Payroll

What are general record retention guidelines for business taxpayers? While a business’s recordkeeping system will be unique to its situation, below are some general guidelines regarding tax-related records. Canceled checks for tax payments – Permanent Correspondence from IRS/taxing authorities – Permanent Depreciation schedules – Permanent FUTA/FICA/SUTA/income...

There’s been a rise in fake unemployment claims in West Michigan. Investigators say the criminals are from out of state and using the UIA because the agency typically tries to get people benefits as soon as possible. However, increased security measures have been put in place,...