Typically, overtime pay is included with the wages earned in a regular payday or pay period. Forced overtime work In most states, workers can be “forced” to work overtime by their company. Employers can schedule workers for any shift length or consecutive work days. Additionally, federal...
Ready to pay your taxes? If you think you’ll have a balance due this year, knowing your options will save you money, time, and stress. Here are the most common ways to pay. Credit and debit cards If your federal taxes are prepared with us, you can pay through our authorized third-...
Gross pay amount for the pay period An employer is also responsible forpayroll withholding, which is money taken out of an employee’s gross wages. This money taken is then used to pay the employee’s portion of the payroll taxes to the federal government. There are also payroll deductions—...
Anderson encourages all students to apply for financial aid and ask for help along the way, because he has seen the Pell Grant's impact firsthand and notes that the government has increased the maximum award over time. "I would say the Pell Grant is impactful at any school,"...
The move comes after Monday’s executive order accused former President Joe Biden of forcing “discrimination” programs into “virtually all aspects of the federal government” through “diversity, equity and inclusion” programs, known as DEI. ...
"Shutting down the government is actually a very expensive exercise. Once we shut down the government, we have to furlough people, we have to hold back pay, and then we have to get operations started up again," said Lindsey Cormack. ...
If your employer pays you extra money, outside of your regular salary, the federal government typically treats this as supplemental wages. These wages generally include commissions and bonuses, any severance payments upon termination of your employment, taxable prizes and awards, retroactive pay ...
On March 28, 2023, the federal government tabled its 2023 budget,“A Made-in-Canada Plan: Strong Middle Class, Affordable Economy, Healthy Future”(the “Budget”). Last week, our Tax Group released itscomprehensive Budget commentary. Notably for employers, that com...
“A sustained period of higher energy prices can affect consumer expectations about inflation.” Shutdown On the threat of a government shutdown, Powell also declined to comment on the politics but said it’s hard to say in advance how it might affect the economy. “It would depend on...
The decision comes just hours after a key government inflation report showed that price pressures are slowly easing for consumers— but Fed officials project that this trend is not yet solidified. Central bank officials noted in their new economic forecast that they expect inflation to tick up in...