Many don’t understand withholding or the form Payroll pros have heard a lot about the recently revamped W-4 by now. But most of your employees aren’t in the same boat. In fact, the form might not even cross their minds. A new survey from the American Institute of CPAs (AICPA) confirms what you may already [...]
Opinion letter discusses scenarios when time is paid Knowing when you have to pay nonexempt workers for travel time can be confusing. The Department of Labor (DOL) has shed some light on that issue in a recent opinion letter. The letter asks whether nonexempt construction foremen and laborers have to be paid for the time [...]
IRS announces 2021 standard mileage rates The IRS has just released the new standard mileage rates for 2021, and for the second year in a row, the standard rate for business travelers is lower than last year’s rate. Starting January 1, 2021, the standard business mileage rate for employees who are driving cars vans, panel [...]
