518-373-4111
Tax Rules for Personal Use of a Company Vehicle
Free use of a company car is one of the best perks an employee may be entitled to as part of a compensation package. But the benefit to the employee isn’t completely “free” under current tax law. Essentially, personal use of a company car is treated as a taxable...
New York Overtime Exemption Rule May Still Take Effect
UPDATE: The New York Department of Labor published this final rule on December 28, 2016, officially increasing the salary threshold applicable to exempt executive and administrative employees in New York State. While most employers know about the preliminary...
New FLSA Overtime Rules on Hold
On Tuesday afternoon, a federal judge for the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction on the Department of Labor’s new overtime rules, which were slated to go into effect in just over a week on December 1, 2016....
Upcoming Minimum Wage Increases in New York
Many employers are doing their 2017 budget planning now, and something many businesses will need to take into account are the upcoming minimum wage increases in New York which take effect on December 31 of this year. New York’s minimum wage schedule is segmented...
