Employers

New employer tax credit for paid family and medical leave available for 2018 and 2019

New employer tax credit for paid family and medical leave available for 2018 and 2019

Eligible employers who set up qualifying paid family leave programs or amend existing programs by Dec. 31, 2018, will be eligible to claim the employer credit for paid family and medical leave, retroactive to the beginning of the employer’s 2018 tax year, for qualifying leave already provided.

After Pushback, IRS Will Hold Big Withholding Form Changes Until 2020 Tax Year

After Pushback, IRS Will Hold Big Withholding Form Changes Until 2020 Tax Year

the Internal Revenue Service (IRS) is still struggling to figure out how to assist taxpayers with their withholding under the new law. The push from Congress to make things “simple” means that many taxpayers might not be withholding enough - and that may not change any time soon.