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‘We keep that paperwork for how long again?’ A record-retention checklist

It’s a fine line: You certainly don’t want to discard records too soon – that would make an audit even more of a headache.  Still, you don’t want to hold on to paper any longer than you have to. Some...

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Alert: Nationwide biz audit pushed back to February

An audit of 6,000 businesses that was scheduled for November has been pushed back, giving you a little more time to make sure your company’s records are in order. As previously reported, the Internal...

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Obama proposes increase in FUTA for employers

The White House has a problem: State unemployment funds are shrinking. And the Obama administration has decided that an increase in the wage base for the Federal Unemployment Tax Act tax is the way to...

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Increased FUTA tax deposits for employers in 18 states

Employers who do business in 18 states, plus the U.S. Virgin Islands, will be making larger-than- usual Federal Unemployment Tax Act (FUTA) tax deposits. That’s because the U.S. Dept. of Labor just...

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