The Internal Revenue Service wants tax-exempt organizations to know about recent tax law changes that might affect them. The Taxpayer Certainty and Disaster Tax Relief Act, passed on December 20, 2019, includes several
Many let out a sigh of relief after the repeal of the “Cadillac tax” on high-cost employer-sponsored health plans. What is the Cadillac tax? Under the 2010 Affordable Care Act (“ACA”), plan sponsors
Here are some important deadlines coming up soon. February 28 Deadline to file with HI Department of Taxation Forms: HW-2 (Statement of Hawaii Income Tax Withheld and Wages Paid) HW-3 (Employer’s Annual Return &
The Hawaii Department of Labor and Industrial Relations (“DLIR”) recently published the 2020 unemployment insurance tax rate schedule and weekly benefit amount. Contribution Rate Schedule C of the rate table
As 2020 kicks off, here are some links to current forms as well as some reminders and upcoming deadlines. Form HC-5 for 2020: Employers must ensure employees who choose to waive health care coverage under Hawaii’s
Welcome to the new tax year! Here are some updates from the Internal Revenue Service (“IRS”). IRS Deadlines Extended for Forms 1095-B and 1095-C Notice 2019-63 extends the deadline for issuing Forms 1095-B
Last week, the IRS released its long-awaited final version of the 2020 Form W-4. A revised Form W-4 has been in the works to implement all the changes made following the 2017 Tax Cuts and Jobs Act. Some highlights of the
The IRS has issued a proposed rule regarding the valuation of employees’ personal use of company vehicles. If an employer provides an employee with a vehicle that is available to the employee for personal use, the