by Bridgette Martin | Jan 3, 2025 | Employees, Payroll, Taxes
That time of year has arrived: It’s time to file W2s for all employees. But what is a W2 and what are the filing requirements? Every year, employees anxiously await their year-end tax form from employers to participate in the annual tradition of filing taxes. As soon...
by Bridgette Martin | Oct 5, 2024 | Payroll
Election Day is fast approaching; do you have to give employees paid time off to vote?Like most labor laws, it is all dependent upon the state your employee works in. And according to the United States Election Project, a whopping 37% of the population lives in a...
by Tomie Kottwitz | Sep 6, 2024 | Bookkeeping, Business Operations, Labor
The U.S. Department of Labor recently finalized a ruling regarding salary requirements for exempt employees. This ruling has changed the minimum salary amount beginning on July 1, 2024, to $844 a week ($43,888 annually). Another increase will occur on January 1,...
by Bridgette Martin | Aug 2, 2024 | Labor
Thinking about “paying under the table” for labor and services? Is it beneficial to pay a contractor, vendor, or employee “off the books?” Also known as “paying under the table,” unreported compensation to an employee or contractor may seem like the easy way to go,...