3 Biggest Employer Mistakes When It Comes to Overtime

Overtime costs can easily throw a company’s cash flow into disarray. While sometimes overtime is unavoidable, many businesses try to avoid having to pay overtime. However, many employers make big mistakes in trying to control overtime costs and end up violating state and federal wage and hour regulations. When these violations are discovered, employers can […]

What is a W-2?

If you are hiring a new individual, it is important to distinguish if the worker is an employee or an independent contractor. The distinction is important because it determines the kind of tax form your company should send to the person. If they are self-employed, or an independent contractor, you will send them a 1099 […]

Employees vs. Independent Contractors

Many business owners want to avoid payroll taxes by classifying an individual as an independent contractor. While this is true in some cases, it is imperative that you know if you have a tax liability or not. This is determined by the worker’s employment status. As a business owner it is crucial that you can […]

What has happened to the FLSA Overtime Rule?

What has happened to the FLSA overtime rule? The Fair Labor Standards Act (FLSA) which was enacted by President Franklin Roosevelt in 1938 was designed to establish and regulate minimum wage, overtime pay, employee record keeping, as well as Child Labor standards. Except in very few instances, the FLSA supersedes every other labor laws in […]