NYS Prevailing Wage Compliance
What is the Prevailing Wage Law in New York? Prevailing wage is the pay rate set by law for work on public work projects. Under New York State Labor Law, prevailing wage compliance occurs when all workers under a public work contract are paid the prevailing rate of...
Here is the Update to the Employee Payroll Tax Deferral
Last August, the U.S. Department of Treasury was ordered to defer collecting certain payroll taxes from wages earned between Sept. 1 and Dec. 31, 2020. The Internal Revenue Service (IRS) issued Notice 2020-65 to provide employee payroll tax deferral guidance for...
What is the Employee Payroll Tax Deferral?
On Aug. 8, 2020, President Donald Trump ordered the U.S. Department of Treasury (the Department) to defer collecting certain payroll taxes from wages earned between Sept. 1 and Dec. 31, 2020. On Aug. 28, 2020, the Internal Revenue Service (IRS) issued Notice 2020-65...

