Paid-time-off (PTO) requests arrive year-round, but what happens when approving a vacation would leave you short-staffed—or open you to compliance risk? Denying PTO is sometimes necessary, yet if it’s handled poorly you can damage trust, trigger legal issues, or even...
margie@payrollpartners.com
Know the Rules for Employee Reimbursements
Businesses can reimburse employees for eligible out-of-pocket, work-related expenses through either an accountable or a nonaccountable employee reimbursement plan. The key difference lies in how the payments are treated for tax purposes. In an accountable plan,...
OBBBA: Learning the Deduction Details
The OBBBA law is long, but the IRS has summarized some of the most significant provisions: No tax on tips Effective for 2025 through 2028, employees and self-employed individuals may deduct qualified tips received in occupations that are listed by the IRS as...