Payroll Depts. Take Note: Labor Law Enforcement in Full Swing

Payroll professionals know the current trend of the current administration leans towards more labor law enforcement and a desire to close the "tax gap" (payroll taxes that the government thinks should be paid that are not). To that end, the Labor Department's Wage and Hour Division has launched enforcement initiatives throughout the country to combat wage violations. [...]

By | May 31st, 2011|News|Comments Off on Payroll Depts. Take Note: Labor Law Enforcement in Full Swing

The HIRE Act: Part II

Payroll and HR administrators need to take note and remember "part II" of the HIRE Act.  As you recall, last spring Congress passed the HIRE Act to encourage businesses to bring on more employees. The Act went into effect March 18, 2010. It basically had two parts.   "Part I" allowed business to take an exemption [...]

By | May 24th, 2011|News|Comments Off on The HIRE Act: Part II

Congress Continues to Work on Bills That Will Affect All Employers

Congress is hard at work proposing bills that will affect many employers and how employees are paid. Here is some of the legislation in the works: -- The Payroll Fraud Prevention Act would amend the Fair Labor Standards Act (FLSA) to penalize all employers who misclassify individuals as independent contractors  instead of employees. Employers would have [...]

By | May 17th, 2011|News|Comments Off on Congress Continues to Work on Bills That Will Affect All Employers

Recent Tornados Can Allow for Tax Filing Relief

Last week NE Tennessee was hit by some powerful storms that caused extensive damage to both personal and business property.  The President has declared four Tennessee counties to be federal disaster areas: Bradley, Hamilton, Washington and Greene.  Two of those counties are in our region.  Our thoughts and prayers are with those who lost family [...]

By | May 5th, 2011|News|Comments Off on Recent Tornados Can Allow for Tax Filing Relief