If employees take issue with their compensation, we have encouraging news. A new court ruling on bonuses shows the legal burden to prove any missteps may be on employees. That's the upshot of a recent federal appeals court ruling. This…
Payroll
Year-end will look a bit different in Finance this year, thanks to the coronavirus pandemic. And that includes reporting FFCRA leave. The Families First Coronavirus Response Act (FFCRA) granted employees additional leave under a series of circumstances when COVID-19 took…
Mere days before the new payroll tax holiday was set to kick in, IRS finally weighed in. IRS Notice 2020-65 gives employers their marching orders … well, sort of. You’re responsible for collecting – and ultimately paying back – any…
Should an exempt employee jump in and tackle some non-exempt tasks during the coronavirus pandemic, don't worry: Your company won’t be on the hook for overtime. The Department of Labor (DOL) just clarified that in a recently updated Q&A. An…
The Department of Labor (DOL) has issued new guidance for employers on bonuses as they apply to the regular rate of pay. Of course just six months ago the feds issued new regular rate of pay rules for the first…
Did your company pay employees emergency sick or medical leave wages under the Families First Coronavirus Response Act (FFCRA)? You have new guidance for reporting coronavirus leave on W-2s. IRS just issued Notice 2020-54 detailing how employers must report those…
There’s good news for those who missed out on a loan from the Paycheck Protection Program (PPP) the first time around: The program has been extended for eligible businesses, with key updates designed to fix some of the initial kinks…
The Department of Labor (DOL) has ramped up enforcement of various laws, such as the new Families First Coronavirus Response Act (FFCRA). New on the scene: coronarvirus act audits. Several employers have already been tripped up by FFCRA and what…
Your company's payroll process looks different this year thanks to the coronavirus, so naturally so does Payroll's key tax form: the 941. IRS has released a draft of the revised Form 941 because of new coronavirus-related employment tax credits and…
A new Department of Labor (DOL) final rule has eliminated some exceptions to the fluctuating workweek pay method. That gives your company some new flexibility and potentially some new savings. In the past, that overtime compensation option wasn’t available for…
Update 3: The feds recently announced they will delay collecting this job info until March 2021, due to the coronavirus. Note: This only impacts the 2019 EEO-1 reporting requirement, which includes employee demographics from any pay period from October through…
Even in a time of crisis, remind your payroll team that regulators will still check that you’re paying people correctly. That's what one Georgia company found out recently, to the tune of almost $185,000. MLU Services Inc. was doing work…
