The Treasury Department and the IRS are working to incorporate changes into the Form W-4, Employee’s Withholding Allowance Certificate, for 2020.The revised form implements changes made following the 2017 Tax Cuts and Jobs Act, which made major revisions affecting...
Michigan’s Governor Whitmer wants to create a rule that would increase the exempt salary threshold for a worker to be eligible for overtime pay to $51,000. The new federal rate, set to take effect January 1, 2020 is $35,568. Up $11,968 from the current level of...
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