New York Corporate Tax Reform

New York Corporate Tax Reform

New FAQ page addresses questions about New York corporate tax reform Comprehensive corporate tax reform for New York State was enacted earlier this year, mostly effective for tax years beginning January 1, 2015. The legislated changes include a new nexus standard,...
Medicare Surtax for High-Income Employees

Medicare Surtax for High-Income Employees

Since the beginning of last year, employers have been required to withhold an additional nine-tenths of a percent for the Medicare surtax for high-income employees. The rules are somewhat complicated, so the IRS recently updated its frequently-asked questions on how...

Time Clock Rules: Exempt & Salaried Employees

What are the time clock rules with respect to salaried, exempt employees clocking in and out? Whether you require exempt employees to use a time clock is a matter of preference. There is no requirement to track the hours of exempt employees. However, the US Department...

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