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Paid vs. Unpaid Internships: What Are the Regulations?

Paid vs. Unpaid Internships: What Are the Regulations?

Internships can be beneficial to both the student and employers. The student gets the opportunity to explore a career interest, apply what they’ve learned in the classroom in a professional setting and develop new, transferable skills. Employers gain new, innovative perspectives to their small business, help with project work and increased productivity. However, the big question employers may have is, whether to pay or not to pay for internships. (more…)

Posted in: IRS and Tax forms, Payroll, Payroll Processing

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