New W4 Available for 2020
What Happened? Since the introduction of the Tax Cuts and Jobs Act, employees have struggled to accurately estimate the amount of federal income tax that is needed to be withheld from their paycheck. This inaccuracy [...]
Control Labor Costs With the Fluctuating Workweek Method
Are Your Employees Now Eligible for Overtime? With the new overtime rule going into effect in 2020, employers are looking for ways to keep labor costs low, while remaining compliant with Department of Labor regulations. [...]
New Overtime Rule for 2020
What Happened? On September 24th, 2019, the Department of Labor released the new overtime rule that will go into effect on January 1, 2020. Under the new rule, minimum salary requirements for White Collar Exemptions [...]
National Payroll Week
Celebrate National Payroll Week with Time & Pay! Time & Pay is pleased to announce the celebration of National Payroll Week, coinciding with week of Labor Day! Time & Pay would like to thank and [...]
Can You Trust Your Payroll Provider? Why the IOI Lawsuit Has Businesses on Edge
What Happened? KeyBank recently filed a lawsuit against Interlogic Outsourcing, Inc., accusing the company and its owner and CEO, Najeeb Khan of "willfull breaches of fraudulent conduct." The accusations stem from a $122 Million wire [...]
Employee or Independent Contractor: The Consequences of Misclassification
Independent Contractor or Employee? When classifying a worker as an independent contractor or employee, employers should consider the following factors: Does the company have the right to control what and how the worker does the [...]