Remove year-to-date-payroll-earnings
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Missed Payroll in the Wake of Bank Collapse: Implications, Strategies, and Minimizing Risk

Proskauer's Employee Benefits & Executive Compensa

In the wake of the recent news of bank failures, businesses—and their investors—are rightly concerned about the implications of a missed or delayed payroll. Obligation to Make Payroll Under federal and most state laws, employers have both timing-of-pay and frequency-of-pay obligations. The short answer is it depends.

Banking 52
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What is Payroll Tax?

Abel HR

One of the most perplexing topics in the human resources industry is that of the payroll tax. What are Payroll Taxes? Simply put, payroll taxes are taxes paid on the wages and salaries of a company’s employees. Simply put, payroll taxes are taxes paid on the wages and salaries of a company’s employees.

Taxes 52
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AbelHR: What is Payroll Tax?

Abel HR

One of the most perplexing topics in the human resources industry is that of the payroll tax. What are Payroll Taxes? Simply put, payroll taxes are taxes paid on the wages and salaries of a company’s employees. Simply put, payroll taxes are taxes paid on the wages and salaries of a company’s employees.

Taxes 52
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New Law Expands Paid Sick Leave for California Workers

InterWest Insurance Services

The new legislation also preserves current law that allows employers to provide sick leave up front at the beginning of the year or through an accrual system. With an effective date of Jan. With an effective date of Jan. The current cap is six days — or 48 hours. Seek medical diagnosis, treatment or preventive care.

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New Laws for 2023 part II

InterWest Insurance Services

As the year was drawing to a close, Cal/OSHA was working on a COVID-19 standard to replace the emergency standard that has been in place since 2020. A new law will require almost all contractors in California to carry workers’ compensation coverage, regardless of if they have employees or not. Starting Jan. 7) Permanent COVID standard.

401(k) 98
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How the SECURE 2.0 Act of 2022 benefits your workplace

Insperity

Prioritizing their debt reduction can cause these workers to miss out on the crucial first years – or even decades – of contributions to retirement savings plans. The SECURE 2.0 Act put in place mandatory and optional provisions to help U.S. workers better prepare financially for retirement, at every stage of their employment journey.

401(k) 108
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W-2 vs. 1099: Which workers get which?

Business Management Daily

W-2: Wage and Tax Statement is a critical, annual document that reports an employee’s gross earnings for the entire year. By law, an employer must fill out a W-2: Wage and Tax Statement for each of its employees to whom it paid $600 or more for the year or for whom it withheld any taxes. Copies B, C, and 2 go to the employee.

Taxes 52