News-to-Use

Tax Security Awareness Week

According to the Internal Revenue Service, last week was National Tax Security Awareness Week. During this time, the IRS released a tip outlining 5 steps data breach ...
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U.S. House Tax Bill Proposes Changes to FSAs

Last week, the House Committee on Ways and Means released a tax reform bill, entitled the Tax Cuts and Jobs Act. The bill focuses on changes to corporate and individual ...
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IRS Releases 2018 Inflation Adjustments to Tax Provisions

The Internal Revenue Service released the annual inflation adjustments that will apply to certain benefit plan tax provisions in 2018. Revenue Procedure 2017-58, which ...
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Individual Mandate and Income Tax Returns

The individual mandate provisions of the Affordable Care Act require every taxpayer to (a) have qualifying health coverage; (b) qualify for an exemption from having ...
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IRS Guidance on Leave Donation Programs to Help Hurricane Victims

In the aftermath of two of the strongest hurricanes in history, employers are seeking ways to help those impacted. The IRS has sanctioned programs that allow employees ...
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President Obama signs a two-month extension of the payroll tax cut

  • ataylor@basusa.com
  • 25.12.2011
  • Payroll
Friday, December 23, 2011, President Obama signed a two-month extension of the payroll tax cut memorialized in a bill passed by both the House and the Senate. House ...
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House rejects 2-month payroll tax cut

  • ataylor@basusa.com
  • 20.12.2011
  • Payroll
Today, the House rejected legislation to extend a payroll tax cut and jobless benefits for two months. Read More...
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Senate Approves Two-Month Extension of Payroll-Tax Break

  • ataylor@basusa.com
  • 17.12.2011
  • Payroll
This morning, the U.S. Senate approved, in an 89-10 vote, a two-month extension of the payroll-tax break and federal unemployment insurance. The Senate's 89-10 vote will ...
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