Payroll Practitioner’s Monthly is a 16-page monthly newsletter that shows payroll professionals what they need to do and how to do it when it come to the many rules, regulations and laws they must follow to prepare and distribute a corporate payroll. In general terms, it is a “step-by-step” newsletter, focusing on the administrative details of payroll in plain English with proven suggestions on how to get the job done right, and done once. PPM gives managers in small to mid-size companies access to the same hard-hitting data found in academic journals on accounting, without the padding of charts, graphs and theoretical language. PPM also includes feature articles like, “Ask Professor Payroll,” and members of PPM’s Guest Editorial staff provide insights and commentary on specific payroll processing, technology or legal issues.
The Fair Labor Standards Act (FLSA) of 1938, as amended, establishes the minimum wage and overtime provisions under federal law. Section 6 of the Fair Labor Standards Act requires that each employee, not specifically exempted, who is covered under the FLSA receive a specific minimum wage.
It is a sad fact that during the course of a payroll professional’s career someone is going to die while on the payroll. It can be an emotional and trying time for the company or even the payroll department itself.
During a round of workforce reductions, an employer reduced the job status of a full-time salaried employee to part-time hourly. Unfortunately, the paperwork for the change did not make it to payroll until two months after the change of status and the employee was overpaid.
Q: An employee’s Social Security Number (SSN) was entered incorrectly on a Form W-2 that has been submitted to the Social Security Administration (SSA). How do I fill out the W-2c? Do I also need to prepare a corrected Form W-2 to give to the employee, or just provide the W-2c?
Tip Credit and Tip Pooling: FLSA Considerations and Limitations. Teleconference. April 8, 2010. Contact: Lorman Education Services 866-352-9539 or www.lorman.com
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