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Your choice: To ditch Social Security tax withholding or not

Business Management Daily

President Trump’s executive order suspending the employee portion of Social Security taxes, issued two weeks ago, left many employers wondering what to do. Then, the Treasury Department offered some clarity on the payroll tax. We’ve spent the better part of this week reading other tax lawyers’ opinions about this.

Taxes 81
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How CARES Act Affects Employee Retirement Plan Distributions

Health Consultants Group

Even if you’re not quite back to business as usual, it’s tax time, and the IRS expects you to be ready. If you allowed your employees to access emergency distributions, rollovers, and loans, they must address those funds in their 2020 tax returns. The rules expanded distribution options and waived certain taxes and other requirements.

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Early and multiple interventions will improve pensions engagement!

Employee Benefits

Topics can include reviewing financial goals, developing an investment strategy, maximising tax efficiencies and how to plan for retirement. Established in 2005, we work with hundreds of organisations across both the private and public sector by offering financial education, guidance and regulated financial advice.

Pension 52
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What employees need to know to reduce the impact of the LTA

Employee Benefits

million pension savers [1] are set to reach the limit and will be hit with a tax charge of 55% in retirement. Further to this, any tax free cash received from the pension will also need to be added to this figure and tested against the members available LTA. However despite this, many employees don’t even realise that they are at risk.

Pension 52
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Diving into PUNC - Usage Clause

AssuredPartners

In 2005, a Challenger 600 ran off the departure end of New Jersey’s Teterboro Airport (TEB) at a ground speed of about 110 knots; smashed through an airport perimeter fence; carried across a six-lane highway (where it struck a vehicle) and into a parking lot before impacting a building. This month, we review the Usage Clause.

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10 Companies Offering Work from Home

HR Digest

The number of people who work from home has increased by 140 per cent since 2005. is a software company that develops software for financial, accounting, and tax preparations for small businesses, accountants, and individuals. It has a lot of remote options for tax consultants on its site. Recent research shows that 4.3

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PUNC - Usage Clause

AssuredPartners

In 2005, a Challenger 600 ran off the departure end of New Jersey’s Teterboro Airport (TEB) at a ground speed of about 110 knots; smashed through an airport perimeter fence; carried across a six-lane highway (where it struck a vehicle) and into a parking lot before impacting a building. This month, we review the Usage Clause.