The end of 2018 is quickly approaching, so it’s important that everything is in order to ensure there are no surprises when the time comes to file taxes. Year-end tax planning for small businesses isn’t something to put off or ignore. It’s important to look at your...
The Federal minimum wage has been set at $7.25 since 2009, but many states, counties, and cities have passed their own minimum wage laws. Employers must pay non-exempt employees at least minimum wage. If the mandated federal, state or municipal rate differs, the...
Failing to stop payroll errors frustrates your personnel, creates hassles for your HR team, and can cost you significantly in unnecessary over-payment or penalties for compliance violations. In the past five years, business owners paid more than 1.2 billion in back...
Q: What is the standard for how to pay employees after a natural disaster? A: When the company closes due to inclement weather, non-exempt employees (those who are entitled to overtime) need to be paid only for actual hours worked. For non-exempt employees, the...
Employers are not required by federal law to give a former employee his or her final paycheck immediately. Also, an employer is not required to pay an exempt employee his or her full salary in the terminal week of employment. Some states, however, may require...