News

One of President Donald Trump’s 2024 campaign messages was a promise to implement a no-tax-on-tips and no-tax-on-overtime law ...
Global Payments announced today that it has entered into a definitive agreement to divest its Payroll business to Acrisure.
Current employees who are already enrolled may continue to use payroll deduction for on-campus dining, vending machines, on-campus bookstore purchases, and other miscellaneous charges through the end ...
With a payroll deduction plan, employers withhold money from an employee's paycheck, most commonly for employee benefits and taxes. It can be voluntary or involuntary.
Instead, the employee is entitled to a deduction (or credit, depending upon the amount repaid) for the wages repaid on their personal income tax return in the year of repayment. Once repaid, the ...
The Payroll Department will reduce the employee’s taxable wages and associated taxes for that calendar year to ensure the year-end W-2 Form is correct. Repayment Crossing Calendar Years Repaying in a ...
Following the transaction, Alight and the Payroll & Professional Services business will establish a commercial partnership to bolster their collective competitiveness, coupling world-class service ...
House Speaker Mike Johnson on Wednesday revealed that an agreement has been reached with the SALT (state and local taxes) caucus on the deduction cap, paving the way for President Donald Trump’s ...
By Adolf Kaure.NAMITVEST Investment Holdings and Swakop Uranium signed a payroll deduction agreement on Thursday 27 February in Swakopmund for employees to invest in NAMITVEST, an instrument ...
Paycheck Voluntary and Involuntary Deductions, Garnishments Deductions from an employee’s or student’s wages will be in accordance with applicable law and with the individual’s consent, unless the ...
House GOP leaders and Republicans from high-tax states appear to be near an agreement on the state and local tax deduction. That's according to people familiar with the discussions.