2022 is right around the corner, and the IRS has released the 2022 W-4. As expected, there are not many changes from the 2021 W-4, but now is a good time to review your withholding status and update your W-4 with your employer – especially if you had any changes in 2021. The 2022 W-4 is available […]
As the calendar turns to 2022, many workers will see an increase in minimum wage in the new year. 26 states have minimum wage increases scheduled for 2022 and 21 of those states have their new rate effective January 1st. The increases can be traced to a few factors including previous ballot initiatives and automatic cost […]
The IRS has set the standard mileage rate for 2022 at 58.5 cents per mile. This is an increase from 56.5 cents in 2021. Per the IRS announcement, “the standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile.” Employers are not required to pay the IRS […]
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