Taxes and Regulations Articles

Cleveland fire department burned by payroll scandal

Part of the task of running a responsible and organized business or agency is keeping payroll records clear and up-to-date - a lesson the Cleveland Fire Department learned the hard way.

Businesses should take optimistic economic indicators with a grain of salt, NY Fed says

While Congress finally came to an agreement on the much debated payroll tax, officials are cautioning businesses that the economy isn't at full speed yet.

Employers can position themselves as financial information resources for workers

The protracted payroll tax debate finally came to an end in Congress - at least for now.

Possible payroll tax cut agreement reached

A deal proposed late Tuesday could be the end of long-winded payroll tax cut negotiations.

Payroll package committee makes slow progress

With the deadline approaching, negotiations over a package that would extend the 2 percent payroll tax cut and other provisions through the rest of the year are reaching a critical point.

District court rules in employee payroll records case

A district court judge recently ordered the state of Montana to turn over payroll records requested by the Montana Policy Institute after a lengthy battle that began in August 2010.

Lawmakers hope to tag carried interest tax increases on to payroll tax bill

As lawmakers work to extend the payroll tax past its February 29 deadline, they continue to run up against the hurdle of compensating for lost revenues.

Obama calls for 'no drama' in extending payroll tax cut

United States President Barack Obama said preventing a 2 percent payroll tax hike that would affect 160 million working Americans is the country's "most immediate priority" in his recent State of the Union address.

Explaining the provisions of the FMLA

The Family and Medical Leave Act (FMLA) entitles eligible workers to take unpaid leave for family or medical reasons without the risk of being permanently taken off the company's payroll.

Less barriers for 2012 payroll holiday extension

Legislation that would extend the Social Security tax cut for 160 million Americans through the end of 2012 is likely to pass without an extended period of debate - unlike the two-month extension granted at the eleventh hour last year.

Judge favors union in ongoing debate over trooper numbers

A Superior Court Judge recently sided with the Connecticut police union in an ongoing payroll debate, according to The News-Times.

Outlook still uncertain for US payroll tax

After a long struggle, members of Congress finally agreed on a two-month extension of the current payroll tax extension just eight days before the existing legislation was set to expire.

Minimum wage declines 20 percent since 1967

The economic crisis precipitated a jump in unemployment rates and a contraction in consumer lending.

Temporary payroll tax cut extension passes, but long-term outlook remains uncertain

After weeks of deadlock, Congress finally agreed to a two-month payroll tax cut extension just eight days before it was set to expire at the end of the year.

Benefits administration - what's mandatory and what's optional

Those in a company's benefits administration department should be aware of which employee allowances are required by law and which are optional.

San Francisco's minimum wage to be highest in the nation

Payroll services in one California city will soon be pushed to the brink. The minimum hourly wage in San Francisco will reach $10.24 starting January 1, 2012, which is significantly higher than the $7.25 federal minimum wage and the state's $8 minimum.

Senate defeats Republican payroll tax extension proposal

The Senate recently turned down a $120 billion proposal that would have placed an extra surtax on millionaires to fund an extension of the payroll tax holiday, The Associated Press reports.

Gauging the effects of a payroll tax holiday expiration

Pending further legislative changes, the current payroll tax holiday is set to expire at the end of the year.

Democrats, Republicans clash over proposed payroll tax cut

Under President Barack Obama's payroll tax cut plan, every worker in the country will have their Social Security payroll tax halved in 2012 from 6.2 percent to 3.1 percent.

Obama addresses congressional opposition to American Jobs Act

At a recent news conference, President Barack Obama addressed Republicans' opposition to his $447 billion jobs package.

New Jersey governor announces 2012 payroll tax cut

New Jersey Governor Chris Christie recently announced a payroll tax reduction that will provide savings of $87 per New Jersey worker next year.

Controversial California bill would ban payroll cards

California Governor Jerry Brown recently vetoed Senate Bill 931, which would have banned employers from giving workers the option of having their wages loaded onto a debit-style payroll card.

Michigan lawmakers to vote on union dues collection requirements at schools

Earlier this month, Michigan state senators Arlan Meekhof and Joe Haveman proposed payroll legislation that would prevent public school resources from being used to collect union dues.

California Governor signs payroll bill to preserve entertainment industry jobs

California Governor Jerry Brown recently ratified legislation to let production companies hire payroll companies.

Social Security and payroll tax

According to a recently released Congressional Budget Office report, a permanent payroll tax increase of 1.6 percent would need to go into effect immediately in order to maintain the solvency of the Social Security system for the next 75 years.

Texas company settles overtime, minimum wage violations

Texas-based Hill Country Farms recently agreed to a settlement after being ordered to pay $1.76 million in overtime back wages and damages for repeatedly violating requirements set by the Fair Labor Standards Act, according to The Associated Press.

California clarifies overtime law pertaining to out-of-state workers

The California Supreme Court recently ruled that out-of-state employees on the payroll of California-based companies are protected by the state's overtime laws during business trips to the Golden State.

Legislators object to temporary payroll tax cut proposition

House Budget Committee Chairman and Wisconsin Representative Paul Ryan recently denounced a temporary employer payroll cut that is being considered by the Obama administration as "sugar-high economics," according to The Hill.

Payroll pension deductions set to increase for Alabama public employees

Under recent legislation passed by the Alabama Senate, state agency employees and those who work at schools, colleges and universities would contribute an additional 2.5 percent of their paychecks toward retirement coverage, the Birmingham News reports.

California to address pension spiking loopholes

The practice of pension spiking was highlighted by the recent revelation that former Upland, California, city manager Robb Quincey made $460,000 last year.

Missouri Mental Health Department overhauls overtime policies

In response to high overtime payments identified in a 2009 payroll audit by then-Missouri State Auditor Susan Montee, the Missouri Department of Mental Health recently reviewed its overtime procedures.

Proposed payroll deductions unpopular with federal workers

A budget-trimming proposal to increase federal workers' payroll deductions in order to contribute to the federal pension fund may spur employees to leave the federal service, according to the Washington Post.

Payroll legislation can get complicated

With payroll legislation in the news recently, the American Payroll Association has identified baffling payroll laws from 10 different states.

San Francisco to revise payroll tax, keep tech startups in city

In an effort to keep startup technology companies from leaving San Francisco, city supervisor Mark Farrell is drafting significant changes to the current payroll tax in order to keep employee stock options from being taxed by 1.5 percent when cashed out.

Payroll tax could make San Francisco businesses reconsider their locations

In February, San Francisco lawmakers introduced a bill that would create a payroll tax exemption zone in two areas of the city.

Michigan city faces payroll crunch

City officials in Flint, Michigan, have notified lawmakers that the city has only enough cash on hand to meet payroll through mid-April, WJRT-TV reports.

Wisconsin union battle could lead to large layoffs

It appears the battle in Wisconsin is not over despite the recently passed bill restricting collective bargaining rights to unions.

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