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2018 Changes to Qualified Transportation Fringe Benefits

The Tax Cuts and Jobs Act signed into law by the President on December 22, 2017 made changes to Qualified Transportation Fringe Benefits that effect employers and employees. Employers can no longer deduct the expenses for providing tax-free qualified transportation fringe benefits to employees, unless the employer treats the transportation fringe benefit as taxable W-2 …

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Rollout of “Oregon Saves” begins

Oregon Saves is a new state-sponsored program that provides a vehicle for employees to save for retirement. This program applies to all employers who don’t already offer a retirement plan to their employees. Eligible employers will need to implement on the following timeline: more than 100 employees: enroll in October 2017, start participating November 15th, …

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Washington Minimum Wage

The minimum wage in Washington State is $11.00 per hour in 2017.  This minimum wage applies to all jobs, including agriculture. Employers must pay employees age 16 and older at least $11.00 per hour in 2017. Employers are allowed to pay 85% of the minimum wage to employees under age 16. For 2017, this equates …

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Oregon set to raise its minimum wage

Oregon will soon see a three-tiered incremental minimum wage increase. Beginning July 1, 2016, the minimum wage in Oregon will increase at three different rates depending on location within the state. Employers in Portland’s Urban Growth Boundary will see the largest annual increases, while employers in frontier counties will see the smallest. The annual breakdown …

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An overview of OSHA

On December 29, 1970, Richard Nixon signed the Occupational Safety and Health Act into law, calling it “probably one of the most important pieces of legislation” ever passed by Congress. In a nutshell, the Act says workplaces must be “free from recognized hazards that are causing or are likely to cause death or serious physical …

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New updates to FLSA White Collar exemption

Following a directive from President Obama, the Department of Labor has proposed changes to the federal Fair Labor Standards Act (FLSA) rules regarding the executive, professional, and administrative exemptions (also called the white collar exemptions). Under the proposed rule, the annual salary requirement for a white collar exempt employee would more than double to approximately …

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Oregon ORWBF is not Workers Compensation Insurance

Time 4 Payroll would like to remind all employers in Oregon that, although you are required to be covered under Workers Compensation Insurance, the ORWBF that you see in payroll reports and paystubs is NOT workers compensation insurance.  ORWBF is simply a payroll tax that is applied to all employees that are required to be …

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IRS Expands Voluntary Worker Classification Program

The IRS just announced the expansion of its Voluntary Worker Classification Settlement Program (VCSP).  This program is a sort of amnesty that allows employers who are paying employees as 1099 contractors, who should really be paid as employees per the criteria normally accepted by IRS and state regulators. The advantage of this program is that …

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Final paychecks

Be sure you know your state’s rules for delivering a final paycheck when someone leaves your employment.  Not following the rules can put your company at risk of penalties for violating the final paycheck laws, and if a former employee sues you, you could be required to pay for their attorney’s fees as well as …

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