Payroll Briefs

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District Court Upholds DOL’s Dual Jobs Final Rule on Tip Credit

In July 2023, a U.S. district court ruled the U.S. Department of Labor’s (DOL) dual jobs final rule under the Fair Labor Standards Act (FLSA) as valid. Several restaurant industry groups filed a lawsuit to halt the rule, but a Texas federal court issued an order rejecting the challenge. Although the industry groups plan to […]

New Form I-9 and Alternative Verification Procedure Announced by USCIS

The U.S. Citizenship and Immigration Services (USCIS) announced an updated version of Form I-9 to verify the identity and employment authorization of employees. This updated form is available for use on the USCIS website starting Aug. 1, 2023, and must be used by all employers starting Nov. 1, 2023. There will also be an alternative procedure to the in-person […]

How to Avoid Payroll Tax Penalties

When thinking about the tax obligations of your organization, the focus is normally on federal and state income taxes. But collecting, reporting and remitting payroll taxes in accordance with federal, state and local laws are equally important. The rules that come with payroll tax payments can be complex and the penalties for not meeting the […]

8 Ways to Keep Your Payroll Data Protected from Cyber Threats

Payroll security procedures are essential for safeguarding sensitive employee information, avoiding fraud and regulatory violations. Payroll data contains private information that should only be accessible by authorized individuals, such as employee names, social security numbers, tax information, bank account numbers and other private data. Yet, putting reliable payroll department security measures into place can take […]

Championing the Advantages of an HSA to Employees

There are many advantages to both your business and employees by offering a Health Savings Account (HSA) solution as part of your overall benefits package. With inflation leading the headlines over the last few months, most business owners are keeping a close eye on costs. Although it can be difficult to control the costs of […]

Addressing Pay Equity at Your Company

Increased social awareness and workplace transparency have made pay equity more than just a standard compliance issue for many companies today. Business leaders are under increased pressure to fully understand and thoroughly respond to the issue of pay equity. Neither of those two broad challenges is a straightforward task.   To start, fully understanding what pay […]

Date to Physically Check Form I-9 Documents Extended to August 30

The U.S. Department of Homeland Security (DHS) and U.S. Immigration and Customs Enforcement (ICE) announced employers will have until Aug. 30, 2023, to come into compliance with Form I-9 requirements. This comes after the end of the flexibilities provided during the COVID-19 pandemic, which officially end on July 31, 2023.   History  In March 2020, ICE […]

IRS Releases 2024 Contribution Limits for Health Savings Accounts

The Internal Revenue Service (IRS) announced the largest increase in recent years to the amount individuals can set aside in a health-savings account (HSA) each year. The new limits are a significant jump, but they are not particularly surprising in the context of months and months of rising inflation, which has contributed to growing costs […]

On-Demand Pay Makes 2024 Greenbook

The United States Department of the Treasury released its “General Explanations of the Administrations Fiscal Year 2024 Revenue Proposals,” also known as the Greenbook. This year’s Greenbook includes specific provisions related to on-demand pay that may impact your business’s payroll and related tax treatment, if passed.  What is On-Demand Pay?  On-demand pay, otherwise known as […]

Finding the Best Payroll Provider for Your Business

Outsourcing payroll comes with clear advantages, all of which contribute to the overall efficiency of a business. However, it’s important to partner with the correct payroll provider to ensure your business’s unique needs are met. The right payroll provider can save you time, money and stress with your payroll processing. Below are five reasons it […]