From the IRS Newswire: The Internal Revenue Service today reminds employers and other businesses of the Jan. 31 filing deadline that applies to filing wage statements and independent contractor forms with the government. The Protecting Americans from Tax Hikes (PATH) Act requires employers to file their copies of Form W-2, Wage and Tax Statement, [...]
On Monday, the Virginia Senate defeated SB1200 which would have raised the Minimum Wage from the current $7.25 an hour to $15.00 an hour by July 1, 2021. Afterwards, Virginia FREE conducted a conference call with one region's business leaders and they asked about SB1200. Discussion was had about the future of this issue.
On January 14, 2019 Virginia Senator David W. Marsden (D) proposed Senate Bill 1017 that if enacted would increase the minimum wage paid to employees to $8.00/hr. effective July 1, 2019. This proposed bill doesn’t end there but would again increase minimum wage to $9.00/hr. on July 1, 2020. Once again the minimum wage would [...]
IRS Newswire January 7, 2019 WASHINGTON ― Despite the government shutdown, the Internal Revenue Service today confirmed that it will process tax returns beginning January 28, 2019 and provide refunds to taxpayers as scheduled. “We are committed to ensuring that taxpayers receive their refunds notwithstanding the government shutdown. I appreciate the hard work of the [...]