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Even top dogs can benefit from a little time management. Here are three tips from EffectiveMeetings.com:
On the surface, a boss or a co-worker who constantly interrupts you may come off as a bit of a jerk. However, it may simply be that interrupting is the only way he knows how to communicate, writes workplace communication consultant Guy Farmer.
STATE WITHHOLDING RATES: Here's a chart summarizing how states handle income tax withholding on supplemental wages. Note: To get the full story on state tax rates, visit your state tax department’s website.
Whatever you do, don’t call a U.S. Department of Labor investigator an auditor. Auditors look for nickels and dimes. DOL investigators look for compliance with the Fair Labor Standards Act.
According to recent statistics, 70% of child support is collected through wage withholding. Even so, some deadbeat parents slip through the cracks. To catch them, the Office of Child Support Enforcement has formed an alliance with employers to implement its newest program—the Passport Denial Program.
401(k) plans don’t have to allow employees to borrow from their vested account balances. But if they do, the news is grim. According to a recent survey, about 10% of employees who borrow from their 401(k) plans default. The default percentage skyrockets to 80% if employees terminate with outstanding loans.
Ignoring the IRS won’t make a tax audit go away, advises a senior policy analyst at the IRS. In fact, the opposite is true—ignoring a notification of a payroll audit means that you give up your chance to tell your side of the story and set the record straight.
Retaining financial records protects your company against litigation and ensures that you stay in compliance with federal and state laws and regulations.
Q. We require direct deposit of employee paychecks. We have one employee who hasn’t set up an account despite frequent requests. We have to mail his check from headquarters, sometimes via courier. Can we charge him a fee?
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