Payroll Briefs

Category: "All"

Updates on COVID-19-Related Deadline Extensions for Healthcare Benefits

Recently, the U.S. Department of Labor (DOL) issued EBSA Disaster Relief Notice 2021-01, a communication especially of interest to employers. The notice clarifies the duration of COVID-19-related deadline extensions applying to healthcare benefit plans. Continuing Extensions The DOL and the Internal Revenue Service (IRS) issued guidance last year stating that the COVID-19 outbreak period – […]

Impacts of the New American Rescue Plan Act on Payroll

Nearly a year after the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted and just days before the second extension of pandemic unemployment relief was set to expire on Mar. 14, 2021, President Biden signed the American Rescue Plan Act of 2021 into law on Mar. 11, 2021. With a price tag of […]

DOL Puts Pause on Tip Credit and Worker Classification Rules

After President Biden’s recent memorandum requesting a pause to allow for the review of new and pending rules, the U.S. Department of Labor (DOL) announced there will be delays to the tip credit and worker classification final rules under the Fair Labor Standards Act (FLSA). Keep reading to learn more about the repercussions the final […]

2019 and 2020 EEO-1 Data Collection Set to Begin in April

The Equal Employment Opportunity Commission (EEOC) has indicated it will start the collection of both 2019 and 2020 Employer Information Report (EEO-1) Component 1 data beginning this coming April. Last year’s 2019 data collection was delayed due to the COVID-19 pandemic, so employers must double up on their data collection this year for both 2019 […]

DHS Issues Eighth Extension of Temporary Requirements for Form I-9 Compliance

The Department of Homeland Security (DHS) recently announced another extension of the temporary requirements allowing for the flexibility of Form I-9’s physical presence requirements through the U.S. Immigration and Customs Enforcement (ICE). DM Payroll Solutions explores the additional extension and what employers should know about Form I-9 reporting in the near future. More on the […]

IRS Issues 2021 Form W-4 with Minor Updates

The Internal Revenue Service (IRS) has recently released the 2021 Form W-4 (Employee’s Withholding Certificate). While the new form is quite similar to its 2020 counterpart, there are a few small updates all employers should be aware of. DM Payroll Solutions breaks down the 2021 Form W-4 changes to ensure you have all the answers […]

IRS Introduces New Mileage Rates for 2021

The Internal Revenue Service (IRS) recently issued new standard mileage rates for 2021. The rates apply to businesses whose employees operate an automobile for business, charitable, medical or moving purposes. DM Payroll Solutions breaks down the new mileage rates so you and your employees can plan appropriately for the coming year. Beginning Jan. 1, 2021, […]

Pandemic Legislation Brings Welcomed Stimulus Payments and Tax Relief

On December 27, 2020, President Trump signed a $2.3 trillion Coronavirus relief and government funding bill, the Consolidated Appropriations Act of 2021, into law extending billions of dollars in relief aid to individuals and businesses across the country. DM Payroll Solutions, along with our CPA affiliate Doeren Mayhew, has highlighted key provisions of the new […]

A State-by-State Guide to 2021 Anticipated Minimum Wage Raises

While 2020 has been a year full of unexpected changes, one thing that has remained constant is the federal minimum wage. The last time it changed was in 2009 when the wage increased from $6.55 to $7.25, and it is expected to remain the same for the immediate future. No matter the federal minimum wage, […]