Payroll Briefs

Category: "Payroll"

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 […]

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, […]

New Relief Package Will Bring Expanded Employee Retention Credit, Stimulus Payments and More

Congress has finally settled on a new COVID-19 stimulus legislation – The Emergency Coronavirus Relief Act of 2020, which expands the employee retention credit, extends various expiring tax credits, distributes stimulus payments and allows the deductibility of Paycheck Protection Program (PPP)-funded expenses, even if forgiven. The $900 billion bill, the second-largest next to the Coronavirus […]

The Top 3 Perks of Employee Self-Service Platforms

Your HR manager’s role knows no bounds, from onboarding new employees to updating employee information to creating company communications. One of the more tedious parts of the job is managing mountains of paperwork for these aforementioned events and keeping accurate records. If this is a pain point in your business, it may be time to […]

DOL’s New Interim Final Rule Protects American Workers’ Wages

The U.S. Department of Labor (DOL) has recently issued a new interim final rule that reforms the current methodology used in multiple foreign worker programs, therefore protecting the wages and job security of American workers. After a lengthy review of the Permanent Employment Certification and visa programs, the DOL decided the present wage approach can […]