News
Beneficial Ownership Interest (BOI) reporting through FinCEN
Law changes related to Beneficial Ownership Interest (BOI) reporting through FinCEN.
Arizona Minimum Wage Information
Arizona's Minimum Wage Increase: Effective January 1, 2024.
New Arizona Form A-4
Arizona Form A-4 which is used to calculate Arizona income tax withholding has been updated to reflect Arizona's 2023 2.5% individual income tax rate.
Arizona's Employees Have New Tax Withholding Options.
Employee Tax Withholding Form A-4 Updated to Reflect Lower Rates.
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Arizona Minimum Wage Information
Arizona's Minimum Wage Increase: Effective January 1, 2023.
Arizona Minimum Wage Increase
The Arizona minimum wage increases to $12.80 per hour for regular employees and $9.80 per hour for tipped employees effective January 1, 2022.
IRS Announces 401(k) Limit Increases for 2022
The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020.
Additional retirement plan limitations can be found through following link:
IRS announces 401(k) limit increases to $20,500 | Internal Revenue Service
UPDATE - Employee Retention Credit
The employee retention credit will terminate early.
The infrastructure legislation makes wages paid after September 30, 2021 ineligible for the employee retention credit. An exception are wages paid by an eligible recovery startup business which is a business which started on or after February 15, 2020 and meets other eligibility requirements.
