Tag: taxes

Understanding the Value of Stock Options and Reducing Option-Related Taxes

With hopes of a hotter IPO market on the horizon, many private company employees seek to better understand their equity. Two major factors come into play when thinking about equity in startups: how to value it and how the option-related taxes work. Employees need to understand their equity’s value to confidently exercise or sell, and […]

Prepare to Comply with 2024 ACA Deadlines to Avoid Penalties

Employers across the United States that have yet to act on their Affordable Care Act (ACA) filing duties are running out of time and should move swiftly. To comply with the ACA 1095-C furnishing deadline for the 2023 tax year, employers must send forms to their full-time employees by March 1, 2024. Further, to comply […]

As On-Demand Pay Gains Popularity, Data Shows How It’s Working

Interest continues to grow in programs that allow workers to access at least part of their pay ahead of their regular payday. Surveys consistently show that on-demand pay—often called earned wage access (EWA)—is a popular perk for many employees and employers alike. Employers see it as a way to attract and retain workers, and employees […]

Tips on Tallying Up State Tax, Withholding Consequences of Remote Work

One of the most sweeping economic changes arising as a result of the COVID-19 pandemic is the shift from in-person to remote working. Although many employees have returned to working on location again, factors indicate the labor market has evolved to accommodate remote workers more permanently. With the shift comes state tax and other employment […]


Reliance On Gig Economy Can Create Unintentional Liability

In 2014, approximately 14% to 20% of the U.S. workforce consisted of independent contractors known as “gig workers.” In 2020, the number increased to approximately 35%. Some sources estimate that by 2023, nearly half the workforce will consist of freelance and independent workers. The gig economy is nothing new, but with the new employment environment […]

student loan

Student Loan Assistance Boosted by Recent Legislation

The first 4 months of 2021 have been packed with major nationwide events, including significant news surrounding management of the $1.7 trillion in student loans. With all that’s going on, we’ve been following legislation from the new administration, a new Congress, a COVID relief bill, and now the American Rescue Plan.


Tips for Tackling Income Tax Issues Triggered by Remote Employees

The COVID-19 crisis has brought major changes to the U.S. workforce. Many employers have transitioned their workforces to remote work. Now, employees can work from anywhere with an Internet connection. Many employees have taken advantage of the flexibility by investing in home office spaces, moving to different states, and even traveling the country. What most […]


Payroll Tax Deferrals—What Should Employers Do?

Earlier this summer, President Donald Trump issued an Executive Order directing Secretary of the Treasury Steven Mnuchin to defer the withholding, deposit, and payment of certain payroll taxes beginning September 1 through the end of 2020. The order left several important questions open and directed the Treasury to issue guidance to implement the order.