It is important that businesses correctly determine whether individuals that work for them are independent contractors (1099) or employees (W-2). In a nutshell, employers generally do not have to withhold or pay taxes for independent contractors.
Covid Relief Bills
Updated Employer Tax Credits
New Jersey Minimum Wage Increase
Effective January 1, 2021, New Jersey’s general minimum wage will increase to $12 per hour. The minimum base wage for tipped employees will increase to $4.13 per hour.
The following specific minimum wages apply:
COVID Relief Bill: Tax Credits for Paid Leave Extended to March 31
A new $900 billion coronavirus relief bill became law and answers the question of whether federal Emergency Paid Sick Leave (EPSL) and Emergency Family and Medical Leave (EFMLA) will be extended.
USA Payroll Orders Lunch from Schileens Pub for COVID Frontliners
USA Payroll supports Schileens Pub to say "Thank You!" to the Haddon Township Police Department and the nursing staff of the Keleman Building at Cooper Hospital.
USA Payroll and the Coronavirus
Department of Labor’s Wage and Hour Division (WHD) administers and enforces FFCRA. Effective date – April 1st through December 31, 2020. Eligible employees of covered employers are subject to caps.
The Gig Economy: It’s Not Going Anywhere in 2020
35% of U.S. workers are now involved with part-time “gigs” and it looks as if the trend is going to continue into 2020 and beyond. But with that growth, expect new regulations that both protect and limit the use of gig workers.
The Money Behind Going Green
USA Payroll has a great article explaining why companies are choosing to go green. If want to learn more about this new trend visit our blog page!
How Does NJ's Paid Sick Leave Law Affect Me?
USA Payroll has been working with clients to ensure they comply with all of the reporting, tracking and communication requirements of the new paid sick leave law. Here are a few of the most frequently asked questions by New Jersey employers:
