Replace Date into the Demand For Extension Of Payment Date

Aug 6th, 2022
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How to Replace Date into the Demand For Extension Of Payment Date

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and today we are talking about tax day seven on your sides Michael Finney is here with me and on a normal year Michael wed be exactly one week away from the deadline right right but right for most of the people here in California taxes arent due for another six months but were still going to talk about it because theres so much to know there is and theres a lot of good reasons to file now oh okay well lets talk about that because right now we want to talk about the extension and what you need to know Larry Pond of pond and Associates joins us now thank you so much for being here we have a lot of questions for you Larry hello Karina Mike all right so first lets talk about that extension because you know so many people have questions about it uh Larry can you tell us who is impacted and what that extension just means overall right so normally taxes are due April 15th and thats been um the rule for for decades well April 15th is Saturday so then we go to the closest Monday which i

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Employers cannot legally withhold your first paycheck. Sometimes employees perceive that a first paycheck is being held when, in actuality, its simply delayed. For example, many companies pay in arrears.
Disadvantages of weekly pay periods: Processing payroll weekly can be much more time-consuming than other approaches. If you use a payroll provider, it can also be expensive if youre billed by the pay run (although many of the best providers have all-in pricing).
Weekly to Biweekly Conversions If youre changing from a weekly to a biweekly pay period, the math is easy. With hourly employees, you continue to pay them for time worked, and for salaried employees, you simply double the amount of their weekly paycheque.
The California Wage Theft Protection Act does require notice within seven days of making a change to a pay date or period, but it has no notice requirements prior to the change.
cipp.org.uk The last working day of the month continues to be the most popular pay day for monthly payrolls at 38.6% followed by 24% who pay on the 25th of the month, 20.5% on the 28th of the month and 19.3% on the 15th of the month.
Changing pay frequency: How. Once youve decided to change your payroll period, its time to make the switch. So, can employers change payroll schedule? Yes, but changing your frequency also means changing payroll dates.

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