Payroll

April 10, 2014 

You've probably heard about President Obama's push to increase the federal minimum wage from $7.25 to $10.10 per hour. It's the latest of several attempts to increase the federal minimum wage. In addition, several states are following suit with minimum wage legislation of their own. With that in mind, I think now is a good…

James Paille

April 9, 2014 

According to a new study by the American Health Policy Institute (AHPI), it could cost some businesses almost $6,000 extra per employee. The report, “The Cost of the Affordable Care Act to Large Employers.” draws on internal cost data shared with AHPI by over 100 large employers (10,000 or more employees each) doing business in…

Isaac M. O'Bannon

April 6, 2014 

The IRS has been struggling in its efforts to close an estimated $385 billion “tax gap” between the amount that taxpayers owe and the amount they’ve actually paid. Now, to add another crushing weight, it has to ramp up Obamacare activities despite recent budget cutbacks.

Ken Berry, JD

April 4, 2014 

Despite reports of a formal extension circulating in the media, March 31 was the last day that individuals could sign up for health insurance coverage for 2014 under the Obamacare mandate without risking a hefty financial penalty. Or was it?

Ken Berry, JD

April 4, 2014 

With home ownership, job opportunity and retirement security in decline, an Allstate/National Journal Heartland Monitor poll shows that most Americans agree with what the experts have said. Seven in 10 think that tomorrow’s adults – today’s kids – will have less financial security than adults today.

April 3, 2014 

The bill had some unintended consequences, as it struck language from the State Code that kept higher paid workers, as well as some municipal and county employees, from earning overtime.

April 3, 2014 

Following an unusually severe winter that stagnated much economic activity, small and mid-sized business owners in the U.S. are now forecasting sunnier days ahead, at least for the next six months.

Isaac M. O'Bannon

April 3, 2014 

Tennessee Governor Bill Haslam on Monday canceled proposed pay raises for state employees and teachers for the coming year as part of an administration plan for dealing with a revenue shortfall largely due to shrinking business tax collections.

April 2, 2014 

A bill designed to switch new state employees who participate in the Oklahoma Public Employees Retirement System from a defined benefit plan to a 401(k)-style defined contribution plan was approved Tuesday by the state Senate Pensions Committee.

April 2, 2014 

The starkly negative report on the economic health of the nation's largest county, with a population of 10 million, contrasted Los Angeles with nearby suburban counties and with other, more dynamic cities across the nation.

March 28, 2014 

The Internal Revenue Service today reminded taxpayers who turned 70½ during 2013 that in most cases they must start receiving required minimum distributions (RMDs) from Individual Retirement Accounts (IRAs) and workplace retirement plans by Tuesday, April 1, 2014.

March 28, 2014 

Despite recent claims that the deadline for signing up for Obamacare would not be postponed beyond the initial March 31 deadline – the day before April Fool’s Day – the White House has finally caved into the pressure. According to a report in the Washington Post on March 25, the Obama administration is extending the…

Ken Berry, JD