Brady Ware News

Hourly Technicians and Travel Time Compensation

Do Employers Have to Compensate Hourly Technicians for Travel Time? The U.S. Department of Labor’s (DOL) Wage and Hour Division (WHD) has issued a new Opinion Letter on whether employers must compensate employees for travel time. These letters are issued to help the public better understand compliance with certain federal laws. They’re based exclusively on…

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Is Mandatory E-Verify the Future?

Mandatory E-Verify May Be Coming, Are You Ready? E-Verify is about to play a critical role under the Trump administration. The electronic service, launched in 1996, is primarily a voluntary web-based system, though it could soon become mandatory. E-Verify enables employers to quickly determine whether information supplied by job applicants on their I-9 forms is…

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IRS to End Offshore Voluntary Disclosure Program in September

The IRS announced it will begin to ramp down its Offshore Voluntary Disclosure Program (OVDP) and close it on Sept. 28, 2018. This gives taxpayers with undisclosed foreign financial accounts time to still use the program. “Taxpayers have had several years to come into compliance with U.S. tax laws under this program,” said Acting IRS…

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Business Interest Expense Deductions

IRS Sheds Light on New Limit on Business Interest Expense Deductions The Tax Cuts and Jobs Act (TCJA) imposes a limit on deductions for business interest for taxable years beginning in 2018. The limit, like other aspects of the law, has raised some questions for taxpayers. In response, the IRS has issued temporary guidance in…

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Countries Seek Digital Tax Consensus

More than 100 Countries Agree to Seek Digital Tax Consensus by 2020 Some 110 countries have agreed to work toward forming an international consensus by 2020 on how to tax digital businesses across borders, according to the Organisation for Economic Co-operation and Development (OECD). In a report commissioned by G20 powers, the OECD said the…

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