W-2 Wednesday: Drive my car The perkiest perk of all—driving a company car—is tempered by the fact that employees’ personal use is taxable and reportable on their W-2s in Boxes 1–6. You may choose among four methods to value employees’ personal use.
OBBBA: The AICPA has some ideas on 2025 W-2 reporting of tips/overtime This safe harbor would permit employees and their tax return preparers to rely on alternative information to determine the deductions.
Were we phished? Employees won’t take as much time as we did to compare IRS e-newsletter urls. So this is the perfect opportunity to review your phishing defenses.
Friday wrap: Payroll begins to feel the shutdown, E-Verify is back, the IRS is looking for volunteers and more Payroll-related delays, tax assistance volunteer opportunities and more as the shutdown lumbers on.
Appeals the Supreme Court won’t hear The Supreme Court turns down many more appeals than it hears. On the losing end are appeals of tax cases brought by taxpayers themselves, because every attorney knows they’re kryptonite. We’ve picked a few with payroll implications.
W-2 Wednesday: Handling two W-2s from two third-party payroll providers Before going live with your new vendor, determine whether all the data in the new system matches data from previous calendar quarters. If adjustments need to be made, push your new vendor to make them. They may hesitate, but they’ll do it in the end.
OBBBA: Figuring the paid family tax credit The One Big Beautiful Bill Act makes three key changes to the IRC § 45S tax credit for providing paid FMLA leave to employees. While we briefly touched on this before, let’s get into the details now.
First-IRS-furlough Friday wrap: 2026 inflation adjustments 2026 inflation adjustments take the spotlight in our shutdown-abbreviated Friday wrap.
Notes from the October IRIS working group meeting October IRIS working group meeting: Filing platforms, TCCs and more.
W-2 Wednesday: Where’s Waldo and what to do about misreported state wages Waldo, in his red-and-white striped shirt, pops up everywhere, which is the point. Waldo is a cartoon character, so no worries about getting his state withholding and reporting right. In the real world, employees move and forget to tell their employers, which leads to a withholding and W-2 reporting