ThomsonReuters

MARCH 10, 2021

Provides that paid sick and paid family leave credits may each be increased by the employer’s share of Social Security tax (6.2%) and employer’s share of Medicare tax (1.45%) on qualified leave wages. “Applicable employment taxes” are defined as the employer’s share of Medicare or Tier 1 RRTA tax. .

payroll 105

payroll payroll tax Tax Non-Profits 105

ThomsonReuters

JUNE 10, 2021

Summertime Tax Tips. Let’s go over a few summertime tax tips for payroll professionals this season: 1) Interns. Biden Administration issues tax proposals “Green Book.” The flexibilities have to do with the remote inspection of the identity and employment eligibility documents to complete section 2 of Form I-9.

payroll 98

payroll Vermont Tax Connecticut 98

ThomsonReuters

FEBRUARY 10, 2021

The Consolidated Appropriations Act, 2021 (CAA; PL 116-260), contained numerous tax provisions. While many of those provisions impact tax years 2021 and later, some affect 2020 returns. Here’s a rundown of what you need to know about the CAA as you prepare 2020 business and individual tax returns. Individual Returns.

Tax 98

Tax tax return payroll Education 98

ThomsonReuters

JULY 26, 2022

On July 14, 2022, a nonpartisan, nonprofit think tank provided recent analysis of the Consumer Price Index (CPI) that shows the federal minimum wage rate of $7.25 per hour effective July 24, 2009 (see Payroll Guide ¶18,200 ). per hour, but employers subject to the FLSA must pay the federal $7.25 FLSA minimum wage rate.

North Dakota 98

North Dakota South Carolina Michigan North Carolina 98

ThomsonReuters

AUGUST 15, 2022

In late-July 2022, the Equal Employment Opportunity Commission’s (EEOC) announced a report from a nonprofit that evaluated the Commission’s required employee pay data collection from certain employers for 2017 and 2018 that was due in 2020. EEOC Commissioner says pay data collection is coming back. EEO-1 Component 2 data.

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Illinois payroll California Government 97