In a recent Michigan Employer Advisor article, the Michigan Unemployment Insurance Agency reminds employers that they are required to post notice to employees about unemployment benefits available from the UIA. If your business is in the State of Michigan and has one or more employees, you are required to post notice regarding employment rights and […]
Archives for June 2016
Record Keeping Guidelines
We often get asked by clients how long to keep their paper records. Here’s a good list: Three Years (from Date of Filing Return or Due Date of Return, Whichever Is Later) Bank deposit slips Cancelled checks Daily sales records Entertainment records Expense reports Paid vendor invoices Written acknowledgment from charity for contributions of $250 […]
New White Collar Employee Overtime Regulations
The United States Department of Labor recently issued a new overtime regulation related to white collar employees. The new regulation changes the requirements of an employee to be considered exempt or nonexempt from time-and-a-half overtime pay. There are three requirements to being considered exempt from overtime pay (all must be met): Salary Level Test- The […]