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Last Week in PAYROLL

ThomsonReuters

Hello payroll professionals and welcome to the first edition of Last Week in PAYROLL. national wage rate – Florida even recently voted on a gradual $15.00 Monday we observe President’s Day, and our 46 th President has been making headlines of late with his $1.9 The current national minimum wage is $7.25 The Teleworking Issue.

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Employer Payroll Tax Obligations When Employees Work Out-Of-State

Anders CPA

This changing employment landscape requires employers to reassess their payroll tax withholding processes to ensure you are withholding the proper amount of state, local and unemployment taxes from your employees’ wages. Below we dive into the state and unemployment tax responsibilities employers need to know.

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ERC IRS Audit Representation: Your Comprehensive FAQ Guide

MyIRSRelief

During an ERC audit, the IRS reviews the business’s records, including payroll records, tax returns, and supporting documentation related to ERC claims. They can help implement internal controls, review payroll processes, and provide guidance to minimize the risk of errors or discrepancies in future ERC claims.

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The Benefits of Delayed Business Filings

CPA Practice

She is the CEO of CorpNet , the most innovative way to start a business, register for payroll taxes, and maintain business compliance across the United States. Generally, a company can choose a “future effective date” 30 to 90 days out. Nellie Akalp is a passionate entrepreneur, recognized business expert, and mother of four.

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US Jobless Claims Fall To 1.2M

PYMNTS

States with the largest increases in claims for the week ending July 25 were in Virginia (5,020), Nevada (2,842), Missouri (2,606), Indiana (2,218) and New Jersey (2,141), while the biggest decreases were in California (44,941), Georgia (37,329), Florida (17,514), Louisiana (13,568) and Texas (11,104). percent, down from 11.1

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2022 Minimum Wage and Overtime Salary Threshold Increases

ThomsonReuters

A new year brings minimum wage increases in 21 states while Connecticut and Florida will increase their minimum wage rates later in the year. It is crucial that payroll professionals familiarize themselves with minimum wage rates for garnishment calculations in 2022. . per hour; $7.62 per hour (bartenders) . per hour; $8.27

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Employer Vaccine Mandates, Worker Refusals, and Unemployment Benefits

ThomsonReuters

The Florida Department of Economic Opportunity has told Thomson Reuters that individuals who are fired based on their COVID-19 vaccination status are not being denied Reemployment Assistance benefits. The state is currently floating three pieces of proposed legislation related to employer vaccine mandates and unemployment benefits. .