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		<title>The Payroll Resource </title>
		<link>http://www.thepayrollresource.com/</link>
		<description></description>
		<language>en-us</language>
		<lastBuildDate>Wed, 08 Sep 2010 18:20:27 CDT</lastBuildDate>
		<webMaster>webmaster@thepayrollresource.com (Webmaster)</webMaster>
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			<title><![CDATA[Recent Tax Changes Affect Companies Doing Business in Colorado, Massachusetts and Pennsylvania]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1902</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1902</link>
			<description><![CDATA[Effective March 1, 2010, Colorado expanded its sales/use tax to require a
non-Colorado retailer to collect Colorado sales/use tax when it is part of
a controlled group of corporations where one or more of the members has a
physical presence in Colorado. This expansion of tax nexus law has been
tried before unsuccessfully in other states, where it was ruled
unconstitutional. However, this may create a potential tax exposure
for non-Colorado businesses that are members of these controlled
groups.]]></description>
			<pubDate>Mon, 21 Jun 2010 13:21:04 CDT</pubDate>
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		<item>
			<title><![CDATA[IRS Releases Draft Form and Instructions for New Disclosures of Uncertain Tax Positions on Tax Returns]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1905</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1905</link>
			<description><![CDATA[The IRS on April 19 released new information (Announcement 2010-30)
together with draft instructions and a tax return schedule for its
initiative to require corporate taxpayers to report &ldquo;uncertain tax
positions&rdquo; (UTPs) on their returns.]]></description>
			<pubDate>Mon, 21 Jun 2010 13:21:02 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Obama's HIRE Act - Explaining the Tax Provisions]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1904</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1904</link>
			<description><![CDATA[President Obama signed the Hiring Incentives to Restore Employment Act (the
HIRE Act) on March 18, 2010. The HIRE Act provides $18.6 billion in tax
provisions including $13 billion in tax breaks for hiring and retaining
qualified workers. Additionally, the HIRE Act increases the expensing
limitations under Section 179 of the Code for 2010 and expands the Build
America Bonds program.]]></description>
			<pubDate>Mon, 21 Jun 2010 13:21:01 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Corporations: Good Time for Tax-Wise Transactions]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1903</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1903</link>
			<description><![CDATA[With the passage of the massive healthcare bill, odds are the current
taxpayer-friendly picture will only last through the end of this year.
Unless Congress takes action to extend the status quo, higher taxes on
dividends and long-term gains will kick in on January 1, 2011, when the
&quot;Bush tax cuts&quot; are scheduled to expire.]]></description>
			<pubDate>Mon, 21 Jun 2010 13:20:59 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Exercise Diligence When Seeking Voluntary Disclosure and Settlement of Unclaimed Property Liabilities]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1885</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1885</link>
			<description><![CDATA[Caution:&nbsp;Don't expect a state to routinely
accept a Voluntary Disclosure Agreement (VDA) and settlement of your
outstanding unclaimed property liabilities without question or audit. A
number of states, including Delaware, provide VDA programs for holders
with unclaimed property liabilities. However, the recent settlement of a
case in Delaware Chancery Court illustrates holders must exercise caution
and perform their own due diligence prior to participating in these
programs.]]></description>
			<pubDate>Fri, 11 Jun 2010 11:35:41 CDT</pubDate>
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		<item>
			<title><![CDATA[Get Ready for Onerous New 1099 Reporting Rules]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1884</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1884</link>
			<description><![CDATA[Businesses and not-for-profit organizations are accustomed to IRS rules
that require them to report certain payments on annual Form 1099
information returns. However, the recently enacted healthcare law imposes
surprising new Form 1099 reporting requirements. Complying with them may
add significantly to your organization's paperwork burden. While the new
rules don't apply to payments made before 2012, it's not too early to
start gearing up to deal with them.]]></description>
			<pubDate>Fri, 11 Jun 2010 11:35:38 CDT</pubDate>
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		<item>
			<title><![CDATA[Federal Reserve Publishes Rules Implementing Provisions of the CARD Act Relating to Gift Cards, Gift Certificates and Prepaid Cards]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1883</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1883</link>
			<description><![CDATA[The Federal Reserve Board has published final rules implementing the
provisions of the Credit Card Act of 2009 relating to gift cards, gift
certificates and &quot;general use prepaid cards.&rdquo; The rule applies
to all covered products sold or issued to a consumer on or after August
22, 2010.]]></description>
			<pubDate>Fri, 11 Jun 2010 11:35:36 CDT</pubDate>
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		<item>
			<title><![CDATA[House Approves Revised Extender Package with Expanded Offsets; Senate Action is Expected in June]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1882</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1882</link>
			<description><![CDATA[The House has voted (215 to 204) to approve legislation (H.R. 4213) to
extend a number of popular existing tax incentives, continue benefits for
the unemployed and extend the time for correcting certain pension
shortfalls. Over $44 billion in new taxes would be used to offset a
portion of the cost of these provisions.]]></description>
			<pubDate>Fri, 11 Jun 2010 11:35:34 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Gainsharing or Profit Sharing? Choose the Right Tool for Your Organization - Part 1]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1789</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1789</link>
			<description><![CDATA[Many people who confuse Profit Sharing and Gainsharing view them as being one in the same. Employees have an opportunity to earn a financial reward under both approaches, but that is where the similarity ends. I find many companies that install a Profit Sharing plan have selected the wrong tool and quickly become disappointed that they have been unable to foster a change in behaviors or to drive improvements in company performance.]]></description>
			<pubDate>Wed, 19 May 2010 11:49:46 CDT</pubDate>
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		<item>
			<title><![CDATA[Gainsharing or Profit Sharing? Choose the Right Tool for Your Organization - Part 2]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1818</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1818</link>
			<description><![CDATA[Article one of this two part series focused on Profit Sharing and how it is often confused with Gainsharing.&nbsp; The history and purpose of &nbsp;Profit Sharing was explored as well as the delivery of Profit Sharing in the form of either compensation or as a benefit.&nbsp; The appropriate organization climate and culture for Profit Sharing was also discussed.&nbsp; The focus of article 2 is Gainsharing, what it is, how it evolved, and how it might best serve and organization.]]></description>
			<pubDate>Mon, 19 Apr 2010 13:34:02 CDT</pubDate>
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		<item>
			<title><![CDATA[The Importance of Payroll Training]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1546</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1546</link>
			<description><![CDATA[Payroll training is something which should be undertaken by those directly working in or with the payroll department. Do you or your business need to do a refresher course? Or are you just starting out in business and need a quick crash course in successful payroll? Either way, you can not go wrong with a training course. So what is payroll and why is it important to keep up to date with the latest product updates, techniques and legislation about yourl requirements? Let's find out...]]></description>
			<pubDate>Mon, 30 Nov 2009 11:34:08 CST</pubDate>
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		<item>
			<title><![CDATA[Compensation issues in Texas for departing employees]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=3560</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=3560</link>
			<description><![CDATA[In the current economy, many employees are losing their jobs from company-wide reductions in force.&nbsp; While this topic is never pleasant, there are some basic paycheck rules companies should follow in Texas while navigating these issues.&nbsp; These issues have arisen much more frequently with unemployment rising.]]></description>
			<pubDate>Tue, 29 Sep 2009 12:54:05 CDT</pubDate>
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		<item>
			<title><![CDATA[IRS Voluntary Disclosure Program Update]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1653</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1653</link>
			<description><![CDATA[On August 19, 2009, the Internal Revenue Service (IRS) and the U.S.
Department of Justice announced a settlement agreement with UBS regarding certain
accounts held at the bank by U.S. persons. The offshore voluntary
disclosure program announced in March 2009 is scheduled to expire on
September 23, 2009. IRS Commissioner Doug Shulman has stated there is no
&quot;present intent&quot; to extend this deadline.]]></description>
			<pubDate>Mon, 21 Sep 2009 12:29:46 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Accounting Firm Found Not Liable to an Investor Claiming "Indirect Reliance" on an Audit Report]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1654</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1654</link>
			<description><![CDATA[In Imprimis Investors, LLC v. KPMG Peat Marwick, LLP, 69 Mass.
App. Ct. 218 (2007), the Appeals Court dealt for the first time with the
issue of whether an investor could &ldquo;indirectly rely&rdquo; on an
audit report in making its decision to invest in a company. Imprimis
Investors, LLC (&rdquo;Imprimis&rdquo;) claimed they relied on a final
signed audit report and an unqualified opinion prepared by KPMG Peat
Marwick, LLP (&ldquo;KMPG&rdquo;) when making their decision to invest in
First New England Dental Centers, Inc. (the &ldquo;company&rdquo;). They
also claimed the company&rsquo;s financial statements, which were audited
by KPMG contained a number of specific and material misrepresentations and
omissions.]]></description>
			<pubDate>Mon, 21 Sep 2009 12:29:31 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[How to Use QuickBooks For Job Costing - Setting Up Payroll]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1639</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1639</link>
			<description><![CDATA[Many companies believe that setting up payroll in QuickBooks for job costing is frustrating and difficult. It's true that there are several steps that need to be taken in order for payroll to flow properly to the job costing reports, especially if you want to include payroll taxes and benefits, but the step-by-step instructions below will help guide you through the setup.]]></description>
			<pubDate>Thu, 10 Sep 2009 11:57:32 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Eligibility Requirements for Social Security Programs]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1617</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1617</link>
			<description><![CDATA[United States Social Security is a social insurance program that is funded through payroll taxes called Federal Insurance Contributions Act (FICA). The main part of the program can be abbreviated as OASDI or Old Age, Survivor, and Disability Insurance. There are different requirements for social security eligibility in each program. Here is a general guideline to know your eligibility on each social security program.]]></description>
			<pubDate>Thu, 27 Aug 2009 07:22:33 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Employers Responsible for Filing W2/W3 Forms]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1614</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1614</link>
			<description><![CDATA[Employers are required to file W-2 Forms (Wage and Tax Statements) for each of their employees. Employees whom have had income, Social Security and Medicare taxes withheld from their pay. A W-3 form is required to be filed with the W-2 Forms. A W-3 Form is a transmittal summary. This form gives a total amount and number of the W-2 forms being filed. W-2/W-3 forms are filed with the Social Security Administration not the Internal Revenue Service. At this time the SSA requires any employer filing more than 250 W-2 Forms to file those forms electronically versus mailing paper forms. When generating W-2 forms it is your responsibility to make sure the name and number of each employee matches. SSA does have a social security number verification system.]]></description>
			<pubDate>Thu, 27 Aug 2009 07:13:26 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Federal Meddling With State Unemployment Systems]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=3526</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=3526</link>
			<description><![CDATA[The national unemployment rate recently hit 9.5 percent, and an estimated 7.2 million jobs have been lost since the recession began in December 2007. Several states' unemployment funds are now insolvent and borrowing money from the federal government. President Obama recently acknowledged that unemployment is likely to get worse, hitting double digits, before it gets better.]]></description>
			<pubDate>Wed, 05 Aug 2009 11:52:42 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Looking for a way to cut expenses: Consider the use of paycards and electronic pay stubs]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=3523</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=3523</link>
			<description><![CDATA[What are paycards?&nbsp; As an alternative to the costs and effort associated with the traditional paycheck, many American employers are discovering the value of paycards, that allow them to pay all employees - even those without bank accounts - electronically.&nbsp; Paycards, a growing trend in payroll management, are electronic cards that look similar to an ATM or credit card and are loaded with an employee's earned wages each payday.&nbsp; Because the earned wages are loaded onto the paycard electronically, employees have immediate access to their pay and do not have to jump through the hoops associated with cashing a traditional paycheck.]]></description>
			<pubDate>Tue, 04 Aug 2009 16:07:30 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Thinking outside the box to increase low-income employee participation in 401(k) plans]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=3510</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=3510</link>
			<description><![CDATA[Suppose you're a plan sponsor that wants to increase 401(k) participation among your low income employees, what do you do? You know, of course, that employee financial education programs by themselves are not enough to influence a change in employee behavior. You might consider automatic enrollment about which I've written about before.]]></description>
			<pubDate>Tue, 28 Jul 2009 00:00:00 CDT</pubDate>
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		<item>
			<title><![CDATA[It's Bond. Fidelity Bond ... Revisited]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=3512</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=3512</link>
			<description><![CDATA[Whether your preference is Sean Connery, George Lazenby, Roger Moore, Timothy Dalton, Pierce Brosnan, or now Daniel Craig, the James Bond character has been used in the longest running and most financially successful English language film franchise to date. The Bond movies started in 1962 with Dr. No. For us ERISA people, our Bond originated in 1974 with the passage of ERISA which required that retirement plans be covered by a fidelity bond.]]></description>
			<pubDate>Mon, 27 Jul 2009 00:00:00 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[2009 FMLA Revisions]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=3511</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=3511</link>
			<description><![CDATA[In January 2008, President Bush signed into law the first-ever amendments to the Family and Medical Leave Act (FMLA) and on November 17, 2008, the Department of Labor (DOL) published its final rule on the implementation of these amendments.&nbsp; The amendments went into effect on January 16, 2009.]]></description>
			<pubDate>Sun, 26 Jul 2009 00:00:00 CDT</pubDate>
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		<item>
			<title><![CDATA[7 Things Small Business Owners Should Know About Payroll Tax Problems]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1558</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1558</link>
			<description><![CDATA[Past due payroll taxes can cause you to lose your business and in some cases, your freedom. The IRS is focusing increased tax compliance efforts on small businesses so it is important to know the common payroll tax audit triggers and learn how to avoid severe IRS penalties, huge tax debt and federal criminal investigation.]]></description>
			<pubDate>Fri, 24 Jul 2009 09:27:14 CDT</pubDate>
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		<item>
			<title><![CDATA[Legal Writing - What Makes For Good Legal Writing (Hint - It is Not Primarily About Technique)]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1548</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1548</link>
			<description><![CDATA[What constitutes good legal writing? The question itself comes off as oxymoronic. In the popular mind, lawyers are known for polysyllabic prose and unrelenting bombast. Examples of bad lawyer writing abound - in legal briefs, lawyer letters, legislative enactments, administrative regulations, and lawyer-driven political discourse. These serve as a treasure trove of material on what not to do for those promoting good writing. One marvels at how mercilessly language can be mutilated.]]></description>
			<pubDate>Thu, 23 Jul 2009 16:01:16 CDT</pubDate>
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		<item>
			<title><![CDATA[How to Stay Compliant With Business and Payroll Taxes]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1547</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1547</link>
			<description><![CDATA[Federal law requires individuals to pay taxes on their income. To ensure collection of individual income taxes, the government requires employers to withhold, and send to the government, a portion of paychecks for certain types of employees. For each of these "W-2" type employees, the employer withholds a calculated part (based on the amount of income and the number of exemptions the employee claims) of each paycheck. The employer holds these withholdings "in trust" and then sends the funds to the government.]]></description>
			<pubDate>Thu, 23 Jul 2009 15:54:48 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[US Department of Labor Revises Certified Payroll Reporting Requirements For Form WH-347]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1545</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1545</link>
			<description><![CDATA[Effective January 18, 2009 Prime/General contractors and subcontractors who perform work on federally funded construction projects are no longer required to display the home address and social security numbers of employees on the certified payroll report form WH-347 that they submit; instead you are now required to display the employees full name and the last 4-digits of his/her social security number as follows XXX-XX-1234.&nbsp; This revision was established to better protect worker privacy and the possibility of identity theft.]]></description>
			<pubDate>Thu, 23 Jul 2009 15:52:21 CDT</pubDate>
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		<item>
			<title><![CDATA[How to Allocate Payroll Taxes in QuickBooks]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1544</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1544</link>
			<description><![CDATA[New payroll items are mapped to an expense account in QuickBooks called Payroll Expenses, but you can edit your payroll items so they post to any expense account you wish.&nbsp; However, each payroll item can only be mapped to one expense account which causes problems when you want to allocate field labor to cost of goods sold and admin labor as a regular expense.&nbsp; You can get around this by establishing two payroll items for each of your payroll expenses - one mapped to a cost of goods sold account, another mapped to a payroll expense account - with one important exception, payroll taxes.]]></description>
			<pubDate>Thu, 23 Jul 2009 15:51:41 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[The Ins And Outs Of Making Payroll Easier]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1543</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1543</link>
			<description><![CDATA[I've decided to dedicate the month of June's posts to payroll. Typically whenever you mention payroll to a small business owner, immediately they cringe at the idea of having to pay payroll taxes. And of course, the complexities of taxes don't make the situation easier to bare. Then what's the solution? Well, the solution to make this whole process easier can be three fold.]]></description>
			<pubDate>Thu, 23 Jul 2009 15:48:12 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[New York Enacts a New Payroll Tax]]></title>
			<guid>http://www.thepayrollresource.com/articles/view.php?article_id=1475</guid>
			<link>http://www.thepayrollresource.com/articles/view.php?article_id=1475</link>
			<description><![CDATA[As of March 1, 2009 The Metropolitan Commuter Transportation Mobility Tax (MCTMT) has imposed a new payroll tax on certain employers and self-employed individuals engaging in business within the Metropolitan Commuter Transportation District (MCTD). The MCTD includes New York (Manhattan), Bronx, Kings (Brooklyn), Queens, Richmond (Staten Island), Rockland, Nassau, Suffolk, Orange, Putnam, Dutchess, and Westchester counties. This tax will be administered by the New York State Tax Department, and the proceeds from this tax will be distributed to the Metropolitan Transportation Authority.]]></description>
			<pubDate>Tue, 30 Jun 2009 07:47:17 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[FMLA Leaves of Absence]]></title>
			<guid>http://www.thepayrollresource.com/reports/view.php?whitepaper_id=63</guid>
			<link>http://www.thepayrollresource.com/reports/view.php?whitepaper_id=63</link>
			<description><![CDATA[The Family and Medical Leave Act of 1993 ("FMLA") is a federal law which entitles eligible employees to take up to twelve (12) weeks of unpaid, job-protected leave in a twelve-month period for certain family or medical reasons.]]></description>
			<pubDate>Wed, 26 Aug 2009 16:26:16 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[ERISA Overview and Claims for Benefits and Litigation]]></title>
			<guid>http://www.thepayrollresource.com/reports/view.php?whitepaper_id=50</guid>
			<link>http://www.thepayrollresource.com/reports/view.php?whitepaper_id=50</link>
			<description><![CDATA[The threshold issue to address in determining whether ERISA, which stands for the Employee Retirement Security Income Act of 1974, 29 U.S.C. &sect;&sect; 1001, et seq., governs employee benefit plans or claims is to determine whether or not a "plan" exists within the meaning of the ERISA statute. It has been my experience that the issue as to whether or a "plan" exists under ERISA surfaces most frequently when an employer/defendant asserts that state law claims relating to the benefits at issue are preempted by ERISA. This manuscript will address ERISA preemption below, but a preliminary discussion of ERISA plans is essential to an understanding of when ERISA is applicable to a particular claim for benefits.]]></description>
			<pubDate>Thu, 23 Jul 2009 11:58:44 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Exempt vs. Non-Exempt Status]]></title>
			<guid>http://www.thepayrollresource.com/reports/view.php?whitepaper_id=49</guid>
			<link>http://www.thepayrollresource.com/reports/view.php?whitepaper_id=49</link>
			<description><![CDATA[On April 20, 2004, the DOL announced its final overtime pay Regulations that substantially changed the criteria for overtime exemptions under the FLSA, effective August 23, 2004. According to DOL, these Regulations, called the "fair pay rules," were expected to expand overtime eligibility to an additional 6.7 million workers. Many of those workers (approximately 1.3 million) were expected to be entitled to overtime because their salaries were below the minimum salary level for exempt status.]]></description>
			<pubDate>Thu, 23 Jul 2009 11:56:54 CDT</pubDate>
		</item>
		<item>
			<title><![CDATA[Payroll Recordkeeping Requirements]]></title>
			<guid>http://www.thepayrollresource.com/reports/view.php?whitepaper_id=48</guid>
			<link>http://www.thepayrollresource.com/reports/view.php?whitepaper_id=48</link>
			<description><![CDATA[The FLSA requires that nonexempt employees receive the minimum wage for all hours worked in a "workweek." A workweek is defined in the Regulations as any seven consecutive 24 hour periods. C.F.R.&sect;778.105. An employer can decide the day that the workweek begins and may depart from the traditional Sunday through Saturday workweek if it desires. For example, an employer who wants to put both weekend days in the same workweek could start the workweek on Monday morning and end Sunday night.]]></description>
			<pubDate>Thu, 23 Jul 2009 11:55:31 CDT</pubDate>
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