In December 2019, the IRS released the 2020 Form W-4, Employee’s Withholding Certificate. This version of the form has been changed from the previous draft form that was released in August. In addition, there is a noteworthy change on how you can find Federal Income Tax Withholding Method tables. With tax season upon us, here’s [...]
IT’S HERE! The IRS has released the final W-4 for the 2020 tax year. Any employee that needs to make a change to their federal withholding effective on or after 1/1/2020 will be required to use the new form. This form change has significant impact on payroll professionals and their employees. In addition, several states [...]
Employers are required to verify the identity and employment authorization of new employees. This is done on Form I-9 and most employers are likely familiar with this form and also familiar with the associated civil fines and criminal penalties. Looking closely at the form, employers may notice that the current Form I-9 has expired. The [...]
Dynamics GP 2019 Compatibility Release Microsoft released the next version of Dynamics GP (formerly known as Dynamics GP 2018*) on October 7, 2019. Soon, we will have our 2019 release of Integrity Data product compatibility updates – our promise is 90 days but we usually do all we can to have it to you within [...]
In September 2019, California passed legislation that could put the “gig economy” job market in question. What is “gig economy”? It is a labor market that is characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs. Often also referred to as a "side hustle," though for some it is [...]
Microsoft Dynamics User Group Summit 2019 is less than three weeks away! There is something for everyone at Summit and for those of you wondering about the transition from GP to Business Central, this is the schedule we would recommend. Wednesday, October 16 – The Game has Started, Bring on the Business Central Sessions! 9:45 [...]
Dynamics Communities is hosting the 2019 Microsoft Dynamics® User Group Summit this year from October 15-18. If you haven’t registered already, it’s not too late to do so. We will be there in full force to meet you and listen to what you need and want for a better HR and Payroll experience! GP HR [...]
The IRS has released an updated "final" draft W-4 for tax year 2020. We talk more about what that means for payroll professionals and employers here. So what's new on the draft 2020 Form W-4? Let's break it down step by step. Step 1: Enter personal information This section of the form resembles the prior [...]
While still technically in draft mode, the IRS posted an “early release” of the 2020 W-4 available to the payroll industry, knowing that this form may cause some disruption. The release of the 2020 W-4 comes as a result of the passage of the 2017 Tax Cuts and Jobs Act (TCJA). Subsequently, the IRS took [...]
In response to changes in federal taxes by the Tax Cuts and Jobs Act (TCJA) passed in December of 2017, the IRS released an early draft of the new 2020 W-4 on May 30th. Read more about the reasons for the change here. This new form will require payroll software and service providers to change [...]