Compensating a new employee is a multilayered operation, consisting of activities that must be completed by various departments before the payroll processing. After completing all steps of the ...
W-2s and 1099s will not have new fields this year, but the IRS has now provided guidance on how employees can still claim tax deductions for tips ...
Millions of Americans who rely on tips and/or overtime to bolster their income could be impacted by the new advice.
Thanks to Trump's spending bill, taxpayers in the U.S. can expect no taxes on overtime and tips beginning this upcoming tax ...
When the manager of a local fried chicken restaurant pulls into the Waffle House parking lot, server and cook Mike Broughton gets to work. Four to six eggs, scrambled. Wheat toast, dry, with ...
The new IRS guidance (Notice 2025-69) clarifies how workers can claim the One Big Beautiful Bill Act's recently enacted ...
A business person handing a check to an employee. It’s essential to closely manage company payroll in a way that best suits your specific business needs and supports your employees. Given the ...
President Trump's promise of "no tax on tips" and "no tax on overtime" is finally moving from campaign slogan to practical reality, as the Internal Revenue Service begins spelling out how workers and ...
Simplify payroll for small businesses with our eight essential tips. Learn more to avoid mistakes and save time. Streamline your process effectively. Payroll is a high-stakes operation. After all, ...