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It may seem like Patrizia Iacono is a CEO, says Sydney Morning Herald reporter Sue Green. Iacono checks emails and reviews her schedule when she’s off work, and her day starts at 5:30 a.m., when she starts reading the day’s news. But she’s an executive assistant who mentors more than two dozen other EAs across Australia.
What do banks, health insurers, major retail chains and movie studios have in common? Massive cyberattacks that have led to stolen identifying information, including employees’ sensitive personal data. You can thwart any identity thief by taking some simple steps and modifying some procedures.
According to Jason Chen, writing in Bloomberg Businessweek, vintage pencils are gaining traction as the preferred writing instrument of those who just might be tired of the pen and PC and want the feel of a well-balanced wooden writing tool.
Employee lawsuits often use personnel files as evidence of wrongdoing by employers. Among the critical HR record-keeping issues involving personnel files are what to include in an employee file, what to maintain in separate files, and how long to retain different types of information.
Here's your monthly guide to critical payroll due dates.
The IRS has issued a notice and a proposed revenue procedure that cover the steps you must take to obtain employees’ consent before you refund overwithheld FICA taxes to them. The notice allows employees to furnish consent electronically and also clarifies your “reasonable efforts” if you can’t secure their consent.
At some point in your admin career, you’ll probably encounter customer relationship management software. These databases help organizations keep track of the relationships they have with clients, customers, potential clients and other contacts.
A federal trial court has ruled that an employee who sued her employer, alleging that the employer’s share of FICA and FUTA were wrongfully withheld from her pay, had to instead file a refund claim with the IRS for those amounts. If the refund claim is denied, she can sue the IRS for her money, the court concluded.
Q: It’s likely that later this year, one employee will receive a bonus that will boost his supplemental pay to more than $1 million. In anticipation of that, his accountant has informed us that we don’t need to withhold federal income taxes at the 39.6% rate; the employee will pay the tax on his 2015 Form 1040, instead. Is that right—it sounds fishy to us?
Q: A new employee received a signing bonus last November, which he had to repay if he left the company within two years. He did leave, and now we don’t know what to do. Do we need to amend his 2014 W-2 form? What documentation must we collect from him?