Overtime rules could bring higher labor costs in the new year

New overtime rules that are expected to go into effect at the first of the year could have a significant impact on employers’ labor costs. There are several components to the final rules issued in September by the U.S. Department of Labor, but the provision that raises the standard salary level for employees to be […]

The tax implications of being a winner

They say you can’t win if you don’t play. Remember, though, if you do win, you will pay – taxes, that is. Winning at gambling Whether you win at the casino, a bingo hall, or elsewhere, you must report 100 percent of your winnings as taxable income. They’re reported on the “Other income” line on […]