Employment Law


Small Businesses: Encourage Workers to Do a Paycheck Checkup
 

Small Businesses: Encourage Workers to Do a Paycheck Checkup

Posted: May 10, 2019
The IRS reminds small businesses that recent tax reform legislation lowered the backup withholding tax rate to 24 percent and the withholding rate that usually applies to bonuses and other supplemental wages to 22 percent. The agency also urges employers to encourage their employees to check their withholding using the IRS Withholding Calculator.

Get Ready for Changes to Federal Overtime Rules
 

Get Ready for Changes to Federal Overtime Rules

Posted: May 3, 2019
Businesses should start reviewing their worker pay schedules and exemption classifications now because big changes are expected in early 2020 to the federal rules governing which employees are exempt from overtime.