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Payroll

Payroll management, processing, and compliance for businesses of all sizes

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Additional Medicare Tax 0.9%: How Form 8959 Reconciles Employer Withholding With Filing Status Thresholds
·mike

Additional Medicare Tax 0.9%: How Form 8959 Reconciles Employer Withholding With Filing Status Thresholds

A 0.9% surtax applies to earned income above $200,000 (single) or $250,000 (joint), but employers withhold using a flat $200,000 per-job trigger. Form 8959 reconciles the two rules — generating a balance due for most dual-income couples and a credit for over-withheld single earners.

tax
tax-planning
tax-compliance
FedNow and RTP in 2026: How Small Businesses Replace Slow ACH With Instant 24/7 Bank Transfers
·mike

FedNow and RTP in 2026: How Small Businesses Replace Slow ACH With Instant 24/7 Bank Transfers

FedNow and RTP now reach over 1,700 and 1,200 U.S. financial institutions, settling credit pushes in under 20 seconds, 24/7/365. A practical guide for small businesses on when instant rails replace ACH, how the two networks differ, and how to defend against the fraud patterns that irrevocable settlement creates.

payments
banking
small-business
FLSA Exempt vs. Non-Exempt in 2026: The $684 Salary Floor and the Three-Part Test
·mike

FLSA Exempt vs. Non-Exempt in 2026: The $684 Salary Floor and the Three-Part Test

After the 2024 overtime rule was vacated, the FLSA white-collar salary threshold remains $684 per week ($35,568 per year) in 2026. This guide walks employers through the salary basis, salary level, and duties tests, the safe harbor under 29 CFR 541.603(d), state thresholds that override the federal floor, and the financial exposure of misclassification.

payroll
compliance
legal
Form 6765 R&D Tax Credit Payroll Offset: How Qualified Small Businesses Turn $500,000 of Section 41 Credit Into Cash
·mike

Form 6765 R&D Tax Credit Payroll Offset: How Qualified Small Businesses Turn $500,000 of Section 41 Credit Into Cash

Section 41 lets a qualified small business apply up to $500,000 of R&D credit per year against employer Social Security and Medicare taxes via Form 6765 and Form 8974. This guide explains the QSB tests, the four-part research test, the redesigned Section G that becomes mandatory in 2026, and how OBBBA's Section 174 reset changes the timing math.

tax-credits
payroll
startup
Form 8027: How Restaurants Apply the 8% Tip Allocation Rule and Avoid W-2 Box 8 Surprises
·mike

Form 8027: How Restaurants Apply the 8% Tip Allocation Rule and Avoid W-2 Box 8 Surprises

Form 8027 requires large food and beverage establishments to reconcile gross receipts against employee-reported tips and allocate any shortfall below 8% to directly tipped employees on W-2 Box 8. This guide covers the 10-employee filing test, the three approved allocation methods, the tip-versus-service-charge distinction, and the reconciliation discipline that keeps Box 8 empty.

restaurant
payroll
tax-compliance
Form 941-X Explained: How Employers Correct Payroll Tax Errors, Recover Overpayments, and Stay Inside the Three-Year Statute of Limitations
·mike

Form 941-X Explained: How Employers Correct Payroll Tax Errors, Recover Overpayments, and Stay Inside the Three-Year Statute of Limitations

A practical walkthrough of Form 941-X — when to use the adjustment process versus the claim process, the three-year (or two-year) statute of limitations, the stricter rules for federal income tax withholding, and what to put on Line 43 so the correction holds up under IRS review.

payroll
tax-compliance
irs-reporting
Form W-2c and W-3c: How to Correct a W-2 Without Triggering Penalty Cliffs
·mike

Form W-2c and W-3c: How to Correct a W-2 Without Triggering Penalty Cliffs

Form W-2c fixes errors on previously filed W-2s, but the penalty structure stacks behind the original February 2 due date — $60, $130, $340, or $680 per form depending on how late you file. A practical guide to W-2c and W-3c filing, the 10-return e-file threshold, SSA mismatch letters, and reconciling with Form 941-X.

payroll
tax-compliance
w-2-wages
Form I-9 and E-Verify Compliance: ICE's March 2026 Fact Sheet and the New Penalty Math
·mike

Form I-9 and E-Verify Compliance: ICE's March 2026 Fact Sheet and the New Penalty Math

ICE's March 16, 2026 fact sheet reclassifies common Form I-9 errors as substantive violations with no cure period. Paperwork penalties now run $288 to $2,861 per form, and a 500-employee company with a 40% error rate faces six-figure exposure. This guide covers the timing rules, retention windows, E-Verify mandates in eleven states, the alternative procedure for remote verification, and how to run a defensive self-audit.

compliance
hiring
payroll
Section 79 Group-Term Life Insurance: The $50,000 Tax-Free Limit, IRS Table I, and W-2 Code C
·mike

Section 79 Group-Term Life Insurance: The $50,000 Tax-Free Limit, IRS Table I, and W-2 Code C

How Section 79 actually works in 2026 — the $50,000 employer-paid group-term life exclusion, the IRS Table I rates (unchanged since 1999) that turn excess coverage into W-2 Box 12 Code C imputed income, plus the straddle rule, the $2,000 dependent de minimis, and the 2% S-corp shareholder trap.

tax
payroll
employee-benefits
VCSP and Form 8952: Reclassify Contractors as Employees for About 1% of Back Payroll Taxes
·mike

VCSP and Form 8952: Reclassify Contractors as Employees for About 1% of Back Payroll Taxes

The IRS Voluntary Classification Settlement Program lets eligible employers reclassify 1099 workers as W-2 employees for roughly 1.068% of last year's compensation, with no interest, no penalties, and no employment-tax audit of prior years on those workers.

tax-compliance
payroll
independent-contractor
Wage Garnishment for Employers: How to Process Withholding Orders Without Becoming Personally Liable
·mike

Wage Garnishment for Employers: How to Process Withholding Orders Without Becoming Personally Liable

A payroll operations guide to wage garnishment: how to calculate disposable earnings under the CCPA, apply the correct caps for creditor, child support, IRS, and student loan orders, prioritize multiple orders on one paycheck, and keep records that hold up under audit.

payroll
compliance
legal
ACA Forms 1094-C and 1095-C: The 2026 Compliance Playbook for Applicable Large Employers
·mike

ACA Forms 1094-C and 1095-C: The 2026 Compliance Playbook for Applicable Large Employers

How Applicable Large Employers file Forms 1094-C and 1095-C for the 2025 reporting year. Covers the March 2 and March 31, 2026 deadlines, the post-2024 furnishing-on-request rule, the 2026 penalty amounts ($3,340 and $5,010 per employee), the new 90-day Letter 226-J response window, and the Line 14/16 coding errors that most often trigger IRS audits.

compliance
tax-compliance
payroll
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