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Circular E for 2010
The IRS has released Publication 15 (Circular E), Employer's Tax Guide, for 2010. Withholding tables are included.
Download the publication.
Mileage Rate Drops to 50 Cents for 2010
The IRS has announced that the business standard mileage rate for 2010 will drop to 50 cents per mile. The rate for medical or moving expenses will drop to 16.5 cents. Download the Revenue Procedure.
Form W-4 for 2010
The IRS has released Form W-4, Employee's Withholding Allowance Certificate, for 2010. There are new instructions for nonresident aliens. Download the form.
Form 940 for Tax Year 2009
The IRS has released Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, for tax year 2009. Michigan is a credit reduction state this year. Download Form 940, Schedule A (Form 940), and the 2009 Instructions.
Social Security Wage Base Unchanged in 2010
On October 15, the Social Security Administration announced that the 2010 social security wage base will be $106,800, unchanged from 2009. Download the SSA Fact Sheet.
No Change in Pension Plan Limits for 2010
The IRS has announced the dollar limits on benefits and contributions under qualified retirement plans, plus other items. The 401(k)deferral limit stays at $16,500. Download the IRS Release.
Limited Changes in 2010 Inflation-Adjusted Amounts
The IRS has released inflation-adjusted tables for 2010 reflecting no changes in many of the items reported. Transportation fringe limit stays at $230. Download the Revenue Procedure.
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