10/30/2011
Most states have regulations regarding the timing of when employers have to pay employees when a termination occurs. Often, there is a difference in that timing when it involves an employee who quits versus an employee who is fired by the employer.
10/30/2011
The IRS has yet to release the 2012 percentage method and wage-bracket withholding tables. It did, however, release the 2012 inflation-adjusted withholding allowance amounts and the amounts employees can defer from their pay for qualified transportation fringe benefits. Also unsettled is the Social Security tax rate for 2012.