New Overtime and HCE Rules for Employers
It’s long been a policy that employees are exempt from the Fair Labor Standards Act’s minimum wage and overtime protections if employed in a bona fide executive, administrative, or professional …
Tax Implications of Payroll Bonuses
If you are rewarding your team’s performance with bonuses, it’s important to consider how those bonuses are given and the tax implications for both you and the employee. One-time bonuses …
What Exactly Is Payroll Automation?
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 …
Do you need to report these forms of employee compensation?
The majority of — if not all — employers understand that they must report the salary, overtime pay, and bonuses that their employees receive as compensation for the jobs they …
Major Overtime Change Will Deeply Affect Employers
According to a Department of Labor release, a newly issued rule increases the salary threshold required to exempt a salaried bona fide executive, administrative, or professional employee from federal overtime pay …
How a Leap Year Impacts Payroll
Remember four years ago when you dealt with a leap year’s impact on payroll? Do you remember what you had to do? If not, here’s a refresher. Download this free …