Archive for Tag: Taxes

06.11.19

IRS Encourages Employees to do a Paycheck Checkup for Withholding Taxes

If your employees experienced an unexpected tax bill for 2018, now is the time for them to make changes to their tax withholding to prevent issues when they file their 2019 taxes. The IRS is encouraging all taxpayers to do a Paycheck Checkup using their online tools now to make sure they have elected the correct amount […]

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12.17.18

ACA Struck Down by Federal Court, but Will Remain in Place Pending Appeal

On Dec. 14, 2018, a federal judge ruled in Texas...
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11.19.18

What is an HSA?

An HSA (Health Savings Account) is a tax-advantaged account that...
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08.08.18

Changes to 2018 Idaho State Income Tax Withholding

Recent changes in the Idaho state tax laws have adjusted...
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05.18.18

Changes to Utah State Tax Withholding

Effective May 1, 2018, the Utah State Tax Commission announced...
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12.20.17

House and Senate Pass Tax Reform Bill

On Dec. 20, 2017, the tax reform bill, called the...
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08.16.17

IRS Issues Clarification on ACA Pay or Play Penalties

There is still a lot of confusion among employees with regard to the current status of the Affordable Care Act (ACA). Because of this, the Internal Revenue Service (IRS) Office of Chief Counsel has recently issued several information letters regarding the Affordable Care Act’s (ACA) individual and employer mandate penalties. These letters clarify that: Employer […]

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01.05.16

What is a 1095 Tax Form?

This year, as a result of regulations in the Affordable...
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09.30.15

Important ACA Definitions for Small Businesses

The Affordable Care Act (ACA) is a source of a...
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07.15.15

Small Businesses Confused about ACA Tax Reporting Requirements

A Plus Benefits recognizes the amount of uncertainty surrounding the...
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