The nine payroll services that received a 3.5/5 or higher on the Forbes Advisor Rating include Paychex Flex, Justworks and Gusto, as well as many other great options. The advisors rated these companies based on four factors — pricing, criteria, third-party reviews, and expected analysis. Each platform varies, but all
Form 2441 requires that expenses be associated with an EIN in the case of expenses paid to a company (i.e. daycare center) or an SSN in the case of wages paid to an individual caregiver. If wages were paid to an individual caregiver, the family will need to report those
EY, PricewaterhouseCoopers LLP and KPMG LLP are pulling out of Russia in response to the war in Ukraine, the latest companies to conclude business ties to the country are untenable in the wake of its invasion of Ukraine. EY said in a statement it “has commenced a restructuring of its
The Internal Revenue Service is looking to highlight the “service” in its name with the creation of its first Taxpayer Experience Office. The new office will focus on “all aspects” of taxpayer interactions with the IRS. Ken Corbin “Whether checking the status of a tax return, meeting with a revenue
I have two young daughters (ages four and seven) who love playing with Legos. I enjoy helping my girls with their building projects, but I decided to go all in and buy an adult Lego project for myself. At over $100, the grown-up Legos are serious business. It’s a high-end,
Key Democratic Senator Joe Manchin laid out a path to reviving President Joe Biden’s economic agenda, saying he could support a slimmed-down version that splits any revenue raised between shrinking the deficit and new spending. Manchin’s outline was welcomed by some fellow Democrats as a sign of a potential break
State and local taxation administration and policy continued to be shaped by the COVID-19 pandemic during the past year. “The news headlines in 2021 were dominated by the pandemic, and the same can be said of state and local tax policy and litigation,” observed Jamie Yesnowitz, state and local tax
Practice Ignition, a proposals and payments platform developer for professional services firms, has changed its name to ‘Ignition’ to reflect an expanded focus into client engagement and commerce as well. Along with the rebranding, the company has made several enhancements to its platform. The improvements include conversion rate optimization in
The Employer-Provided Child Care Credit can save employers with eligible expenses more money in taxes than using a deduction alone, and it also helps employees by letting them exclude some child care benefits from their taxable wages, according to a new report. The report, released Thursday by the Government Accountability
Surrogate scam; truck stop; the nose job; and other highlights of recent tax cases. Las Vegas: Tax preparer Jesus S. Castro, 39, has been sentenced to 46 months in prison for failing to collect and pay over federal employment taxes, causing a tax loss to the IRS of more than
