by chris | Oct 24, 2018 | Business Tips, Payroll, Taxes
Basically, supplemental wages include a variety of items paid in addition to regular wages. Whereas regular wages constitute straight-time hourly pay or fixed salary, supplemental wages include: Bonuses. Back pay. Commissions. Overtime pay. Lump-sum vacation payments....
by chris | Oct 24, 2018 | Financial Management, Human Resources, Payroll
The Immigration Reform and Control Act of 1986 (IRCA) forbids U.S. employers from knowingly employing people who are not authorized to work in the United States. The IRCA also prohibits employers from employing individuals without using Form I-9, Employment...
by chris | Oct 9, 2018 | Financial Management, Human Resources, Payroll, Taxes
A salary, or wage, advance is a type of short-term loan from an employer to an employee. The employee receiving the advance must pay back the money within a specified time frame, as dictated by the company’s salary advance policy. Under federal law, employers...
by chris | Sep 28, 2018 | Business Tips, FLSA, Human Resources, Payroll
Your business must comply with the minimums for calculating and paying overtime as required by federal and state laws. The Wage and Hour Division of the U.S. Department of Labor regulates overtime pay using the Fair Labor Standards Act, which requires that hourly...
by chris | Sep 28, 2018 | FLSA, Human Resources, Payroll
You not only expect employee punctuality, but also that they understand that being reliable is important. Staff coming in late can have significant time and cost consequences; chronic lateness can negatively affect productivity and profitability. Punctuality is...
by chris | Sep 7, 2018 | Business Tips, Payroll, Taxes
You’re in business to make money to feed your family, send the kids to college or drive the sports car of your dreams. But when you’re a shareholder in an S corporation, how and how much you get paid can be controversial and a red flag for the IRS. What is...
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