We realize this is Payroll 101, but you'd be surprised by how many companies run afoul of this basic rule: Just because an employee receives a salary doesn’t mean he or she isn’t entitled to overtime payments.   (more…)
Payroll
Employee complaints -- i.e., "whistleblowing" -- about a company's ACA compliance are a top reason firms get audited for healthcare compliance in the first place. And now that the feds have released the final rule on the topic, Finance pros…
Here’s a compelling reason to review your ACA compliance efforts ASAP: If your firm slips up on any of the details, it could cost you big-time.  (more…)
There’s a chance a federal judge may put a stop to the Obama administration’s new OT rules after all.  (more…)
The efforts to push back the deadline for the new OT rules gained some more momentum as Congress moved to enact a new law to extend the effective date to early next summer.  (more…)
Employers are well aware of the steep fines and penalties the DOL can impose for misclassifying workers. Â (more…)
It isn’t always easy for workers to pinpoint the exact moment their workday begins or ends. Most ease into the job with a variety of tasks or routines.   (more…)
There are many steps employers can take to shield themselves from the upcoming wave of IRS Obamacare audits, but they can’t control what their peers and competitors are doing.  (more…)
IRS is making year-end a little easier to prep for this time around. Final 1099 instructions are already out. Â (more…)
Those new OT rules you’ve been scrambling to prepare for? They’re being challenged in court.  (more…)
Heads up: There's new legislation pending that could have a substantial effect on your employee salary structure. Â (more…)
To comply with the new OT regs, you may be considering converting salaried staffers to hourly employees. Â (more…)
