Understanding the New Federal Tax Law on Tips and Overtime: What Employers Need to Know and How to Prepare The federal income tax exemption for tips and overtime pay—part of the “One Big Beautiful Bill Act” passed on July 3, 2025—is not just a policy change; it’s a...
Payroll
State-by-State Termination Pay Rules: How and When To Pay Final Paycheck
Whether your employee quits or you have to let them go, you are legally obligated to give them a final paycheck. However, the termination paycheck rules vary from one state to another. While some states require you to issue a paycheck as soon as you discharge the...
Do I have to pay our summer intern?
It depends on if they're really an intern. The Department of Labor (DOL) has implemented a “primary beneficiary” test* to help establish compensation requirements. Generally: If the experience is primarily for the benefit of the intern, they can be classified as such...