On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction against the enforcement of the Corporate Transparency Act (CTA). While this pause creates some uncertainty, it’s important to understand the potential next steps and what this means...
It may be important for victims of a disaster to reconstruct their tax and financial records to help prove and document their losses so they can get federal assistance or insurance reimbursement. Below are some tips to help people reconstruct important records they may need...
In the war for talent, the right HR practices can determine whether you can hire and retain the best workers or not. Thanks to changing demographic trends, finding top-quality workers isn’t as easy as it was a few decades ago. By making a few changes...
California youth service organizations are now required to comply with newly amended regulations under California Penal Code §11105.3 which builds upon the foundation of California Business and Professions Code §18975 (AB 506). Key legislative changes include: Mandatory national (FBI) criminal history checks Annually signed waivers authorizing...
Every company is aware of time clock abuse, but each company handles this issue differently. Furthermore, wasted company time can come from many areas, such as stretched-out lunch breaks, unjustified sick leave, and excessive socializing among co-workers. Recent Study Revealed...
Federal contractors may need to be prepared to increase pay for employees working on, or in connection with, covered federal government contracts. The hourly minimum wage for employees performing work on federal contracts will rise from $17.20 to $17.75 on Jan. 1, 2025, the Department...
Crowdfunding contributions may be includible in the gross income of the person receiving them depending on the facts and circumstances. The crowdfunding website or its payment processor may be required to report distributions of money raised if the amount distributed meets certain reporting thresholds. Here are...
At Payroll Partners, we are incredibly thankful for you, our valued clients. Your trust and loyalty inspire us to continuously improve our services and provide the best payroll solutions possible. We appreciate your ongoing support and are committed to helping your business thrive. Thank you...
Most churches will issue a Form W-2 to a minister for their compensation if the minister is considered an employee of the church. The determination of whether a minister is an employee or an independent contractor is crucial in deciding whether to issue Form W-2...
Retaining hourly talent is crucial for maintaining productivity and reducing turnover costs. Start by...