Tax Day 2024 and How to Get an Extension from the IRS
Tax Day is on Monday, Apr 15, 2024. Not ready to file? Submit an electronic request to the IRS for an extension ASAP!
Almost 82 million Americans have experienced an issue when being paid.
The U.S. Bureau of Labor Statistics estimates 152.08 million people are employed in America – as of January 2017. A study conducted by the Workforce Institute at Kronos reveals around 82 million of these gainfully employed citizens have experienced some type of error with a paycheck. Issues such as technology (or lack of), or employers failing to comply with federal laws, and employees simply missing a punch are factors behind the staggering number. For those living paycheck to paycheck, around 58% of Workforce’s survey respondents, this can cause serious headache. As unemployment lowers, employers are trying to retain employees more than ever - paying them their correct wages and making sure their employees understand their paystub are integral. What else did the survey reveal about paycheck errors? Here are some main takeaways:
Other interesting facts:
Have you ever experienced a paycheck issue?
Tax Day is on Monday, Apr 15, 2024. Not ready to file? Submit an electronic request to the IRS for an extension ASAP!
IRS has updated tax brackets for 2024. See how this affects your first paycheck this year!
Check out the updated 2024 Federal benefit limits for 401(k), HSA, and simple IRA, and more. Stay informed and plan your finances with confidence!