In October, the Social Security Administration announced several important Social Security updates for 2017. The updates impact both people collecting Social Security benefits as well as those currently paying Social Security and Medicare taxes. These updates take effect January 1st, 2017. Below are a few of the key updates. Cost-of-Living Adjustment – The Cost-of-Living Adjustment […]
Archives for November 2016
Happy Thanksgiving From Geenen & Kolean
New Form W-2 Filing Deadline
Last week the IRS issued IR-2016-143 reminding employers that the filing deadline for Form W-2’s has changed. The Protecting Americans from Tax Hikes (PATH) Act, which was enacted last December, changes the employer filing deadline to January 31. In the past, employers had until the end of February or end of March, to send in […]