Accounting Today

The Internal Revenue Service has issued interim guidance to employers on the informational reporting requirements on each employee's annual Form W-2 of the cost of the health insurance coverage they sponsor for employees.

The U.S. Small Business Administration has proposed to adjust the size definition of small businesses in professional, scientific, and technical sectors, and other service sectors, to expand eligibility for small business programs.

Small-business employment continued to show growth in December with hours worked up and wages flat, according to the latest update of the Intuit Inc.’s "Small Business Employment Index."

The start of the New Year ushers in a series of new regulatory, compliance and legislative changes that could potentially affect every small business.

The Internal Revenue Service issued new guidance allowing the continued use of flexible spending arrangement and health reimbursement arrangement debit cards for the purchase of prescribed over-the-counter medicines and drugs.

The Internal Revenue Service recently released instructions to help employers implement the 2011 cut in payroll taxes that were included as part of the tax cut legislation passed by Congress, along with new income-tax withholding tables that employers will use during 2011.

The Internal Revenue Service has released final guidance for small employers eligible to claim the new small business health care tax credit for the 2010 tax year.

The Internal Revenue Service has published guidance relating to rollovers from 401(k) plans to designated Roth accounts in the same plan.

The Internal Revenue Service has issued guidance to manufacturers and importers of branded prescription drugs on the annual fee imposed by the health care law.