Finance could be seeing some changes when filing the next EEO-1 pay data report, thanks to new recommendations from a study by the National Academies of Sciences, Engineering, and Medicine. The academies studied the EEO-1 report to see if the…
Payroll
With several states recently passing legislation restricting access to abortion services, some of your peers have been mulling over paying for medical care travel expenses that employees and their dependents incur because the services they seek are unavailable in their…
The old adage is true: There’s no such thing as a free lunch – and you also can’t use that lunch as payment for employees, even if it’s on a volunteer basis. One location of a popular fast-food franchise learned…
Your Finance team, particularly staffers from other departments that have been assigned Payroll tasks, may still be adjusting to Tax Cuts and Jobs Act changes that went into effect in 2020. For instance, there are now six worksheets that take…
IRS is once again reminding companies to be on the lookout for tax identity theft schemes as part of its annual Security Summit. Correcting business identity theft can be a long, expensive process. So it’s key to take a preventive…
Alert Payroll: The Social Security Administration's (SSA) E-Verify mismatch resolution schedule is back to normal as of July 15, 2022. Because of COVID-19 disruptions and lockdowns, SSA adopted some flexibility by allowing more time for workers to take action to…
Employee misclassification can lead to legal issues for firms of all types and sizes. Even popular TV productions aren’t immune – as one new case demonstrates. A contestant on Netflix’s hit reality show Love is Blind has brought a class…
Are you making sure you and Payroll are accounting for all the time your people spend working, especially for your remote workers? You may think you know how many hours employees are working each day in the office and at…
Many employers welcome a fresh-faced crop of interns each summer, and often, they’re unpaid interns. A recent court case illustrates why you and your Payroll team should be careful when dealing with interns this summer and beyond. What courts say…
IRS needs to make some significant improvements if it wants to boost businesses’ rates of e-filing. That’s according to the latest annual report from the Electronic Tax Administration Advisory Committee (ETAAC). Each year, ETACC makes recommendations to the Service for…
It might not just be IRS that comes knocking if you slack off on your payroll tax withholding. A recent court case indicates the U.S. Equal Employment Opportunity Commission (EEOC) can also come after employers for failing to pay their…
It’s common for managers to give employees small gifts as incentives and rewards for a job well done – or as part of an employee appreciation or holiday celebration. But these gifts count as taxable fringe benefits in many cases.…
