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The Social Security Administration (SSA) has officially stated that, beginning with electronic W-2 and W-2C forms filed for tax year 2014, they will no longer accept forms with invalid employer identification codes. In years past, SSA has made some attempts to correct invalid employer identification codes, but they say…
Minimize Increasing Unemployment Costs in 2014
February 19 2014
If you pay employees in a FUTA credit reduction state, your unemployment costs have been steadily rising for the past few years, but tax year 2014 brings even more unemployment credit reductions in the form of Benefit Cost Rate Add-on. In 2014, states will also enforce Section 252 of the…