by Steven J Weil, PhD, EA, LCAM | Sep 22, 2023 | Blog, Payroll Preparation
Another Court Affirms Employees Overtime & Time Worked Pay Requirement The U.S. Court of Appeals for the Second Circuit has approved a ruling by a New York District Court finding that New York City Emergency Medical Technicians (EMTs) and paramedics were... by Steven J Weil, PhD, EA, LCAM | Jun 13, 2023 | Blog, Payroll Preparation
Can employers refuse to pay employees for unauthorized overtime? I was recently asked by a client if he had to pay overtime to hourly employees who had ignored the company policy that all overtime must be approved in advance. He explained that he had told two of his... by Steven J Weil, PhD, EA, LCAM | Jun 13, 2023 | Blog, Payroll Preparation
Do you know the minimum wage for your state? The current Florida Minimum wage is $11.00 per hour and it increases to $12.00 per hour on September 30,2023. The Federal minimum wage is currently $7.25 and employers must pay the greater of either the state or federal... by Steven J Weil, PhD, EA, LCAM | Feb 17, 2023 | Blog, Business Tax, Payroll Preparation, Personal Tax
You don’t need paper copies of your return. Electronic copies will work just fine. You do need your electronic files in a format that does not allow easy alteration. PDFs and TIFFs are preferred and can be used to keep not only for returns but also as receipts and... by Steven J Weil, PhD, EA, LCAM | Jun 11, 2021 | Blog, Payroll Preparation
Some Key West Restaurants recently found out that the Department of Labor means business when they were assessed $162,000 is back wages for overtime violations. Employers need to keep good records of hours worked, comply with wage and hour regulations and properly pay... by Steven J Weil, PhD, EA, LCAM | Sep 4, 2020 | Blog, Covid-19, Payroll Preparation
On September 3rd, the IRS held a teleconference for the payroll industry regarding the postponement (commonly referred to as deferral) of the employee’s share of Social Security tax. The conference allowed the IRS to clarify information provided in Notice... 