Recent legislation temporarily extends the two percentage point payroll tax cut for employees through Feb. 29.
IR-2011-124 has more information.
The hours of service for most IRS toll-free telephone lines is 7 a.m. to 7 p.m. local time.
The standard mileage rate for business stays at 55.5 cents per mile (unchanged from the July 1 mid-year adjustment).
IR-2011-116 has more information.
IRS Notice 2012-09 provides additional guidance regarding the requirement that certain employers report the value of employer-sponsored health care coverage on the employees? Forms W-2. The notice restates and amends the interim guidance in Notice 2011-28.
Notice 2012-09 provides interim guidance that generally is applicable beginning with 2012 Forms W-2 (forms required for the calendar year 2012 that employers are generally required to give employees by the end of January 2013). More information about the provision is on the ACA pages of IRS.gov.