Finance

Track the Differences between Salary and Hourly Payment Now
29 Mar

Track the Differences between Salary and Hourly Payment Now

Norma NeumanFinance
If an employee works more than 40 hours in a workweek, they may be entitled to overtime compensation. Hourly workers are compensated on the basis of the amount of hours they put in. But, salaried workers always get paid the same amount of money, no matter how long they work during peak periods. How Does a Salary Compare to Hourly Pay? Non-exempt employees are hourly workers who are entitled to overtime compensation under the Fair Labor Standards Act (FLSA), a theory adopted by the United States Department of Labor. "Exempt" employees, on the other hand, are hourly workers who are…
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IRS Math Error Notice – A Complete Overview
17 Feb

IRS Math Error Notice – A Complete Overview

Clare LouiseFinance, ,
Receiving a notice from the Internal Revenue Service (IRS) can be a stressful experience, particularly if it's related to an error in your tax return. One such notice that taxpayers may receive is the IRS math error notice. This notice is sent out when the IRS identifies a discrepancy between the numbers on your tax return and the information they have on file. If you've received an IRS math error notice 2021, it's essential to understand what it means, how to respond, and what you can do to prevent it from happening again in the future. Here's a complete overview…
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