As your small business grows, so can the questions. Tax rates? Benefits? Reporting? PayrollCentric answers the most asked questions in California’s ever-changing payroll landscape. What is the new minimum wage in California? On January 1, 2023, the base minimum wage in California increased to $15.50/hour. Wages...
Federal law requires certified payroll reports for government-funded projects that cost $2,000 or more. Certified payroll reports (also known as CPRs or “prevailing wage”) document wages, hours, rates, deductions, and benefits provided to every worker on your project. They ensure workers are receiving the prevailing...
California’s most recent Pay Transparency Law went live on January 1, 2023. SB 1162 requires business owners with employees in California to track and report payscale ranges. Requirements vary for small and large businesses. Linda Duffy, President and Founder of Ethos Human Capital Solutions, led...
On May 31, the IRS released a draft of its new proposed Form W-4. The IRS drafted the new Form W-4 to enable the Form W-4 to align with the Tax Cuts and Jobs Act of 2017 (“TCJA”). ...
Many states and cities have taken the initiative to schedule minimum wage increases. For some cities, increases are set to take effect on July 1st on an annual basis.Because some cities have a higher minimum wage rate than the one set by the State or...
Recently, the SSA began sending "No Match Letter" notifications to employers regarding possible employee name and/or Social Security Number mismatches. These letters represent a new phase of the SSA enforcing employment eligibility. If you received a “No Match Letter”, please send us the notice immediately...
Have you seen the latest statistics? According to Business Enterprise Institute, 79% of small businesses will be exiting their businesses, whether by transferring ownership or shutting them, in the next 10 years. ...
Have you seen the latest statistics? According to Business Enterprise Institute, 79% of small businesses will be exiting their businesses, whether by transferring ownership or shutting them, in the next 10 years. ...
