Remove 2018 Remove Deductions Remove Payroll Remove Retirement Plan
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Does Your W-2 Look Wrong? It Could Be This…

Stratus.HR

In anticipation of your questions, our payroll department put together a short list of FAQs to answer everything you’ve been meaning to ask about your W-2. This number is derived by subtracting all your pre-tax deductions from your YTD earnings. Do you have questions about your W-2? How do I get my W-2 if my address changed?

Taxes 64
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Workers’ Compensation: What’s payroll got to do with it?

Workers' Compensation Perspectives

Payroll” used to have a simple meaning. According to the Online Etymology Dictionary: payroll (n.) For workers’ compensation, payroll can have different meanings depending on your jurisdiction and whether you are a worker or an employer. Rules in different jurisdiction may use different terms to describe or define payroll.

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Twelve Tax Planning Topics for 2022

Money Talk

Here are 12 tax topics to consider: Itemized Deductions- Only about 10% of taxpayers can itemize since the Tax Cuts and Jobs Act went into effect in 2018. President, most people can’t itemize without a plan. Payroll tax withholding and/or quarterly estimated payments may need to be adjusted. 401(k), 403(b), 457, TSP).

Taxes 188
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10 tax breaks in the CARES Act

Business Management Daily

Tip: Technically, the payments are advances of refundable credits, generally based on your 2019 tax return (if you’ve filed it) or your 2018 return. Because of changes in the Tax Cuts and Jobs Act (TCJA), more taxpayers are claiming the standard deduction instead of itemizing. Avoid plan payout penalty. Postpone payroll taxes.

Taxes 52
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Understanding the cost of employee benefits & what it means for your company

Genesis HR Solutions

Insurance types: Medical, dental, vision, disability, and life insurance plans. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. 401(k) and retirement plans. per hour worked in March 2018.

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AMERICAN RESCUE PLAN ACT CONTAINS MANY EMPLOYEE BENEFITS RELATED PROVISIONS

Benefits Notes

While employers (for self-insured plans and multi-employer plans) or insurance carriers (for fully insured plans) are responsible for the COBRA subsidy, the paying entity is entitled to take a federal tax credit against payroll taxes. These changes will result in a lower annual required contribution for plan sponsors.