How should I handle a final paycheck, taxes and benefits for a
Dec 29, 2023 · State law will often dictate rules for paying a deceased employee's estate or beneficiary. Otherwise, normal termination processes typically apply after the death of an …
Employers Hesitant, Confused Over Payroll Tax Suspension - SHRM
Sep 8, 2020 · Employers have not rushed to offer their workers a suspension of payroll taxes through the end of the year. Some are waiting for additional guidance that might protect them …
2020 Payroll Taxes Will Hit Higher Incomes - SHRM
Oct 11, 2019 · Starting Jan. 1, 2020, the maximum earnings subject to the Social Security payroll tax will increase to $137,700. Before the start of new year, adjust payroll systems to account …
2022 Wage Cap Jumps to $147,000 for Social Security Payroll …
Oct 13, 2021 · Starting Jan. 1, the maximum earnings subject to the Social Security payroll tax will increase. By the start of the new year, U.S. employers should adjust their payroll systems to …
IRS Reminds Employers: Wellness Incentives Are Taxable - SHRM
Jul 11, 2016 · Wellness incentive cash payments and “cash equivalents"—ranging from gift cards to subsidized gym memberships—are not excludable from taxation as a medical benefit, the …
2019 Payroll Taxes Will Hit Higher Incomes - SHRM
Oct 12, 2018 · Starting Jan. 1, 2019, the maximum earnings that will be subject to the Social Security payroll tax will increase to $132,900. Before the start of new year, U.S. employers …
An Overview of Puerto Rico Employment Law - SHRM
Dec 5, 2018 · Other deductions that are required or authorized by law include those for normal payroll taxes (income taxes, Social Security and Medicare), child support, or for garnishment …
Understanding Section 125 Cafeteria Plans - SHRM
Jun 19, 2023 · This article provides an overview of Section 125 Cafeteria Plans and related compliance issues.
Health Savings Accounts (HSAs) and High-Deductible Health Plans (HDHPs)
2023 Benefit Plan Limits & Thresholds Chart - SHRM
Oct 28, 2022 · A handy chart showing 2023 benefit plan limits and thresholds: 401(k) plans, health savings accounts, health and dependent care flexible spending accounts, transit …