IRS NEWS FOR BUSINESSOctober 2019 UPCOMING WEBINARS Oct 10: Relief Procedures for Certain Former Citizens Oct 17:An Overview of the Foreign Tax CreditTax Obligations of U.S. Individuals Living and Working Abroad Oct 22: Understanding the 2020 Form W-4 and How to Use it to Compute Withholding Oct 24: Tax Security 2.0 - A “Taxes - Security - Together” Checklist To register, see Webinars for Small Businesses. EMPLOYERS AND BUSINESS OWNERS Employers: Keep employees
Announcements & Upcoming Events: The hive@Central (Burton Barr Library) offers a series of small business workshops as part of their Financial and Tax Series, designed to help the small business owner understand and fulfill their federal tax responsibilities. These monthly workshops are currently offered at various locations around the valley. For a list of upcoming workshops, check out https://www.irs.gov/businesses/small-businesses-self-employed/small-business-tax-workshops-and-webinars or go
On September 24, 2019, the U.S. Department of Labor announced a final rule to make 1.3 million American workers newly eligible for overtime pay.
The final rule updates the earnings thresholds necessary to exempt executive, administrative and professional employees from the Fair Labor Standards Act’s (FLSA) minimum wage and overtime pay requirements and allows employers to count a portion of certain bonuses/commissions towards meeting the salary level. The new thresholds account for growth in employee earnings since the thresholds were last updated in 2004. Under currently enforced law, employees with a salary below $455 per week ($23,660 annually)
You are invited to have a table during Benedictine University Mesa’s annual Fall Career Fair on Wednesday, October 23rd, from 12 pm – 2 pm, to share your opportunities with, and recruit potential candidates from, our talented pool of students, soon-to-be graduates, and alum. This event is an opportunity for our undergraduate students at all levels, and in all degree programs, to connect with companies and organizations that are looking to fill various types of opportunities, including internships &
Improved tool on IRS.gov helps taxpayers check their withholdingTax Reform Tax Tip 2019-106August 7, 2019 All employees should make sure their employers are withholding the correct amount of tax from their paychecks. The best way for employees to do this is to use the new IRS Tax Withholding Estimatoron IRS.gov. The IRS just launched this improved tool to help taxpayers check their withholding by doing a Paycheck Checkup. This lets the employee check to see if their employer is taking enough tax from
Resource Leadership Group helps businesses create more effective teams - enhancing individual and collaborative skills. They specialize in workshops and retreats for leadership and organizational development, with the goal of helping organizations capitalize on their vision and move closer to reaching their goals. Using a variety of assessments, they profile individuals to provide keen insight into team dynamics for improved communication effectiveness and increased productivity – both in soft skills