In a few months, the world of overtime pay in the US will change. A new US Department of Labor rule takes effect December 31, 2016, and small businesses, large corporations, and everyone in between are preparing for implementation.
The Internal Revenue Service has issued several warnings about scamming tactics targeted toward taxpayers. Beware of phone, email, text, and social media attempts to obtain your sensitive data.
For 2016, the IRS has announced a decrease in the optional standard mileage rates for business use of a vehicle (car, van, pick-up truck, or panel truck), as well as a decrease for driving for medical or moving purposes.