Payroll
AICPA Submits Additional Recommendations on Guidance Related to Application of Proposed Rulemaking Regarding Employee Renumeration
Under section 162(m) as amended by the TCJA, the definition of “covered employee” was broadened to include the PEO and PFO at any time during the year (not just the last day of the year), and the three other most highly compensated officers, for a ...
Age and Other Post-Pandemic Discrimination Claims
Anticipating the potential for claims of discrimination to arise, and being fully prepared to provide the objective bases for a failure to recall an employee, or for termination is perhaps the most effective means of defending against any such claims.
As Covid Unemployment Benefits End, Housing Insecurity Levels Rise
Missed rent payments have grown -- 12.4% of renter households paid no rent during the first two weeks of July, up from 9.9% the previous year -- but by much less than might be expected given record levels of unemployment.
States Using Federal Covid Relief to Fund Unemployment Insurance
Governors and lawmakers in at least eight states have used millions of federal coronavirus relief dollars to protect businesses from tax increases as unemployment skyrockets.
Paychex Enhances PPP Loan Forgiveness Solution to Produce Signature-Ready Application
The signature-ready forgiveness application function is available to all Paychex Flex customers as part of their payroll service at no additional charge. It will also be available to customers of Oasis, a Paychex company, in the coming weeks.
5 Steps to Create a Transitional Retirement Option For Employees
It’s no secret that many workers have been unhappy in their jobs. Many workers are at, or above, what might be considered “normal” retirement age, but for various reasons they have continued to work.
Survey Shows Americans’ Financial Dissatisfaction
The primary factor driving the quarter-over-quarter financial satisfaction decline was a 246 percent (75 point) increase in underemployment. Rising underemployment hurts overall financial satisfaction.
More Americans Tapping Emergency Savings During Covid
Saving for life’s big moments is one of the best ways to improve and maintain one’s financial well-being. But many young people have already lived through one economic recession and now face a second. How has this impacted their savings?