2020 IRS Mileage Rate
The 2020 mileage rate for business use has been announced at 57.5 cents per mile. Read more…https://www.irs.gov/newsroom/irs-issues-standard-mileage-rates-for-2020
January 3, 2020 No Comments
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New IRS Form W-4 must be used in 2020
The IRS has released the new Form W-4 that new employees must use and employees who wish to update their withholding in 2020. https://www.irs.gov/pub/irs-pdf/fw4.pdf For
December 12, 2019 No Comments
CA requires retirement plans for employers
In 2016, Governor Brown signed Senate Bill 1234 requiring the state’s Secure Choice Retirement Savings Investment Board to begin development of a workplace retirement savings
December 11, 2019 No Comments
2020 Retirement Plan Contribution Limits
The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $19,000 to
December 8, 2019 No Comments
Minimum Wage Rates by State (UPDATED for 2020)
CA: 2020 INCREASING to $13/hr ($12/hr if 25 or fewer employees). Note some cities & counties have higher minimum wages. SD: 2020 INCREASING to $9.30/hr.
December 8, 2019 No Comments
2020 CA SDI, UI, ETT Rates & Limits
CA State Disability Rate: 1.00%. Max. taxable earnings: $122,909.CA Unemployment Tax Rate: 1.5%-3.4%. Max. taxable earnings: $7,000.CA Employers Training Tax: 0.10%. Max. taxable earnings: $7,000.
December 8, 2019 No Comments
2020 FICA Tax Rates & Limits
Social Security Rate: 6.2%. Max taxable earnings: $137,700Medicare Rate: 1.45%. Max taxable earnings: No limit Source: https://www.ssa.gov/policy/docs/quickfacts/prog_highlights/RatesLimits2020.html
December 8, 2019 No Comments
Employers Cited for Subcontractor’s $1.6 Million in Wage Theft
The Labor Commissioner recently fined two California grocers and their subcontractor more than $1.6 million in wage theft violations. The subcontractor was cited for violations
December 8, 2019 No Comments
New expanded tests for determining who is CA independent contractor
On September 18, California Governor Newsom signed Assembly Bill 5 into law. The law expands the use of the “ABC test” to determine if workers in California are employees or independent contractors.
December 7, 2019 No Comments
QuickBooks Payroll rolls out enhancements to One-Day Direct Deposit
QuickBooks Payroll rolls out enhancements to One-Day Direct Deposit Cash flow is the lifeblood of small businesses, and payroll has a tremendous impact on maintaining
June 30, 2019 No Comments
Makeup time in CA not overtime if certain conditions are met
Makeup time in CA not overtime if certain conditions are met. Makeup time is one of the rare occurrences under California law that employees have
April 16, 2019 No Comments
Updated Withholding Calculator on IRS.gov and a new version of Form W-4
The Internal Revenue Service today released an updated Withholding Calculator on IRS.gov and a new version of Form W-4 to help taxpayers check their 2018
March 2, 2019 No Comments
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