by PC Editorial Staff | May 2, 2023 | IRA, IRS, Small Business Administration
For National Small Business Week, April 30 to May 6, the Internal Revenue Service (IRS) is sharing tax benefits and small business resources with new and established small business owners. The U.S. Small Business Administration (SBA) uses National Small Business Week...
by PC Editorial Staff | Apr 25, 2023 | Affordable Care Act, Coronavirus (COVID-19), DOL, HHS, IRS
On April 18th, 2023, the Internal Revenue Service (IRS), Department of Labor (DOL), and Department of Health and Human Services (HHS) jointly issued frequently asked questions (FAQs) about COVID-19 healthcare coverage as the public health emergency (PHE) ends. The...
by PC Editorial Staff | Mar 21, 2023 | cybersecurity, Federal Labor Law, Identity Theft, IRA, IRS
On March 20th, 2023, the Internal Revenue Service (IRS) opened its annual list of tax scams with a warning about fake Employee Retention Credit (ERC) schemes. The agency’s annual list, named the “Dirty Dozen,” includes 12 common fraudulent tax schemes taxpayers may...
by PC Editorial Staff | Mar 14, 2023 | DOL, IRS, OSHA, Taxpayers First Act, TFA, whistleblower
On March 10th, 2023, the U.S. Department of Labor (DOL) issued a final rule on handling complaints of whistleblower retaliation. Specifically, the final rule adopts the procedures and time frames for handling employee retaliation complaints stated under the Taxpayer...
by PC Editorial Staff | Feb 28, 2023 | DOL, Employee benefit plans, IRS, Retirement Plans
Last week, the U.S. Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) released their final rule bringing changes to the 2023 Form 5500, Annual Return/Report of Employee Benefit Plans and Form 5500-SF...
by PC Editorial Staff | Feb 7, 2023 | Federal Labor Law, FLSA, IRS, Minimum Wage Law, Wage & Hour
Yesterday, the Internal Revenue Service (IRS) issued, as a part of Notice 2023-13, a proposed service industry tip reporting program for employers. The proposed program, called the Service Industry Tip Compliance Agreement (SITCA), would be the primary tip reporting...