518-373-4111
2015 Standard Mileage Rate
The Internal Revenue Service has issued its 2015 standard mileage rate. Effective January 1st, 2015, the IRS standard rate will be 57.5 cents per mile driven for business purposes (an increase of one-and-a-half cents from the 2014 rate of 56 cents per mile). Use of...
401K Contribution Limits for 2015
According to the IRS, many pension plan limitations will change for 2015 because the increase in cost-of-living met the statutory thresholds that trigger their adjustment. The 401K contribution limits for 2015 that participants can elect to contribute on a tax...
Enforcing Rest Breaks and Meal Periods
Restaurants, coffee shops, hair salons, call centers, and customer-focused offices often have “just enough” staffing on hand at any given time. Limited staffing makes it challenging to relieve an employee for a rest period or meal break. An employee who leaves the...
