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The Certified Payroll Professional Corner: Penalties

ThomsonReuters

In our last edition of the Certified Payroll Professional (CPP) Corner, we talked about overtime. Supreme Court has agreed to decide whether a supervisor of offshore oil rig workers is entitled to overtime pay under federal law even though he earned more than $200,000 a year [ Helix Energy Solutions Group Inc v. 684 per week.”

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How are C corporations taxed? Tips on how to avoid double taxation and reduce taxes

ThomsonReuters

But what does that mean for your taxes? And what tax benefits and strategies are available to a C corp that aren’t available to an S corp or LLC? In other words, C corps are not taxed as individuals, they are taxed as a business structure that is legally separate from the people who own and operate the business.

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Projections of payroll issues under a Biden presidency

ThomsonReuters

Biden has said that he will support legislation that makes worker misclassification a substantive violation of law under all federal labor, employment and tax law. The revamped ABC test would mean more workers will get the legal protections and benefits they rightfully should receive. Biden is a supporter of a federal $15.00

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Projections of payroll issues under a Biden presidency

ThomsonReuters

Biden has said that he will support legislation that makes worker misclassification a substantive violation of law under all federal labor, employment and tax law. The revamped ABC test would mean more workers will get the legal protections and benefits they rightfully should receive. Biden is a supporter of a federal $15.00

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