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Payroll trends to watch in 2022 (Part 1)

ThomsonReuters

Part 1 of this blogpost explains how prevalent payroll is in our daily lives with a focus on key issues in 2022, including worker classification, COVID-19 vaccine mandates, and wage and hour. Read part 2 for more 2022 payroll trends. Worker classification is a big issue for businesses. There may be more changes in 2022. Supreme Court.

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Monday Morning Accounting News Brief: EY Brings in a Crisis Expert; CEOs Deprioritize Talent in Deloitte Survey | 7.24.23

Going Concern

Gold led Herbert Smith, one of the UK’s top law firms, from 2005 to 2010 and has subsequently built a new business advising large companies facing high-profile problems with ethics, governance and corruption. Steven Wasserman wants everyone to know that the accountant shortage isn’t limited solely to accounting firms.

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Last Week in Payroll: Choose to Challenge

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Perkins chose to challenge and made changes in many ways for women but also for the payroll professional. Minimum wage and overtime laws, unemployment and Social Security are but some of her contributions that almost every payroll professional is familiar with. She was also honored with a postage stamp that year. Federal News.

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ARPA Close-up: COBRA Premium Subsidy

ThomsonReuters

Employers were reimbursed with a payroll tax credit or a refund if the cost exceeded their tax liability. The federal government will be funding continuing coverage with employers claiming the reimbursement as a payroll tax credit, much like under ARRA, through Form 941. in February. in February. What’s on the horizon?

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Think Tank Analysis Finds Current Federal Minimum Wage Rate at Lowest Value in 66 Years

ThomsonReuters

per hour effective July 24, 2009 (see Payroll Guide ¶18,200 ). See Payroll Guide ¶19,010 for a list of the current state minimum wage rates and further wage and hour information. Recently, Hawaii lawmakers elected to raise their state’s minimum wage to $18 by 2028. Interested in payroll topics? Exceptions. per hour.

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Employer Vaccine Mandates, Worker Refusals, and Unemployment Benefits

ThomsonReuters

The question arises whether a worker who refuses an employer’s vaccine mandate is eligible to collect unemployment benefits, and if so, are employer unemployment accounts impacted by those claims. Meanwhile, employers across the nation, who are not prohibited by a state law, may impose their own vaccination policy. California.