Montana’s minimum wage will increase to $8.50 on Jan. 1

The Montana minimum wage will see the rate increase to $8.50 per hour beginning January 1, 2019. In the 2006 General Election Montana voters approved Ballot Initiative I-151 to raise the minimum wage and require that the minimum wage be adjusted annually for inflation. As a result, Montana Code Annotated Section 39-3-409 requires the Department […]

Colorado’s minimum wage increases to $11.10 on Jan. 1

The Colorado Department of Regulatory Agencies, Office of Policy, Research and Regulatory Reform, has issued a Notice of Public Hearing to provide interested persons an opportunity to be heard prior to the adoption of proposed Colorado Minimum Wage Order 35, 7 CCR 1103-1. The Colorado Department of Labor and Employment, Division of Labor Standards and […]

IRS needs to improve withholding compliance program

The IRS needs to make improvements to the withholding compliance program, according to a report by the Treasury Inspector General for Tax Administration (TIGTA). According to TIGTA, a review of a sample of 79 cases involving taxpayers who were issued lock-in letters in tax year (TY) 2014 based on their TY 2013 Form W-2 wages […]

House approves several tax bills

The House has approved a tax bills that would make permanent the Tax Cuts and Jobs Act (TCJA) (P.L. 115-97) individual and small business tax cuts enacted last December. The bill is part of Republican’s three-bill “Tax Reform 2.0″ package, two of which cleared the House on September 27. The following three House-approved bills make […]

Missouri updates withholding tables

The Missouri department of Revenue has released new withholding tables. Additional information regarding the update can be found at https://dor.mo.gov/news/archive/year/2018. The information will be mailed out to Missouri taxpayers within the next week. If you have any questions regarding this change, please contact the Department’s Withholding Tax Section using the contact information below. Email: Withholding@dor.mo.gov […]

South Dakota’s minimum wage to increase January 1

The minimum wage in South Dakota will increase from $8.85 per hour to $9.10 per hour on January 1, 2019. The state minimum wage is annually adjusted based on any increase in the cost of living, as measured by the Consumer Price Index published by the United States Department of Labor. The increase for 2019 […]

DHS issues proposed rules on green cards and self-sufficiency

The Department of Homeland Security (DHS) announced a proposed rule that will clearly define long-standing law to ensure that those seeking to enter and remain in the U.S. either temporarily or permanently can support themselves financially and will not be reliant on public benefits. Under long-standing federal law, those seeking to immigrate to the U.S. […]

IRS reminds employers on family and medical leave credit

The IRS has issued a notice with information on the family and medical leave credit that was enacted in the Tax Cuts and Jobs Act (P.L. 115–97). Eligible employers who provide paid family and medical leave to their employees may qualify for a new business credit for tax years 2018 and 2019. In addition, eligible […]

Large employers can now e-file employment tax returns

Employers who meet the definition of “large employers” now have the option to e-file their employment tax returns (e.g., Forms 940, 941) without the need for a third party. These large employers are generally required to e-file other returns, such as Form 1120. To do this, they use Form 8453 for the signature, electronically attach […]

2019 per diem rates issued for travel expense reimbursements

The IRS has provided the 2018-2019 special per diem rates for taxpayers to use to substantiate ordinary and necessary business expenses incurred while traveling away from home. The guidance provides the special transportation industry meal and incidental expenses (M&IE) rates, the rate for the incidental expenses only deduction, and the rates and list of high-cost […]