How Are Tips Taxed?

NJ Enacts New Tax for High Earners

The New Jersey Division of Taxation recently signed off on a new tax rate of 10.75% on individuals with an income over $5 million. The new rate is applied to $5,000,000 in income regardless of filing status (ex: single, married, etc). The new rate is certain to generate more tax revenue for the state. It also gives New Jersey the distinction of having the third highest top-income tax rate in the United States—slightly behind Hawaii’s 11% (for income over $200,000) and California’s 13.3% (imposed on income over $1 million).
 

What Is Paid ‘Safe Time?’

Whether they’ve caught the flu or are welcoming an addition the family, paid leave benefits give workers a chance to recoup without forgoing pay. Traditionally, illness and childbirth have been the two main criteria for determining eligibility.
 

Lawmakers Working on ‘Tax Reform 2.0’

Call it a case of legislative déjà vu. A potential follow-up to 2017’s historic Tax Cuts and Jobs Act (TCJA) could throw HR and payroll professionals for a loop later this year.

New York Set to Expand Paid Leave Eligibility

While federal lawmakers debate the merits of paid leave in Washington, the Empire State is working on ways to make its existing program even more generous.
 

What Kavanaugh’s Supreme Court Nomination Means for HR

Earlier this month, President Trump announced his latest pick to sit on the Supreme Court: Judge Brett M. Kavanaugh. The nomination, which has garnered praise from Republicans and derision from Democrats, could preserve the Supreme Court’s conservative bent for decades. If confirmed, he would fill the seat left vacant by the retiring Justice Anthony Kennedy.
 

USCIS to Pursue Deportation for Denied Work Permits

U.S. Citizenship and Immigration Services (USCIS) has instituted a new policy in which it will place certain workers into deportation proceedings if their work permit extension requests are denied.
 

How to Make Sense of Employee Paystubs

Every few weeks, employees receive a slip of paper that details their health insurance premiums, year-to-date 401k contributions, and even vacation and sick time balances. It sounds like the dream HR document, one that’s practical for employees and one that businesses can use to demonstrate value.

Massachusetts Passes Historic Minimum Wage, Paid Leave Law

Move over, California. With a flurry of legislative activity last month, Massachusetts has joined the select few states with both a $15 minimum wage and paid family leave program.
 

Navigating Immigration Compliance in the Trump Era

The field of human resources is changing. In our HR Redefined series, we give innovators and experts a medium to share personal reflections, professional advice, and best practice guidance.