Termination Pay Deadlines – When You Have To Pay

Did you know that you may have a limited amount of time in which to give exiting employees their final pay checks? The guidelines noted below are general in nature; special rules or exceptions may also exist. Check with your state agency or collective bargaining...

The Value of Employee Fringe Benefits

Ah, October — fall colors, frost on the pumpkin, Halloween — and a good time to start calculating the value of the fringe benefits that you provided to your employees this year. Why? you might ask. Well, as you generously attempted to augment you...

Understanding the Earned Income Credit

What is the Earned Income Credit (EIC)? The EIC is a tax credit provided to help offset the basic living expenses (including FICA taxes) of low income employees. Who is eligible for the EIC? To qualify for the EIC an employee: With no qualifying child: (a) must have...

New Hire Reporting

The recent and continuing national attention paid to child support payment delinquencies and welfare and unemployment insurance abuse has led many states to beef up their new hire reporting requirements in an effort to help identify and locate alleged abusers....