If you have just now succeeded in forgetting the debacle that was 1095-C and 1094-C reporting for 2015, it’s time to reawaken all that you hoped was in the past and start preparing for 2016 reporting during January , February, and/or March 2017. 2,471 more words
Tags » Payroll
Don’t let penalties for underpaid taxes increase your tax bill next April. Check the total you’ve paid in 2016 through withholding and/or estimated taxes. If you’ve underpaid, consider adjusting your withholding for the final months of the year or increasing your remaining quarterly estimate. 31 more words
Can Employees Be Paid Salary to Avoid Paying Overtime?
This is a common question employers have – and not understanding the rules regarding exempt and non-exempt status, established by the federal Fair Labor Standards Act (FLSA), can land employers in hot water if employees are misclassified. 737 more words
On October 18, 2016 the Social Security Administration (SSA) announced that the maximum amount of wages subject to the Social Security payroll tax will increase in 2017 by $8,700 to $127,200. 214 more words