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HRA or HSA? – Part 1

For many employers, autumn isn’t just about football, warm sweaters, and brightly-colored leaves.  It’s also the season for designing an…

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Year-End Payroll Reminders

It’s that time of year!  As the days grow shorter, the payroll to-do list grows ever longer.  Today we’ll take…

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Employee or Independent Contractor?

“Can we classify this person as a 1099?” is a common question for a payroll company.  Sometimes one assumes a…

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OASDI Tax Rate

For 2012, the maximum taxable earnings amount for Social Security (OASDI) taxes is $110,100. There is no limit on taxable…

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Minimum Wage Increase

Several state minimum wage rates expire on December 31, 2012. On January 1, 2013, some states will have an increased…

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Middle Class Tax Relief and Job Creation Act of 2012

President Barack Obama signed the payroll tax cut extension into law on February 22, 2012. The “Middle Class Tax Relief…

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IRS Severance Pay Provisions in Employment Agreements

Many employment agreements provide severance pay upon a change in control or a termination without cause if the employee signs…

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IRS Mileage Rate Expiration for 2012

The Internal Revenue Service (IRS) optional standard mileage rate of 55.5 cents/mile for business miles expires on December 31, 2012

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Continue using Form I-9

Until further notice, employers should continue using the Form I-9 currently available in the HR Support Center (even though the…

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