Tax Resources for Accountants and Small Businesses (U.S.)
The Fair Labor Standards Act (FLSA) is a cornerstone of U.S. labor law that establishes nationwide rules on minimum wage, overtime pay, recordkeeping, and child labor. It was enacted in 1938 and is administered...
The Fair Labor Standards Act (FLSA) continues to evolve. In 2024–2025, the U.S. Department of Labor (DOL) issued new regulations on overtime pay and salary thresholds for exempt employees, followed by significant court rulings...
What Is an Overtime Reset? An overtime reset refers to the point when the calculation of overtime hours starts over. Under the Fair Labor Standards Act (FLSA), overtime pay is based on a “workweek”...
AccuWage Online provides a user-friendly experience for testing wage reports before submitting your formatted wage file to the Social Security Administration (SSA). Accuwage can be used by companies to submit accurate data more...
For employers to comply with ERISA reporting requirements, they must understand what needs to be disclosed and when deadlines are set by the Department of Labor (DOL). This article will outline the fundamental...
When an employee travels away from the office and incurs expenses, the company should reimburse them. Whether travelling across the world or just driving their car to a client’s location, getting the reimbursement right...
What documents are needed for employee expense reimbursements? Manage business expense records Do you know what documents you need from employees when you reimburse them for expenses? If you’re like most small business owners,...
The WARN Act applies to private businesses with 50 or more full time workers in New York State. It covers: Closings affecting 25 or more workers Mass layoffs involving 25 or more full-time workers...
Minimum Wage Act The Minimum Wage Act (Article 19 of the New York State Labor Law) requires that all employees in New York State receive at least the applicable hourly Minimum Wage rate. This...
On the Fringes: The Ins and Outs of Fringe Benefits Fringe Benefits In order to attract and retain quality employees, most employers offer some time of additional compensation over the employee’s wage. These work...
Each dataset represents the form year of the filing (the year printed in the top right box of the form). For 2008 and prior datasets, each dataset represents the plan year of the filing (the plan year end date entered by the filer in Part I of the Form 5500).
Are Employee Reimbursements Taxable? In this article we are talking about employee reimbursements and taxation. 1. Employee Reimbursements It’s inevitable that your employees will pay for business expenses with their own money and ask...
Special Rules for Various Types of Fringe Benefits (Source: IRS) Taxation of Fringe Benefits Treatment Under Employment Taxes Type of Fringe Benefit Income Tax Withholding Social Security and Medicare (including Additional Medicare Tax when...
Employees and employers can keep accurate records of hours on the job. The DOL-Timesheet App helps track regular work hours, break time, and overtime hours. The new version of the app also enhances the...
California payday notice poster Payday notice poster must specify the regular paydays and the time and place of payment. An employer-developed notice is permitted. Labor Code Labor Code section 207 states: Every employer shall keep...
Minimum wage NYS The federal minimum wage is $7.50/hour. But New York, like many other states, has higher minimum wage rates. Effective December 31, 2020, the minimum wage in New York state is at...
Minimum wages California is nationally known for having some of the most progressive laws in the country. Their minimum wage laws are no exception. California has one of the highest minimum wages as a...
List of cities Alameda, CA Albuquerque, NM Bangor, ME Belmont, CA Berkeley, CA Bernalillo County, NM Chicago, IL Cook County, IL Cupertino, CA Daly City, CA El Cerrito, CA Emeryville,...
Minimum hourly rates for tipped workers in NYS Minimum hourly rates that employers must pay to tipped workers in 2021 are here New York State law allows employers in all industries other than building...
CalSavers is a retirement savings program for private sector workers whose employers do not offer a retirement plan. This program gives employers an easy way to help their employees save for retirement, with no...