New Federal Wage and Hour Regulations Take Effect

The Wage and Hour Division (WHD) of the U.S. Department of Labor (DOL) underwent several new developments to be effective on May 5, 2011. The developments relate to amendments made to the federal Fair Labor Standards Act (FLSA) and the Portal to Portal Act. Based on...

Social Security Tax Rate Change for 2011

Effective January 1, 2011 the Social Security tax rate was reduced from 6.2% to 4.2% for working individuals. This decrease will replace the Making Work Pay Credit which offered a maximum credit of $400 on tax returns. The new tax benefit will increase an...

2011 IRS Mileage Rate Increase

Effective January 1, 2011, the standard mileage rates for the use of a car (including vans, pickups or panel trucks) is 51 cents per mile for business miles driven, 19 cents per mile driven for medical or moving purposes, and 14 cents per mile driven in service of...
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