To stay compliant with federal and state labor laws, employers must have systems in place to accurately capture hours worked and payroll records showing that employees were appropriately compensated for those hours. MarathonHR can counsel you on the optimal classification...
For employers with employees who rely on tips as part of their income – restaurants, hair and nail salons, other service industries – it’s important to understand gratuities and how the Internal Revenue Service (IRS) expects them to be reported....
On March 1, the IRS issued much needed guidance (via Notice 2021-20) for employers attempting to claim the employee retention credit under the CARES Act (signed March 27, 2020), as modified by the Taxpayer Certainty and Disaster Tax Relief Act...
Shortly after our October blog post explained reporting requirements under the Affordable Care Act (ACA), the IRS announced an extension of the deadline for distributing those forms. On October 2, 2020, the IRS announced it would extend the deadline for...
As most employers or individuals with responsibility for running payroll know, January 31 is the deadline for filing Form W-2s with Social Security as well as for distributing them to employees. What most may not consider is the importance or...
To further support small and medium-sized businesses with their workforce management, MarathonHR’s Client 2.0 portal is an employee self-service tool to access work records such as: Paycheck Contact information Work calendar Timesheet Training records Leave of absences In Client 2.0,...
In an environment where employees increasingly receive all employment and even personal financial information digitally, they oft overlook reporting a change in physical address to their employers. We know this year that a great many workers took advantage of work...
Although November is always a good time to revisit your tax withholding each year, it is especially appropriate this year for employees who may have you experienced major changes in their income due to furloughs or layoffs, or received a...
Employers with employees who receive part of their compensation in the form of tips must provide oral or written notice to their employees that they are taking a tip credit. With the understanding that most tipped employees make up the...