Mon, 04 Nov 2024 16:23:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.patriotsoftware.com/wp-content/uploads/2020/01/cropped-site-favicon-32x32.png 32 32 https://www.patriotsoftware.com/blog/payroll/new-salary-threshold-overtime/ Tue, 02 Jul 2024 15:54:00 +0000 https://www.patriotsoftware.com/?p=68150 UPDATE: On June 28, 2024, a Texas court halted the new DOL overtime rule for Texas state employees. The DOL new overtime rule is in effect for all other employees, including private employees in Texas. Keep in mind that continued legal challenges could arise. Starting in July 2024, four million new workers will become entitled […]

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]]> https://www.patriotsoftware.com/blog/payroll/what-is-minimum-wage/ Wed, 08 May 2024 18:10:00 +0000 https://pslohio.wpengine.com/uncategorized/what-is-minimum-wage/ The minimum wage law prevents employers from paying employees below a certain amount per hour. What is minimum wage? There is a federal minimum wage, but many states and localities set a higher wage. Comply with labor laws by learning what minimum wage your business may be subject to. What is minimum wage? The minimum […]

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]]> https://www.patriotsoftware.com/blog/payroll/non-exempt-employees-and-the-fair-labor-standards-act/ Thu, 02 May 2024 20:56:00 +0000 https://pslohio.wpengine.com/uncategorized/non-exempt-employees-and-the-fair-labor-standards-act/ Worker classification is critical. After you’ve narrowed down whether a worker is an independent contractor vs. employee, you’re not done. You need to also figure out if an employee is nonexempt. What is a nonexempt employee? When an employee has nonexempt status, the Fair Labor Standards Act’s (FLSA) minimum wage and overtime laws come into […]

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]]> https://www.patriotsoftware.com/blog/payroll/what-is-a-federal-legal-holiday/ Fri, 05 Apr 2024 16:08:00 +0000 https://pslohio.wpengine.com/uncategorized/what-is-a-federal-legal-holiday/ As a small business owner, your doors likely aren’t open 24/7. And if you’re like most businesses, you might be closed on federal legal holidays like Thanksgiving or Christmas. According to the Bureau of Labor Statistics, the average full-time employee receives approximately 7.6 paid holidays annually. If you’re an employer, it’s important to know what […]

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]]> https://www.patriotsoftware.com/blog/payroll/what-is-certified-payroll/ Thu, 29 Feb 2024 18:44:03 +0000 https://www.patriotsoftware.com/?p=67187 Step 1: Land the contract for a federal government-funded job. Step 2: Comply with your certified payroll reporting requirements. What is certified payroll? Contractors and subcontractors working on federally funded construction projects have an additional payroll responsibility known as certified payroll. You must complete and send certified payroll reports to the government to avoid penalties […]

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]]> https://www.patriotsoftware.com/blog/payroll/what-is-per-diem-pay/ Mon, 08 Jan 2024 16:56:00 +0000 https://pslohio.wpengine.com/uncategorized/what-is-per-diem-pay/ When employees incur travel-related business expenses, you might consider covering their costs. You can reimburse employees for expenses by giving them per diem pay. What is per diem pay?   What is per diem? Per diem is a daily allowance you give employees to cover travel-related business expenses. Per diem means “for each day.” You […]

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]]> https://www.patriotsoftware.com/blog/payroll/do-you-pay-employees-per-diem/ Mon, 08 Jan 2024 14:37:00 +0000 https://pslohio.wpengine.com/uncategorized/do-you-pay-employees-per-diem/ You might have heard about per diem pay before. But, are you familiar with Publication 1542? Learn more about Publication 1542 per diem rates and how to calculate per diem pay below. Publication 1542 Per diem is a daily rate employers give employees to cover business-related traveling expenses. You can repay the actual expenses the […]

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]]> https://www.patriotsoftware.com/blog/payroll/federal-state-tipped-minimum-wage-rates/ Wed, 03 Jan 2024 19:21:00 +0000 https://pslohio.wpengine.com/uncategorized/federal-state-tipped-minimum-wage-rates/ Want to avoid breaking labor laws? Then you need to pay employees according to federal, state, or local minimum wage law. But if you have tipped employees, you might be able to pay a lower, tipped minimum wage. Read on to learn what is a tipped minimum wage, along with the current federal tipped wage […]

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]]> https://www.patriotsoftware.com/blog/payroll/what-is-the-flsa/ Wed, 03 Jan 2024 18:43:00 +0000 https://pslohio.wpengine.com/uncategorized/what-is-the-flsa/ When you become an employer, you can’t always play by your own rules. There are certain federal, as well as state and local, standards you must follow. The FLSA is one set of federal regulations you need to know about and comply with. What is the FLSA? What is the FLSA? The Fair Labor Standards […]

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]]> https://www.patriotsoftware.com/blog/payroll/small-business-wage-violations/ Wed, 03 Jan 2024 18:31:00 +0000 https://pslohio.wpengine.com/?p=47482 The Department of Labor recovered over $274 million in back wages and damages in 2023 due to wage violations. Employers who use illegal payroll practices owe back the money they “steal” from employees and are subject to hefty penalties. Plus, these businesses lose the trust of their workers and harm their employer brand. In short, […]

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