Yesterday the Social Security Administration (SSA) announced that the Social Security wage base for 2016 will remain the same as 2015 – $118,500. Two other items remain unchanged from this year: all covered wages are still subject to the 1.45% Medicare tax, and...
In a major decision on August 27th, the National Labor Relations Board (NLRB) expanded the joint employer definition by ruling that companies may be considered joint employers with their contractors and franchisees. The Board’s decision pertained to Browning-Ferris...
The National Labor Relations Board (NLRB) Joint Employer decision was handed down last week, ruling that companies may be considered joint-employers with their contractors and franchisees. The ruling will increase the potential responsibility of certain companies, as...
Q: We employ a part-time worker who also does occasional contract work for us. Can a worker be both an employee and an independent contractor? A: Typically a worker cannot be both an employee and an independent contractor for the same company. An employer can...
GTM’s Payroll Solutions for New Businesses Keep You Compliant with Federal & State Tax and Labor Laws Starting a new business? Moving from DBA to a corporation? Both of these are tough enough without worrying about compliance with tax and labor laws. That’s...
The Social Security Administration (SSA) has released its W-2 electronic filing specifications for the 2015 tax year. Specifications for Filing Form W-2 Electronically: Submitting Annual W-2 Copy A Information to the Social Security Administration (SSA Pub. No....