Category: Payroll

ERISA

ERISA is  Employee Retirement Income Security Act of 1974. ERISA is a federal law that sets minimum standards for pension plans in private industry.  For example, if an employer maintains a pension plan, ERISA...

Extended Payroll Tax Cut

The Temporary Payroll Tax Cut Continuation Act of 2011 temporarily extends the two percentage point payroll tax cut for employees, continuing the reduction of their Social Security tax withholding rate from 6.2 percent to...

Federal Unemployment Tax (FUTA)

The Federal Unemployment Tax Act (FUTA), with state unemployment systems, provides for payments of unemployment compensation to workers who have lost their jobs. Most employers pay both a federal and a state unemployment tax....

Form I-9 (Employment Eligibility Verification)

Form I-9 (Employment Eligibility Verification) The purpose of this form is to document that each new employee (both citizen and noncitizen) hired after November 6, 1986, is authorized to work in the United States.

AccuWage Software 2011

AccuWage/AccuW2C is free software from Social Security. AccuWage is for use with Electronic Filing W-2 – EFW2 AccuW2C is for use with Electronic Filing W-2c – EFW2C The software allows you to check W-2...

New York State Minimum Wage (2011)

The minimum wage in New York State is $7.25/Hour, with few exceptions. Employers must post a Minimum Wage Information poster in their place of work. Minimum Wage Poster Farm Minimum Wage Poster Hospitality Industry...

PBGC 2011 news

Final Rule on Treating Bankruptcy Filing Date as Plan Termination Date. On June 14, 2011, PBGC published in the Federal Register a final rule that implements a Pension Protection Act of 2006 change to...