Now that the April filing deadline has passed, most people are spending more time thinking about summer vacations than tax planning. However, summer is a great time to review withholding and see if summer plans will affect next year’s tax return. Below are some common...
On May 25, 2022, during Mental Health Awareness Month, the Wage and Hour Division (WHD) of the Department of Labor, the agency responsible for enforcing the Family and Medical Leave Act (FMLA), issued Fact Sheet # 28O and related Frequently Asked Questions, which discuss mental health and leaves...
Question … Our elders developed a sabbatical policy that provides our pastors with benefits that includes normal salary and benefits. There is additional pay for activities like meeting with mentors, studying, developing relationships with peers, exploring industry best practices, and resting-rejuvenation. Because these activities almost...
Employment benefits that improve quality of life, increase flexibility, and enable people to attend to their personal needs rank high among both employees and job-seekers. And yet, according to the Bureau of Labor Statistics (BLS), while 79 percent of employees have access to paid sick...
Payroll compliance is about meeting your payroll obligations as required by law. Click through to learn how your organization can stay compliant. 1. Federal wage and hour laws The Fair Labor Standards Act (FLSA) sets federal wage and hour standards, which are administered by the U.S....
WASHINGTON — The Internal Revenue Service announced on June 9, 2022, an increase in the optional standard mileage rate for the final 6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business...
In 2020, the FBI reported 1.4 million cybersecurity complaints, mostly identity theft, up from 651,000 in 2019. The Federal Trade Commission received 4.8 million cybercrime complaints in 2020, up from 3.3 million in 2019. According to the Internet Crime Report, the cost to victims was...
Employers can generally offer different PTO benefits to different employees as long as there is a valid and non-discriminatory business reason for doing so. We would recommend mentioning your policy variations in your employee handbook to be clear on the subject. With that said, it is...
Yes, a part-time employee may be classified as exempt. The minimum salary and duties requirements must still be met, of course. And the minimum salary cannot be prorated when an exempt employee works part-time. In other words, the federal requirement to pay $684 per week...
On March 29, 2022, the House of Representatives passed the Securing a Strong Retirement Act of 2022 (“SECURE 2.0”, HR 2954). The vote was largely supported by both parties (414-5). The Senate will likely act on the bill later this spring. While we expect several...