Employee Retention Credit Discontinued for 4th Quarter 2021

The Infrastructure Investment and Jobs Act signed into law Nov. 15, 2021 ended the availability of the Employee Retention Credit for the fourth quarter of 2021 for all employers besides recovery startup businesses. Employers who reduced their employment tax deposits in anticipation of taking this credit in the 4th quarter of 2021 will be required […]

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E-Filing Threshold

If you do not currently e-file W-2s and 1099s, you may be required to soon. IRS proposes lower e-filing threshold for employers. More employers will soon be required to file electronic returns with the IRS. The IRS has proposed new regulations designed to lower the e-filing threshold gradually over the next two years. The new […]

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New Indiana Minor Reporting Requirements

Effective July 1, 2021, Indiana employers with five or more minor employees under the age of 18 are now required to register with the Indiana Department of Labor’s Youth Employment System, YES. Previously, schools were responsible for issuing work permits to minor employees. This new requirement, passed with Indiana Code 22-2-18.1-26, eliminated work permits for […]

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