The tax year 2021 W-2 reporting is only required for the W-2 issued to the employee. Because this information is reported in Box 14, most of us are aware that Box 14 information is not included in the e-file submitted to the SSA/BSO or the IRS. The IRS Notice 2021-53...
By Alisha Rocks (Product Manager) and Laura Detsch (Compliance Officer) Tax compliance is ever changing, and Greenshades has completed updates to our automated payroll tax compliance software for what is NEW for Q2. What will you need to know to have a successful...
By Alisha Rocks (Product Manager)and Laura Detsch (Compliance Officer) Over the years, employers have experienced the expanding requirement for electronic reporting. Gone are the days of paper submissions and the EEOC has followed that same path. Is your company able...
The workplace is rapidly evolving, and gig work is on the rise. Right now, 36% of American workers do gig work as either a first or second job, which amounts to nearly 60 million workers in the US alone. By 2023, we can expect 52% of American workers to either be gig...
By Laura Detsch Compliance Officer The American Recovery Plan Act (ARPA) of 2021 was passed in early March 2021. The bill included many payroll modifications. We at Greenshades want to be sure you understand how the changes could affect you. Items that may affect...
By Jeffrey Rothholz Senior Compliance Officer It’s never an easy situation when an employee passes away, especially unexpectedly, but companies that have a plan in place can make the process a bit easier for those left behind while ensuring that they meet their...
By Laura Detsch Compliance Officer There is a draft version of the IRS Form 941X (Rev. July 2020) available. The final version is expected to be available by the end of September 2020. This revision incorporates the additional elements related to the changes...
The Cares Act is ‘phase 3’ of the federal stimulus package fighting the effects of COVID-19. As with most federal Bills this one has many facets to it that will assist a wide array of needs. The CARES ACT assists via Small Business Interruption Loans, the Economic...
