Saturday, June 18, 2022

IRS Announces 401(k) Limit Increases To $20,500 For 2022

CHARLOTTE - The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government's Thrift Savings Plan is increased...

Starting Before The Clock…Are You Required to Pay?

CHARLOTTE - YES. If an employee is working before their scheduled shift( examples- but not limited to- answering phone, emails, normal work duties, etc.)...

Employee Holiday Gift Cards and Cash- What to Know

CHARLOTTE - Gift certificates Cash or cash equivalent items provided by the employer are never excludable from income. An exception applies for occasional meal money...

Social Security Wage Base Increases to $147,000 for 2022

CHARLOTTE - On October 13, the Social Security Administration (SSA) announced that the 2022 social security wage base will be $147,000, which is an...

Did You Fill Out Your W-4 Federal Tax Withholding Form Correctly?

CHARLOTTE - As the year of 2021 winds down, more and more employees will be looking into the 2021 tax season. And many will...

Do You Know Your Payroll Provider?

CHARLOTTE - Many employers outsource their payroll and related tax duties to third-party payroll service providers. They can help assure filing deadlines and deposit...

Word Of Mouth and Google Reviews Mean A Lot

CHARLOTTE - Word of mouth is the best form of marketing for many businesses. I know for my payroll business, it is THE reason...

Independent Contractor or Employee?

CHARLOTTE - The wrong classification of workers can cause financial consequences to any business owner and is one of the most important parts of...

S- Corporations and Payroll

CHARLOTTE - Who’s an employee of the corporation? Generally, an officer of a corporation is an employee of the corporation. The fact that an...

Do I Have To Pay My Employees A Minimum Wage?

CHARLOTTE - Welcome to my column! Each week I will be addressing common payroll issues and questions. This is my most asked question aside from...

Featured articles

Celebrating Father’s Day 2022

CHARLOTTE - Father’s Day weekend is right around the corner.  Each year the day is observed on the third Sunday of June.  This year,...

Summer Splurges: Family Fun Starting at $36

CHARLOTTE - Everyone loves a great deal, but summer is also a time to splurge a little on family fun!  The activities described here...

Will The Housing Market Repeat History?

MINT HILL, NC - Many people can still remember what happened in 2008. It might seem like it was forever ago, but it was...

Summer Steals: Family Fun For Under $20

CHARLOTTE - Keeping the whole family entertained for the summer can be daunting, not to mention pricey!  Never fear: The Mint Hill Times has...

Careers In The Trades: Law Enforcement

CHARLOTTE - Law enforcement is certainly a noble career; however, it is challenging and can be a stressful and potentially dangerous career choice. An...