New Overtime Reporting Requirement on 2026 Form W-2s
01-09-2026 4:00pm New Overtime Reporting Requirement on 2026 Form W-2s We want to alert those whose Company issues W-2s to their employees to a significant change in payroll reporting that will affect all employers beginning with the 2026 tax year (though some consideration is also needed for the current tax year, 2025). Under the One Big Beautiful Bill Act (OBBBA...
Information on Form 1099 Reporting Requirements for the 2025 Tax Year
01-09-2026 3:38pm Information on Form 1099 Reporting Requirements for the 2025 Tax Year As we enter the 2025 information reporting season, we wanted to provide a summary of the IRS requirements for filing Forms 1099. Please review and take necessary action to ensure compliance and avoid penalties. Electronic Filing Requirements If you file 10 or more informa...