In a move to make payments more efficient and to reduce the risk of fraud, the federal government is changing both how they receive taxpayers’ payments as well as how they make payments to others.
Paying employees involves more than making sure they are compensated accurately and on time. Employers are also responsible for calculating, deducting, setting aside and paying the various types of ...
On March 25, President Donald Trump signed Executive Order 14247, “Modernizing Payments to and from America’s Bank Account.” The order takes effect Sept. 30 and requires all federal agencies using the ...
The Internal Revenue Service (IRS) has emphasized the critical need for taxpayers who have missed the federal tax filing and payment deadlines to act quickly. Failing to address tax debts promptly can ...