Maximize Tax Savings with Payroll Deductions

Discover how payroll deductions like 401(k) contributions and FSAs can reduce your tax burden and boost savings, paving the ...
Reason

Ban on Public Employee Union Payroll Deductions, with Exception for Certain Unions, Violates Kentucky Constitution

From Commonwealth v. Kentucky Educ. Ass'n, decided Mar. 7 by the Kentucky Court of Appeals (Judge Susanne Cetrulo, joined by Judges Sara Walter Combs and Kelly Mark Easton): [SB 7] prohibits public ...
Ibj.com

Westfield seeks audit to determine scope of city employee payroll problem

Westfield plans to conduct a payroll audit going back 17 years—to when the former town became a city—after officials recently discovered a firefighter had experienced incorrect payroll deductions for ...

How The New Overtime Deduction Works And Who Is Eligible To Claim It

The IRS has released a set of FAQs to answer questions about eligibility, reporting, and limits for the new, temporary ...

Overtime pay deduction: What workers need to know for tax season

Donald Trump’s proposal to eliminate overtime tax has ignited chatter.
The Virgin Islands Consortium

Audit Finds WAPA Delayed Employee Loan Payments for Months, Blocking Retirements and Jeopardizing Finances

A newly released audit by the Office of the V.I. Inspector General has found that the Virgin Islands Water and Power ...
DePauw

Permissible Deductions from Compensation

The University is prohibited from making improper deductions from the salaries of exempt employees and must comply with the salary basis requirements of the Fair Labor Standards Act (FLSA). Employees ...