It’s About Payroll

Pay News Update & Commercial!
Walt - Shout out the Olympics
https://nlihc.org/resource/georgia-passes-new-tenant-protection-law-renters-establishing-minimum-habitability
In March 2024, Georgia lawmakers passed "HB404," the "Safe at Home Act," establishing minimum habitability standards for rental properties to ensure they are safe and livable. Signed into law by Governor Brian Kemp in April, this act marks a significant step as Georgia was one of the last states to adopt such protections. Key provisions include:
1. **Duty of Habitability**: Landlords must maintain rental properties in good repair and address maintenance issues.2. **Legal Recourse**: Tenants can sue landlords for failing to keep properties habitable.3. **Security Deposits**: Limits are set on security deposits to a maximum of two months' rent.4. **Eviction Notice**: Landlords must give tenants at least three days' notice before filing for eviction.
The law aims to improve housing conditions and provide better legal protection for renters, particularly benefiting marginalized and low-income households. It will be effective from July 1, 2024, for new or renewed leases.
Brian
https://tax.thomsonreuters.com/blog/payroll-specialist-sheds-light-on-olympic-athletes-tax-withholding-challenges-in-paris-2024/
Taxation is not all the sameAlthough there is a federal income tax exemption for Olympic medal winners earning under a certain threshold, state, local, and international laws may require withholding. “State and local income tax regulations differ,” Valter said.For example, Colorado specifically excludesincome earned as a direct result of winning a gold medal while competing for the United States of America at the Olympic Games from state taxable income. However, California does not conform to the federal law’s exemption and athletes in California who bring home a medal from Paris must report that income for state tax purposes.In addition, athletes may be subject to tax in France as the country appears to retain the right to tax all athlete income directly related to the games.
Walt Summer has arrived, and with it, the perfect opportunity to plan your dream vacation. Whether you're envisioning a relaxing beach getaway or an adventure-packed journey, TimeTrakGO is here to ensure requesting and approving your time off is hassle-free.TimeTrakGO simplifies vacation planning for employees with its intuitive mobile app. Easily check available vacation time, submit requests, and manage everything on the go. For supervisors, approving requests is as easy as a single click upon notification.
BrianEveryone deserves a break, and TimeTrakGO streamlines the process for all. Start your stress-free vacation planning today with a free 14-day trial at timetrakgo.com.  That's www  T-I-M-E-T-R-A-K.  go.com or you can call 8 8 8 3 2 1 9 9 2 2.  Happy vacationing! Let’s Go!
https://www.timetrakgo.com/signmeup?utm_source=SMB24&utm_medium=IAP&utm_id=SBM24

  • Segment 2 – IAYP Employee Experience: (15:00 - 30:00

IAYP
I see what you did now…
Crossover topic Housing. 
What can I do if I’m struggling to pay my rent?
If someone is struggling to pay rent in 2024, several resources and steps can help:
1. **Contact Your Landlord**:
   - **Negotiation**: Communicate with your landlord as soon as possible to explain your situation and negotiate a payment plan or temporary rent reduction.   - **Documentation**: Keep records of all communications and agreements.
2. **Local and State Resources**:
   - **Emergency Rental Assistance Programs**: Many states and local governments offer emergency rental assistance for those affected by financial hardship.     - [U.S. Department of Housing and Urban Development (HUD) - Rental Assistance](https://www.hud.gov/program_offices/comm_planning/rental_assistance)
2. **Nonprofit Organizations**:
   - **The Salvation Army**: Offers emergency financial assistance for rent and utility bills.     - [The Salvation Army - Find Assistance](https://www.salvationarmyusa.org/usn/plugins/gdpr/)   - **United Way**: Provides emergency financial assistance and can connect you to local resources.     - [United Way 2-1-1](https://www.211.org/)
3. **Legal Aid Services**:
   - **Legal Aid Society**: Provides legal assistance to low-income individuals facing eviction.     - [Legal Aid Society - Find Legal Aid](https://www.legalaid.org/)
4. **Government Assistance Programs**:   - **Supplemental Nutrition Assistance Program (SNAP)**: Can help free up funds by providing food assistance.     - [SNAP Benefits Information](https://www.fns.usda.gov/snap/supplemental-nutrition-assistance-program)   - **Temporary Assistance for Needy Families (TANF)**: Provides financial assistance to low-income families.     - [TANF Information](https://www.acf.hhs.gov/ofa/programs/tanf)
5. **Budgeting and Financial Counseling**:
   - **Credit Counseling Services**: Can offer financial advice and help create a budget to manage expenses.     - [National Foundation for Credit Counseling](https://www.nfcc.org/)
6. **Eviction Prevention Tips**:
   - **Know Your Rights**: Understand local eviction laws and tenant rights to ensure fair treatment.     - [Tenant Rights and Responsibilities - HUD](https://www.hud.gov/program_offices/comm_planning/affordablehousing/tenantrights)
Taking proactive steps by seeking assistance and communicating with landlords can help manage rent payments and avoid eviction.













  • Segment 3 – Main Topic


https://www.justice.gov/usao-mdga/pr/former-housing-authority-payroll-clerk-admits-stealing-575k
**Key Takeaways:**
1. **Guilty Plea**: Jennifer Kay Smith, a former payroll clerk at the Milledgeville Housing Authority (MHA), admitted to stealing $575,000 by falsifying her pay records.2. **Charges and Sentencing**: Smith pleaded guilty to federal program theft and faces up to ten years in prison, three years of supervised release, and a $250,000 fine. She is not eligible for parole.3. **Fraud Scheme**: Smith overpaid herself by recording additional vacation and sick leave time, leading to substantial overpayments from January 2021 to August 2022.4. **Investigation and Prosecution**: The case was investigated by the Milledgeville Police Department, HUD Office of Inspector General, and the U.S. Secret Service, with Assistant U.S. Attorney Sean Deitrick prosecuting.
**Prevention Methods:**
1. **Regular Audits**:
   - **Description**: Conduct frequent and random internal audits to review payroll records and identify discrepancies early.   - **Implementation**: Schedule quarterly or semi-annual audits by independent or external auditors to ensure accurate payroll processing.
2. **Segregation of Duties**:
   - **Description**: Separate payroll functions to prevent a single employee from having control over all payroll processes.   - **Implementation**: Assign different employees to handle payroll processing, approval, and record-keeping. Implement a dual-control system where one person enters data and another reviews and approves it.
3. **Automated Payroll Systems**:
   - **Description**: Utilize automated payroll systems with built-in checks and balances to reduce the risk of manual errors and fraud.   - **Implementation**: Invest in payroll software that flags unusual entries, allows for automated calculations, and includes robust access controls.
4. **Regular Training and Awareness**:
   - **Description**: Provide ongoing training for employees on fraud prevention, ethics, and reporting procedures.   - **Implementation**: Host annual training sessions and distribute materials that emphasize the importance of honesty and the processes for reporting suspected fraud.
5. **Whistleblower Protections**:
   - **Description**: Establish and promote clear channels for employees to report suspicious activity anonymously and without fear of retaliation.   - **Implementation**: Create a confidential reporting system and ensure employees are aware of the procedure and protections in place.
6. **Management Oversight**:
   - **Description**: Implement strong oversight by senior management to review and approve payroll and financial transactions regularly.   - **Implementation**: Require periodic reviews of payroll reports by senior managers or a dedicated oversight committee to catch irregularities early.
By integrating these preventive measures, organizations can significantly reduce the risk of payroll fraud and improve overall financial integrity.

What is It’s About Payroll?

Brian Escobar and Walter William Duncan III are the hosts of It’s About Payroll. Collectively, they have over 4 decades of experience in the payroll industry.

This podcast was created with the intent to share their knowledge and attracting new talent to the payroll industry.

You can access their LinkedIn profiles.

https://www.linkedin.com/mwlite/in/escobarbrian

https://www.linkedin.com/mwlite/in/william-duncan-477051187