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Payroll Deduction Do's and Dont's

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Employers must navigate complex rules when it comes to payroll deductions. Failing to withhold or deduct correctly can lead to serious consequences. Understanding federal and state mandates, as well as voluntary deductions, is crucial. It is important to be aware of FLSA regulations on business expenses, especially for lower-wage workers. Knowing what can be taken out of pre-tax income and potential pitfalls with deductions is essential. Employers can face penalties, interest, and employee debts if mistakes are made. Compliance with FLSA rules is necessary to avoid fines from the Dept of Labor. Many states have stricter regulations on deductions, and understanding wage garnishments versus levies is important. Mark Schwartz offers a comprehensive overview of payroll deduction best practices.

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Jun 2024


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ComplianceIQ USA1234 Total Events
EditionJun 2024

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