Payroll/Taxes · July 01, 2024
On-call employees are required by their employers to be available for work even during the employees' time off.
Whether you must provide on-call pay for these employees depends on a few factors. But if you're not paying for these hours, you may be violating the Fair Labor Standards Act rules for hours worked and overtime. And that's a recipe for hefty fines.
Payroll/Taxes · May 05, 2024
Minimum wage and overtime requirements are established by federal law, under the Fair Labor Standards Act (FLSA). That said, the FLSA has evolved over the years, and what was true at the time of its passage in 1938 differs from what currently stands today.
Payroll/Taxes · March 18, 2024
By nature, nonprofits operate with the selfless assistance of volunteers. However, what if we told you that nonprofits also have paid employees who rely on regularly scheduled paydays?
March 11, 2024
Employees can use a pay stub to confirm what was withheld from their gross pay so they can understand how the final net pay amount was arrived at. While no federal law requires pay stubs, most states do.
Payroll/Taxes · June 26, 2023
More than ever, as rising inflation chips away at disposable income, a pay raise can help plug the gap. The 2023 Social Security cost-of-living adjustment is 8.7%. When times are tough, some extra dollars can remind employees that management has not forgotten them.
Payroll/Taxes · June 20, 2023
Employers generally must withhold income tax from employees' wages. To figure out how much tax to withhold, you need to use the employee's Form W-4, the appropriate method and the appropriate withholding table described in Publication 15-T, Federal Income Tax Withholding Methods. You'll deposit your withholdings based on your business and the amount you withhold.