Compliance Updates

(December 20, 2023) The publication describes how to figure federal income tax withholding using the percentage method and the wage bracket method and describes alternative methods for figuring withholding. More . . .

 

(December 14, 2023) The IRS announced that the business standard mileage rate for transportation expenses paid or incurred beginning January 1, 2024, will be 67 cents per mile. More . . .

 

(November 9, 2023) The IRS released cost-of-living-adjustments (COLAs) for 2024. More . . .

(November 1, 2023) The IRS announced the cost-of-living adjustments (COLAs) to the dollar limits on benefits and contributions under qualified retirement plans. More . . .

 

(October 12, 2023) The Social Security Administration (SSA) announced on Thursday, October 12, that the 2024 social security wage base will be $168,600. More . . .

 

(December 16, 2022) The IRS has released the 2023 Publications 15 (Circular E) and 15-T, and the Forms W-4 and W-4R. More . . .

 

(October 21, 2022) The IRS announced the cost-of-living adjustments (COLAs) to the dollar limits on benefits and contributions under qualified retirement plans. More . . .

 

(October 18, 2022) The IRS released cost-of-living-adjustments (COLAs) for 2023. More . . .

 

(October 13, 2022) The Social Security Administration (SSA) announced on Thursday, October 13, that the 2023 social security wage base will be $160,200. More . . .