BHT&D Certified Public Accountants Blog

Year End Employer Updates: W-2s, 1099s, and Michigan Minimum Wage

Posted by Lori Shepard on Mon, Dec 28, 2020 @ 12:00 PM

Here are a couple quick updates on changes to 1099 non-employee compensation reporting and delay of Michigan minimum wage increase.  Please note important filing dates and related penalties:

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Tags: Small Business Accounting, Michigan Minimum Wage, Compensation, Independent Contractors

2020 DOL Updates for Michigan Employers Re: Overtime and Payroll

Posted by Beth Thomas on Mon, Feb 03, 2020 @ 12:00 PM

Effective January 1, 2020, the Department of Labor updated the thresholds for workers to be considered exempt from overtime. 

Changes were also made to Form W-4, the Michigan minimum wage and the business mileage rate.  Following is a summary of some of the changes employers should be aware of.

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Tags: Michigan Minimum Wage, Compensation, Overtime, Michigan Employer, Overtime Exemption

How Has Michigan's Tipped Employee Minimum Hourly Wage Changed?

Posted by Beth Thomas on Mon, Jan 25, 2016 @ 08:00 AM

Michigan’s minimum wage increased on January 1, 2016 to $8.50 per hour for workers 18 years or older, and to $3.23 per hour for tipped employees.  This increase is part of Public Act 138, the Workforce Opportunity Wage Act, passed May 27, 2014, which gradually increases Michigan’s minimum wage to $9.25 per hour in 2018.

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Tags: Michigan Minimum Wage, Minimum Wage, Small Business

How Will My Business be Affected by the New Michigan Minimum Wage Law?

Posted by Beth Thomas on Fri, Jun 20, 2014 @ 08:15 AM

A new minimum wage law was signed by Governor Snyder on May 27.  Starting this September, the first in a series of increases to the state minimum wage will go into effect. 

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Tags: Michigan Minimum Wage, Minimum Wage