Federal withholding tables are reference charts published by the Internal Revenue Service (IRS) in Publication 15-T, Federal Income Tax Withholding Methods. You use these tables to calculate how much federal income tax to deduct from an employee’s gross pay during each payroll run. The U.S. tax code taxes income progressively across annual brackets, but you…
Federal Withholding Tax Tables: A Complete Guide Read More »
Paycards are employee debit cards that employers load with wages instead of issuing a paper check or setting up direct deposit. For employees who don’t have a bank account, a paycard works a lot like direct deposit: money lands on the card each payday, and you can spend it directly or withdraw cash at an
Paycard laws: Federal and all 50 states Read More »
Americans have patiently waited for a decision on whether to expect a second stimulus check. And wait they will. It seems a second check isn’t part of the plan. But first, let’s take a look at the pending government shutdown that’s looming. A plan is currently in the works to prevent a shutdown at the
Is the Plug Being Pulled on a 2nd Stimulus Check? Read More »
The RESTART Act is a proposal that extends and broadens the Paycheck Protection Program (PPP) and it’s likely you never heard of it! It’s been gaining momentum in Congress and could be part of the next stimulus package. Here’s what small business owners need to know. Closer Look: The RESTART Act This act was proposed
The RESTART Act: The Small Business Relief Proposal — You Never Heard Of! Read More »
There’s absolutely nothing to like about a government shutdown but in recent years (and in the last few administrations), we’ve unfortunately seen them occur. But aside from the public loss of a wide range of services, and federal jobs, many don’t realize how it impacts small business. So, here’s a breakdown of how small business
How a Government Shutdown Affects Small Business Read More »
The American legal system provides that all citizens who are eligible for jury service must serve if called upon. Every prospective juror is duty-bound to report for service, regardless of how inconvenient or disruptive the timing is for work. Many employers have a policy of continuing to pay their employees during jury service, but it is not a
Do You Have to Pay Employees for Jury Duty? Read More »
As a business owner, it can be tricky figuring out which business records to keep and which ones you can throw away. You want to retain records as long as legally mandated, but figuring out what’s required of you can be confusing. In order to provide a general framework for what you’re expected to retain and for how long,
How Long You Should Keep Business Records For Read More »
On Monday, March 6th, the Senate voted to eliminate a safety rule issued by the U.S. Department of Labor in August. The rule, developed under the Obama administration, would require federal contractors to disclose and correct serious safety violations made over the previous three years when bidding for new contracts. During the vote, Republicans scored
Senate Eliminates Rule Requiring Federal Contractors to Disclose Safety Violations Read More »
When it comes to holiday time off, it seems like the rumor mill never stops spinning. Depending on who you ask, you’ll get different intel. “For federal holidays we get time off,” one colleague might say. “But do we get paid?” another asks. That same source might reply “Yes and I think it’s overtime.” But what’s the
Do I Have to Pay Employees for Holidays? Read More »
On Labor Day, 2015 President Barack Obama signed a new executive order requiring federal government contractors and subcontractors to provide their employees with the ability to earn up to 56 hours of paid leave annually. The new order, which will be enforced starting 2017, is expected to give an estimated 300,000 working Americans access to paid
Preparing for the New Executive Order Ordering Paid Sick Leave to Federal Contractors Read More »
Item Added!
Qty
