Author Archives: Advanced Payroll Solutions

  1. Federal Per Diem Rates Updated for Fiscal Year 2016

    By:
    Date Published:
    Categories:

    The General Services Administration has issued its annual updated list of federal maximum per diem rates for travel to locations within the continental United States, effective for travel undertaken on or after October 1, 2015. The standard lodging and M&IE rates have been changed. Use this link for instructions and to download the rates for each state and locality by name and zip code. http:/…Read More

  2. Proposed regulations change exemption rules for ‘white collar’ employees

    By:
    Date Published:
    Date Modified:
    Categories:

    The U.S. Department of Labor has issued a notice of changes in regulations which would alter the rules as to which executive, administrative and professionals are exempt from overtime pay. The Department last updated these regulations in 2004, and the current salary threshold for exemption is $455 per week ($23,660 per year). The threshold would be changed to about $921 a week or $47,892 a year. S…Read More

  3. OhioBWC Offers videos and information about new Prospective Billing program

    By:
    Date Published:
    Date Modified:
    Categories:

    As part of their ongoing efforts to modernize operations and provide better service to Ohio's employers, OhioBWC will be transitioning to a new prospective billing system beginning July 1, 2015 for private employers. Prospective billing is an insurance industry standard practice that enables Ohio to collect premiums before extending coverage. Use the link below for more information and videos expl…Read More

  4. What is Prospective Billing?

    By:
    Date Published:
    Date Modified:
    Categories:

    The Ohio Bureau of Workers' Compensation will be transitioning to a new prospective billing system beginning July 1, 2015 for private employers and Jan. 1, 2016 for public employer taxing districts.   Prospective billing is an insurance industry standard practice that will enable Ohio to collect premiums before extending coverage to employers. Ohio is hoping that their costs will be lowered a…Read More

  5. Employment Verification Required for Business Owners

    By:
    Date Published:
    Date Modified:
    Categories:

    Question: As the owner of a business, am I required to complete a Form I-9, Employment Eligibility Verification? Answer: Form I-9 requirements are triggered by the hire of an individual for employment in the United States. A “hire” is the actual commencement of employment of an employee for wages or other remuneration. If the owner is also an employee of the company and receiving payroll, they…Read More

  6. Changes to IRS Payroll Regulations for 2015

    By:
    Date Published:
    Date Modified:
    Categories:
    Tags:

    Consider the following IRS changes that may affect payroll deductions: Beginning on Jan. 1, 2015, the Internal Revenue Service standard mileage rates for the use of a car, van, pickup or panel truck will be: 57.5 cents per mile for business miles driven, up from 56 cents in 2014 23 cents per mile driven for medical or moving purposes, down half a cent from 2014 14 cents per mile driven in service …Read More