Archive for the ‘Compensation’ Category

2018 Tax Withholding Information Is Here — W-4 Update Coming Soon

Today, the Internal Revenue Service (IRS) released income tax withholding information for 2018 (Notice 1036) that shows new rates for employers to use. The 2018 withholding tables reflect changes due to the tax reform legislation enacted last month. A withholding table shows payroll service providers and employers how much tax to withhold from employee paychecks, […]

11 Jan 18 - Compensation - Gail Cecchettini Whaley - No CommentsRead More »

Pay Caregivers Less than $3 per Hour; Be Hit with $7 Million in Fines

The California Labor Commissioner’s Office cited the operator of six adult care facilities in Los Angeles over $7 million for failure to pay the minimum wage and other wage and hour violations. The company must pay underpaid wages and penalties to 149 former and current employees who provided care to elderly residents 24 hours a […]

10 Jan 18 - Compensation - Gail Cecchettini Whaley - No CommentsRead More »

Social Security Revises 2018 Taxable Wage Base

For 2018, the Social Security Administration (SSA) announced that the Social Security taxable wage base will be $128, 400. This is the maximum amount of earnings subject to Social Security tax for 2018. Initially, the SSA announced that the wage base would increase by $1,500 — from $127,200 to $128,700 maximum taxable earnings. However, the […]

4 Jan 18 - Compensation - Gail Cecchettini Whaley - No CommentsRead More »

2018 IRS Mileage Rates Announced

On December 14, 2017, the Internal Revenue Service (IRS) issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. This year, the business rate increases one cent per mile. Beginning January 1, 2018, the standard mileage rates for the use of a […]

14 Dec 17 - Compensation - Gail Cecchettini Whaley - No CommentsRead More »

Time to “Fall Back;” Daylight Saving Time Ends Soon

Almost time to grab that extra hour of sleep! Daylight saving time ends at 2 a.m. on Sunday, November 5. But the twice-yearly time change at 2 a.m. generates questions about how to calculate hours worked when the clock is set back in the fall and employees “gain” an hour, as well as in the […]

2 Nov 17 - Compensation, Overtime - Gail Cecchettini Whaley - No CommentsRead More »