Blog Posts in Tax Compliance

Can You Reduce FICA Taxes with R&D?
A new tax credit introduced by the federal government to encourage more research and development will make it possible for some small businesses to reduce their tax liabilities under the Federal Insurance Contributions Act (FICA). Eligible companies...Read more
2 Biggest Payroll Concerns for Remote Employees
Digital technology has made it more attractive for companies to bring on remote employees capable of working almost anywhere. Keeping track of remote employees for payroll reporting purposes can be somewhat confusing. Understand that making payroll...Read more
An Easy-To-Understand Explanation of the W-2
As a leading provider of online payroll services for small business, it's not uncommon for BenefitMall to work with clients who have W-2 questions. In an effort to make using the W-2 form a little bit easier, we have put together a basic explanation...Read more
Great Ways to Help Employees This Tax Season
It's that time of year again when workers start filing their tax returns. Many are hoping for a nice return they plan to use to catch up on bills, take a trip, or just do something special for the family. Did you know that you, as an employer, can...Read more
Yes – It's W-2 Time Again for You and Your Workers
The passing of December means the holidays are over and for employers, it means something else: it is W-2 and W-3 season again. Both forms must be completed and filed by the end of January, so there is no time to waste in getting things in order in...Read more
How Your Payroll System Affects Your Balance Sheet
The balance sheet is to small business what an inspection sheet is to a car mechanic. It provides a quick snapshot of how the business is doing based on summaries of assets, liabilities, revenues, and profits. Smart business owners know that nearly...Read more
A Year-End Reminder About the I-9 Form
Earlier in 2016, the federal government announced changes to the I-9 form used to document worker eligibility. Beginning November 22, employers will be able to freely download a new I-9 form from the website of the U.S. Citizenship and Immigration...Read more
What You Need to Know about the EIN
The employee identification number (EIN) is one of the most important numbers for payroll and tax purposes. Any business owner with at least one employee – as opposed to working as a sole proprietor – has to have an EIN for tax reporting purposes...Read more