admin

About admin

This author has not yet filled in any details.
So far admin has created 95 blog entries.

Important Tax Figures for 2019

2019-01-15T01:54:29+00:00

The following table provides some important federal tax information for 2019, as compared with 2018. Many of the dollar amounts are unchanged and some changed only slightly due to inflation. Social Security/ Medicare 2019 2018 Social Security Tax Wage Base $132,900 $128,400 Medicare Tax Wage Base No limit No limit Employee portion of Social [...]

Important Tax Figures for 20192019-01-15T01:54:29+00:00

Dealing with Child Support Withholding Orders

2018-12-31T02:29:07+00:00

A whopping 75% of all child support is collected through employer-based income withholding orders (IWOs), according to the federal Office of Child Support Enforcement (OCSE). In the most recent year for which figures are available, that amounted to $32 billion. The latest information from the Census Bureau indicates that nearly half of the country's [...]

Dealing with Child Support Withholding Orders2018-12-31T02:29:07+00:00

Shave Payroll Costs for Shared Employees

2018-12-31T02:18:07+00:00

If you run your business operations through two or more corporations, the different entities may share some of the same employees. In that case, you can save payroll taxes by using a "common paymaster." Instead of having each business pay Social Security and Medicare tax for shared employees, common paymasters remit the appropriate amount [...]

Shave Payroll Costs for Shared Employees2018-12-31T02:18:07+00:00

Balance Your Right to Monitor Communications with Employees’ Privacy Rights

2018-12-31T01:46:46+00:00

You may have legitimate reasons for monitoring some of your employees' communications at work, particularly emails generated on company servers. Creating a policy to monitor such activities requires a delicate balancing act to protect your company and gain access to the information you need, without violating employees' legal privacy protections. Reasons to Monitor Emails [...]

Balance Your Right to Monitor Communications with Employees’ Privacy Rights2018-12-31T01:46:46+00:00

DOL Pitches Auto-Portability Program to Preserve Retirement Savings

2018-12-17T03:42:55+00:00

The U.S. Department of Labor (DOL) is advancing a proposal that would enable 401(k) plan sponsors to automatically transfer account balances up to $5,000 of former participants who have left the company. The amounts would be transferred to the 401(k) plan of an employee's new employer. Assets transferred using this "auto portability" approach would [...]

DOL Pitches Auto-Portability Program to Preserve Retirement Savings2018-12-17T03:42:55+00:00

The Employer’s Role in Documenting Workers

2018-12-12T15:12:45+00:00

The employer's role in documenting alien employees is a balancing act. Under the Immigration Reform and Control Act (IRCA) you must verify through examination of certain documents that your employees are authorized to work in the United States. At the same time, you must avoid unfair employment practices. By law, you must complete an [...]

The Employer’s Role in Documenting Workers2018-12-12T15:12:45+00:00

The Burden of Payroll Record Maintenance

2018-12-12T15:02:03+00:00

Department of Labor, which enforces employment rules for several other federal agencies. Paying employees means more than just issuing checks. Your company also needs to keep accurate records for current and past employees for a certain period of time. There are record requirements from both the IRS and the U.S. These records include the [...]

The Burden of Payroll Record Maintenance2018-12-12T15:02:03+00:00

Tax Cheer for Holiday Gifts to Employees

2018-12-12T14:53:11+00:00

With the holidays fast approaching, you might want to reward your employees for all their hard work in 2018. Gift-giving ideas include gift cards, holiday turkeys and achievement awards. Although your intent may be essentially the same in all these situations, the tax outcome for recipients of your goodwill may be quite different. Typically, [...]

Tax Cheer for Holiday Gifts to Employees2018-12-12T14:53:11+00:00

HR&P Recognized for the 5th consecutive year to the Cougar 100

2018-11-07T16:22:22+00:00

HR&P Recognized for the 5th consecutive year to the Cougar 100 It is our privilege to announce that Mike Holley, Class of 1990, and HR&P – Human Resources & Payroll, have been recognized for the 5th consecutive year to the Cougar 100. The Cougar 100 celebrates the fastest growing University of Houston Alumni owned [...]

HR&P Recognized for the 5th consecutive year to the Cougar 1002018-11-07T16:22:22+00:00