Payroll Processing

Labor Dept Publishes New Overtime and Exempt Status Rules

The U.S. Department of Labor has finalized sweeping changes to the Fair Labor Standards Act (FLSA) overtime rules, extending protections to millions U.S. [...]

Do you want a big tax refund or bigger paycheck?

Americans may hate the annual tax-filing season, but they certainly welcome the refunds that are issued each year. In fact, more than half of those who [...]

Top 4 Considerations When Evaluating Payroll’s Role in Your Firm

Is there anything people take more seriously than getting paid accurately and on time? Probably not. That’s why your firm’s approach to payroll is of such [...]

Fiscal cliff: Payroll tax cut may not survive

NEW YORK (CNNMoney) -- For all the uncertainty over how lawmakers will handle the expiring tax cuts under the fiscal cliff, there seems to be growing clarity [...]

Officers Of Nonprofits Face Personal Liabilities For Taxes

“No good deed goes unpunished” is a familiar refrain.  You’ll feel that way if you go on the board of a nonprofit only to end up footing the bill [...]

CEO Personally Liable For Company Payroll Taxes

The Court of Appeals for the Federal Circuit has upheld a trial court holding that the majority owner, CEO, and principal financier of a publishing [...]

Money-hungry states, cities tax trolling

A lot of attention is being paid, and rightly so, to the tax provisions in Obama's first budget. My blogging colleague William Perez examines in his Tax [...]

Fail To Pay Payroll Tax: Go To Jail

Do not pass go, do not collect $200, go directly to jail. When an employer withholds taxes but fails to send this trust fund money to the IRS, the agency gets [...]

Outsourcing Payroll Duties Relieves Workload, But Not Tax Responsibilities

As an employer, you have many obligations to the federal and state taxing authorities. Among these are requirements that you withhold and pay over Social [...]

2011 Employee 2% Payroll Tax Cut Holiday for Social Security and Medicare. Making Work Pay Credit Not Extended

As part of bush-era tax cuts extension legislation (Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010), a number of new tax [...]