IRS Notice 2014-7 & 2015-15 Webinar

Notice 2014-7 and Notice 2015-15: What Your Organization Needs To Know, was presented by Kate Murray on April 1, 2015. This webinar focused on the two key IRS Notices, which could have profound potential impacts on FMS tax operations.The recent Q&A on Notice 2014-7 and its impact on FMS operations was analyzed in depth. Kate covered key recommendations and considerations for your organization when handling federal tax withholding for workers who may receive “difficulty of care" payments. The second part of the webinar covered Notice 2015-15, a new proposed revenue procedure from the IRS that would require employers or agents to receive written authorization from employees before refunding over-collected FICA