Friday wrap: New and proposed laws, BSO’s availability and the 2025 Form 940
New IRS and SSA bills, BSO interruption and 2025 Form 940 in our holiday-countdown wrap.
Topic
Payroll Today
A collection of 139 issues
OBBBA: IRS releases guidance on Trump accounts
Another provision of the OBBBA has now stepped into the spotlight—Trump, or Section 128, accounts. Guidance issued by the IRS announces its intention to propose regulations on these accounts. In the meantime, here’s what you need to know if you’re interested in introducing a new benefit to employees
W-2 Wednesday: Furnishing W-2s to employees
Why do you still have to mail employees’ W-2s if you post them to your employee self-service portal or email them? Because the IRS says you must.
Today is Giving Tuesday. Scammers don’t need charity
Here are our tips for keeping this holiday season bright, merry and scammer-free. Some tips may be repeats, but it’s always a good idea to remind employees of the cyber rules of the road.
Law and audits: How to survive one and not get caught in the other
IRS audits may be completely random—your number just came up. More likely, they’re targeted.
Pre-Thanksgiving wrap: Timely mailing rule, a heads-up for tax pros and more
Read this while the turkey cooks: Timely mailing rule, PTINs for tax pros and dessert.
What’s new at the EEOC?
We tend to think of national origin discrimination as discrimination against employees from countries other than America. The EEOC’s latest initiative, however, is aimed at national origin discrimination against American citizens.
OBBBA: What you may report on employees’ 2025 W-2s or separate statements
The IRS’ transition relief lets you off the hook for reporting employees’ qualified tips and the federal half-time overtime premium on their 2025 W-2s. It suggested that you provide separate accountings to employees, but you’re not required to. The IRS, however, never said what you should report, if
Friday wrap: The mystery of 2020 withholding answered, more draft forms, IRS prepares for the 2026 filing season and more
Tips/overtime withholding and reporting, second W-2 draft, IRIS and AIR interruptions, and more in our pre-Thanksgiving wrap.
Employees’ use of unapproved AI: The Shadow knows
How many times a day do employees use Google’s Gemini or Microsoft’s CoPilot because the artificial intelligence tools you provide aren’t getting the job done? This so-called shadow AI is free, easy to access and (mostly) accurate, if you ask the right question in the right way. But it exposes your