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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

Department of Labor applies a “ primary beneficiary test ” to determine if an intern for a “for-profit” employer is an employee for Fair Labor Standards Act (FLSA) purposes. Under the Act, all non-retail, non-food service, or non-car rental employees must be paid at least $13.50 Prior to that there were six factors.

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What is state tax apportionment and how do you calculate it?

ThomsonReuters

Each state gets to decide what matters most — your payroll, property, or sales — and in what ratio to account for them. tax differ in that allocation covers non-business income, while apportionment covers business income. This can make calculating state income tax complex, particularly if you do business in multiple states.

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Heads Up! Payroll Changes Coming in July

ThomsonReuters

New Mexico. Beginning July 1, new forms will be used to report withholding tax. Form TRD-41409, Non-Wage Withholding Tax Return, will be used to report withholding from non-wage payments. per hour; (3) non-urban counties: $12.00 On July 1, the minimum wage increases to $9.00 per hour. . Pennsylvania.

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Last Week in Payroll: The List and Legality of Employee Vaccination Requirements

ThomsonReuters

In the Order, an entity is described as any private business, establishment, corporation, non-profit corporation, or organization. New Mexico. The post Last Week in Payroll: The List and Legality of Employee Vaccination Requirements appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

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