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Crypto Payments Carry Potential Compliance Obstacles
Employers can pay employees in cryptocurrency, but they should be aware of logistical and compliance-related concerns before diving in, payroll professionals said June 23.
Iowa Unemployment-Taxable Wage Base to Rise in 2023
Iowa’s unemployment-taxable wage base is to be higher in 2023 than in 2022, the state department of Workforce Development said June 20.
Vermont Unemployment Tax Rates to Decrease for Fiscal 2023
Vermont’s unemployment tax rates are to be lower for fiscal 2023 than in fiscal 2022, the state Labor Department said June 23.
Payroll Needs to Adopt Processes for Reporting Unclaimed Property
Payroll departments need to establish policies and procedures for reporting unclaimed property in order to avoid penalties and state audits, an unclaimed property specialist said June 22.
Tax Breaks in the Works for Philadelphia Businesses, Homeowners
Philadelphia businesses and property owners would see tax relief in the fiscal year that begins next week under a budget deal Mayor Jim Kenney (D) is expected to sign.
US Updates Foreign Per Diem Rates, Effective July 1, 2022
Foreign per diem rates for more than 120 locations, including New Delhi, Rio de Janeiro, and Sydney, were updated by the US State Department and take effect July 1.