Latest HR News & Articles
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Payroll & Tax Compliance Articles
Keep up to date with current trends and issues related to payroll and tax compliance for your business. Topics include IRS news and updates and general payroll processing and tax compliance issues for business.
For many employers, sending employees out into the big, wide world to perform their job duties is an everyday occurrence. However, many employers are not aware of the situational details that may make time compensable or not compensable for non-exempt employees. Employers must consider both state and federal law surrounding travel time pay and then apply the most generous policy to the employee.
Did you know that just because you are paying an employee on a salary basis, it does not immediately make that employee ineligible for overtime? The crucial distinction is whether the employee is exempt or non-exempt from wage regulations that cover overtime. The employer’s method of payment such as hourly, salary, or commission, is only one element of the exempt classification.
Additional Medicare Tax. Effective January 1, 2013, an additional Medicare tax will impact employers and payroll service providers. The Patient Protection and Affordable Care Act (PPACA) increases the Medicare tax rate on wages by 0.9% (from the current rate of 1.45% to 2.35%) for higher-income individuals starting in 2013.
E-Verify is a free Internet-based system that compares information from an employee’s Form I-9 to data supplied by the federal government to confirm whether the individual is authorized to work in the United States. According to the Department of Homeland Security (DHS), more than 387,000 employers, large and small, across the United States use E-Verify to check the employment eligibility of new employees, and about 1,200 new businesses sign up for the service each week.