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Companies can stop collecting employees’ payroll taxes starting Tuesday, September 1, after an executive order in early August gave workers a tax holiday.The deferral of payroll taxes applies to employees making less than 4,000 a year. Employees are taxed 6.2 percent that goes toward the Social Security Trust Fund and another 1.45 percent for Medicare.It’s a deferral because the payroll taxes are still due to the IRS by April 30, 2021, which they made clear in new guidance released last week with the US Treasury Department.What this means to employees: It depends on your employer. Starting September 1, employers can stop withholding taxes, but many business leaders have said they will not since the taxes will eventually be due. The decision is up to each company and is not required.If a company stops withholding payroll taxes, employees will have more money in their paychecks through the end of the year. Then on January 1, companies will need to withhold more from paychecks to collect all that is owed in April 2021.For employees making ,000 a year, the elimination of Social Security taxes would result in an extra per paycheck every two weeks. Assuming the employee has eight paychecks left in 2020, that would result in 2 in taxes deferred in 2020, which would be repaid in 2021. For employees making ,000 per year, those figures would be doubled.If an employee leaves their job before all of the appropriate taxes are collected, the guidance only states that companies can "make arrangements to otherwise collect the total applicable taxes from the employee."President Trump has stated he would “terminate” the tax if he was elected in November. However, the president does not have the ability to do that on his own. Abolishing payroll taxes requires an act of Congress. 1814

CINCINNATI — Linda Zgoda has been volunteering at Hamilton County polling places for more than 20 years. She said it's important to her."I feel like to have honest elections, you have to have good officials," Zgoda said. "I feel like it's a civic responsibility for people to work at the polls."She pays close attention to details."It was initially when we had the signature poll book that I became aware that my neighbor was still on the rolls," she said. "Then after it had been on for so long, I became curious about it."The curious thing, in this case, was the fact that her neighbor had been dead for 14 years."I'm concerned that by someone being on the rolls, someone could improperly vote in their name," Zgoda said.She contacted the Hamilton County Board of Elections and was told a family member needed to turn in her neighbor's death certificate to have that person removed."Since this has been brought to our attention, we did more research, and we've been able to obtain some more identifying information, and that person has now been canceled," Hamilton County Board of Elections director Sherry Poland said.Poland said the state and county usually do a more thorough job of removing deceased voters from the rolls, but this time was different."We did receive a deceased Ohioans report at that time (in 2004), and (it) included his name but didn't include his address," Poland said. "The report did have a date of birth, but we didn't have a date of birth on file."Poland said her office has about 790 Hamilton County voters who don't have their date of birth or identification on file because those people registered at a time when they didn't have to give that information.When asked if there might be more deceased voters on the rolls that the state might have missed, Poland said that she thought it was highly unlikely because more identifying information is required from voters now.She said that no one tried to vote under the name of Linda Zgoda's deceased neighbor in the time that it had incorrectly been listed on the rolls.The Hamilton County Board of Elections is working to get more identifying information from all voters in the county, she added. 2198

Crazy Horse III strip club is preparing for the arrival of their new neighbors, the Las Vegas Raiders, by introducing a daily "Hard Hat Happy Hour" from 4 p.m. to 7 p.m. starting Wednesday, Nov. 8.The promotion will help the Raiders stadium’s construction crew unwind from long days of work by offering a complimentary drink each hour of the daily special. All it will take is for workers to present their work card or pay stub upon arrival.Oh, did we forget to mention that they will be granted free entry to the club as well?Crazy Horse III is just minutes away from the future site of Raiders stadium, which means workers, fans and players should expect a lot more of these specials to be announced as 2020 draws near.  735

Coffee giant Starbucks has set a goal to become more diverse: by 2025, they want 30% of its corporate employees and 40% of its retail and manufacturing employees to be Black, indigenous, and people of color.The Seattle-based company made the announcement Wednesday as they look to create a more diverse and equitable workplace to "advance racial and social equity as part of its ongoing journey to create a welcoming and inclusive Third Place.""As we consider the role and responsibility of Starbucks, as a company, to lead by example in areas of inclusion, diversity, and equity, we will be intentional about the actions we take and how they line up with our Mission and Values, commit to transparency with all stakeholders about our thinking and our goals, and hold ourselves accountable," Starbucks CEO Kevin Johnson said in a letter to employees.They also are starting a new mentorship program, anti-bias training requirements, and other initiatives.The company added that it'll connect its executive compensation program to its goals of building "inclusive and diverse teams."Starbucks says these diversity goals will ensure that its coffee shops are "welcoming places for all." 1191

Crews at a construction site in Denver, Colorado, are working around the clock, trying to keep up with an increased demand by building more housing.“It’s getting really interesting out there isn’t it,” said Stephen Myers CEO at Thrive Home Builders.Myers says though the real estate market is booming across the country, an increased cost of lumber is cutting into builders’ profits.“The increase is ,000 to 12,000 per house,” he said of his current project. “And we’re concerned about the ultimate price impact for our buyers.”According to the National Association of Home Builders, the price of lumber has increased by 173% since mid-April to an all-time high in August.“Without a doubt, the housing prices will go up because lumber is a very important input of houses,” said Kishore Kulkarni, Ph.D. a professor of economics at MSU Denver.Kulkarni says there’s multiple reasons why lumber prices have skyrocketed during the last few months, including higher transportation costs, some lumber mills shutting down, low interest rates and more people looking to purchase homes during the pandemic.“The supply of lumber is having a lot of bottlenecks because of COVID-19,” he said,This is pushing up the price of a typical new home by more than ,000, according to the National Association of Home Builders.Back on the job site, Myers’ team is pulling out the blueprints and looking for ways to offset higher lumber prices.“Hopefully the lumber supply can rise to the occasion to meet the increased demand,” Myers said.While crews continue to frame new houses, experts predict the cost of lumber won’t level.So, for now, prices will continue going through the roof. 1676

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