About Leslie Costigan

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So far Leslie Costigan has created 29 blog entries.

Higher taxable wage base, other big 2017 changes

This year-end will be one of the most hectic The Social Security taxable wage base is about to make one of its biggest jumps – ever. Add to that the many other changes already piled on for this year-end, and you wonder how you’re going to keep your head above water. Here’s the latest: The [...]

Year-end alert: Your checklist for now to the finish line

Changes include earlier deadline for W-2, Copy A This year-end, you have more to do and less time to do it in. As you review this checklist of key Payroll deadlines, take note of which ones are new and which ones will hit you earlier than ever before: As of Dec. 1 2016, your company [...]

November 22nd, 2016|Uncategorized|

2017 Form 941: IRS planning to add new lines

  When the IRS releases Form 941 for 2017, you’ll notice a couple extra lines. That’s because the IRS is creating a new tax credit for 2017 – and the agency recently released a new draft of the form. The new credit is set to go on Line 11 as “Qualified small business payroll tax [...]

November 22nd, 2016|Uncategorized|

Employees should have been paid OT

Employees who worked at multiple job sites should have been paid OT Hours would have added up to over 40 in a workweek For the purposes of calculating overtime, the Dept. of Labor doesn’t care where employees work – just who they’re working for. And that can lead to a lot of confusion for multisite [...]

November 22nd, 2016|Uncategorized|

DOL Releases New FLSA Overtime Regulations

The Department of Labor (DOL) released its final regulations making drastic changes to overtime exemptions under the Fair Labor Standards Act (FLSA).  These changes will present considerable challenges to any employer that has employees they pay as Salary. Here are some key elements of the new regulation that you need to know now: 1. Salary [...]

November 22nd, 2016|Uncategorized|

Current I-9 has March expiration date, changes coming

The comment period recently closed on proposed changes to Form I-9.  The revised version is expected to be a "smart" form, meaning employers could complete the I-9 electronically, taking advantage of drop-down lists and onscreen instructions. Even though the form could be completed on a computer, it would still be printed, and the hard copy [...]

October 20th, 2016|Form I-9|

What the OT regs will include, when they’re now expected

The pressure's on for final rule from the DOL Be on the lookout:  The revised overtime regs may be finalized by May 16, 2016.  Otherwise, they risk being overturned in 2017 when there's a new President and new Congress, the Congressional Research Service said in a recent reports. Agency rules issued toward the end of [...]

October 20th, 2016|Overtime|

Consumer Alert: Scammers Change Tactics, Once Again

WASHINGTON — Aggressive and threatening phone calls by criminals impersonating IRS agents remain a major threat to taxpayers, but now the IRS is receiving new reports of scammers calling under the guise of verifying tax return information over the phone. The latest variation being seen in the last few weeks tries to play off the [...]

October 20th, 2016|Scammers|

Is checking email after hours time worked? Court decides

A common practice can cause payroll headaches Any day now, the Dept. of Labor is expected to publish a Request for Information on using electronic devices outside of scheduled work hours.  In the meantime, a federal court has weighed in on the issue. The court said an employer didn't have to pay overtime to employees [...]

October 20th, 2016|Checking Email, Overtime|

Garnishments: The cost of incorrectly calculating disposable earnings

Employer deducted wrong amounts from wages Calculating disposable earnings can be a real headache.  But mistakes can lead you to deduct too much or too little from employees' wages. Take, for instance, the Southwest Center for the Developmentally Disabled Inc. of Louisville KY. The Dept. of Labor (DOL) discovered the nonprofit failed to properly calculate [...]

October 20th, 2016|Garnishments|