518-373-4111
FLSA White Collar Exemptions: Steps to Take Now
The Department of Labor is planning to dramatically raise the minimum salary requirement for employees to qualify as exempt under the “FLSA White Collar Exemptions.” It’s possible this new minimum will be as high as $50,440, which could impact nearly five million...
Tip Pooling Law Impacts Certain States
A three-judge panel of the Ninth Circuit Court of Appeals recently released a 2-1 decision that would essentially outlaw tip pooling arrangements in which tips are required to be shared with employees who do not usually receive them. Such employees would generally...
IRS Form 941 for 2016 Released
The Employer’s Quarterly Federal Tax Return, also known as IRS Form 941 for 2016, has been released. Employers who withhold income taxes, social security tax, or Medicare tax from employees’ paychecks or who must pay the employer’s portion of social...
Rules for Distributing W-2s
It’s usually during this month that employers have some employees asking about when they will receive their W-2s. Here is a brief overview of the rules for distributing W-2s to your employees. Employers must report all wages earned by employees to the Social...
