Business Payroll and HR Blog
New York Minimum Wage Increase for 2015
Effective next Wednesday, December 31, 2014, a New York minimum wage increase will occur, rising from $8.00 to $8.75 per hour. The minimum wage will further increase to $9.00 per hour on December 31, 2015. There is currently no planned increase in the minimum wage for...
Tax Relief for Businesses
Congress Provides 2014 Tax Relief for Businesses On December 16, 2014, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), which the House passed on December 3. The act extends through December 31, 2014, certain tax relief provisions that expired at the...
2015 Standard Mileage Rate
The Internal Revenue Service has issued its 2015 standard mileage rate. Effective January 1st, 2015, the IRS standard rate will be 57.5 cents per mile driven for business purposes (an increase of one-and-a-half cents from the 2014 rate of 56 cents per mile). Use of...
2015 Labor Law Updates
With the Affordable Care Act, midterm elections, and other scheduled labor law changes, there are several new major pieces of legislation heading our way in 2015. Below is a summary of some of the key 2015 labor law updates and trends to keep in mind as we approach...
Rules for Exempt and Non-Exempt Employees: Employer Obligations
Q. We had a disciplinary issue with an hourly employee last week. Instead of reporting at normal time to work, we instead asked that they report later in the morning for a meeting with supervisors. She did not clock in prior to the meeting. Are we responsible for...
Wage and Hour Audit
Wage issues are some of the most frequent, expensive and challenging employer compliance problems. Compliant wage practices and classifications are your first and best defense. In order to best withstand a wage and hour audit or investigation from the Department of...
Year-End Tax Planning for 2014
The end of 2014 is quickly approaching, so it’s important that everything is in order to ensure there are no surprises when the time comes to file taxes. Year-end tax planning for small businesses isn’t something to put off or ignore. It’s important to look at your...
2015 OSHA Reporting Requirements
On January 1st, a final rule from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) will take effect that will change the 2015 OSHA reporting requirements for injury and illness. This new rule adds to the number of situations in which...