Search found 2 matches

by chutcherson
Tue Jul 08, 2025 4:16 pm
Forum: Accounting
Topic: Overtime for 2025
Replies: 1
Views: 6313

Overtime for 2025

How should I post overtime in 2025 in light of the new bill that recently passed, that if I understand correctly is retroactive to Jan 1, 2025? Specifically, it must be reflected on the employee's w2. We pay non exempt employees a salary, and if they work over 40 hours in a week, then also overtime....
by chutcherson
Thu Dec 28, 2023 1:03 pm
Forum: Accounting
Topic: Non Cash Compensation in Payroll
Replies: 1
Views: 8000

Non Cash Compensation in Payroll

Our senior pastor will be retiring and the church would like to gift him his car (owned by the church/driven by the pastor). How do I process this non cash item in payroll and withhold required taxes?