Managing payroll is often regarded as an overwhelming and daunting task. From tracking the unique tax codes for each of your employees and the seemingly countless deduction options to determining whether each employee is an hourly or salaried worker, there are many details to be...
The Internal Revenue Service reminds businesses that starting in tax year 2023 changes under the SECURE 2.0 Act may affect the amounts they need to report on their Forms W-2. The SECURE 2.0 Act allows for additional features in various employer retirement plans to encourage use...
In a typical year, the Equal Employment Opportunity Commission (EEOC) secures over $400 million for EEO victims. As a small business owner, being involved in an EEOC case can quickly get expensive. If you become the target of an EEO complaint, an average case can easily cost...
Juneteenth National Independence Day became the 12th legal public holiday, celebrating the emancipation of the last enslaved African Americans. On that day in 1865, Union soldiers led by Gen. Gordon Granger arrived in the coastal city of Galveston, Texas to deliver General Order No. 3,...
Question: My employees regularly forget to clock in and out for their breaks and meal periods. I've told them countless times, and they just forget to do it. What can I do? Answered by the HR Experts: There are a few steps you can take to...
Question: Some of our employees have been careless on the job and broken company property. Can we deduct the cost of replacing the broken items from their paychecks? Answered by the HR Experts: Probably not. Many states have imposed significant limitations on what kinds of things...
Taxpayers and tax professionals should remain alert and aware of these common tax scams, schemes and cons to avoid losing money, personal information or client data. Social media: Fraudulent form filing and bad advice Social media can circulate inaccurate or misleading tax information, and the IRS...
While the Pregnancy Worker Fairness Act (also known as PWFA ) went into effect June 27, 2023, Equal Employment Opportunity Commission (EEOC) issued its final regulation to carry out the law April 15, 2024 which goes into effect June 18, 2024. This final rule provided...
It depends. Different states have different labor laws that govern the amount of paid sick leave an employer is required to provide and how that time is accrued. As of January 1, 2024 California increased the number of sick leave employers of all sizes are required...
Question: A pregnant employee has gone on leave 4 weeks before the baby is going to be born. Do I have to give her all 12 FMLA weeks after it’s born, too? Sixteen weeks is a lot! Answered by the HR Experts: Eligible employees are entitled...