The federal minimum wage hasn’t increased since 2009. In response, States and local jurisdictions have taken it upon themselves to set their own rates. They continue to pass new minimum wage laws, creating challenges for employers to manage minimum wage rates. So,…
Trump Signs 2019 Spending Bill Extending WOTC
President Donald Trump has signed the tax extenders bill providing a one-year extension of the Work Opportunity Tax Credit (WOTC) through 2020. The SHRM-supported Work Opportunity Tax Credit (WOTC) provides employers with a tax incentive to hire employees from disadvantaged…
Will You Run Into a Snag with the New 2020 Federal W-4 Form?
The IRS just released the new 2020 Federal W-4 Form on December 5, 2019! What’s the Deal? “The primary goals of the new design are to provide simplicity, accuracy and privacy for employees while minimizing burden for employers and payroll…
Senate Passes WOTC, Indian Tax Credit, & Empowerment Zones
Just moments ago, the Senate passed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 also known as the 2019 tax extenders bill, on Thursday, December 19th, and now the legislation heads to the President’s desk for final signature….
2019 Tax Extenders Bill Projected to Move to Senate This Week
After intense negotiations, Congress passed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 also known as the 2019 tax extenders bill, on Tuesday, December 17th, and now the legislation is expected to be signed by the Senate later…
