Employers must set compensation policies for remote workers taking into account federal and state tax laws and state legal requirements.
Employers need to react quickly to the new guidance to pay in amounts as if they were incurred on Dec. 31, 2021.
Notice 2021-49 provides answers on previously uncertain issues and addresses changes implemented in the American Rescue Plan Act.
Some employers can give paid leave to employees impacted by COVID in 2021 and claim a payroll tax credit per the American Rescue Plan Act.
Notice 2021-42 provides guidance for cash payments from foregone vacation, sick or personal leave made by employers to charities.
Some employers can give paid leave to employees impacted by COVID in 2021 and claim a payroll tax credit per the American Rescue Plan Act.
Managing significant tax changes will ensure individuals and businesses are positioned for success for the remainder of 2021 and beyond.