In July, the IRS released draft Forms 1094-C and 1095-C, and on August 1, 2016, draft instructions for completing the ACA forms for the 2016 tax year were published.
The forms require applicable large employers to report information about offers of health insurance coverage to full-time employees and the provision of minimum essential coverage during the reporting year.
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Topics:
payroll tax filing,
HR compliance,
aca,
obamacare,
IRS,
reporting requirements
Employers are already awash in labor law requirements and agency regulations. Among these are the ever-changing ACA requirements.
To be in compliance with the ACA, and avoid any penalties, the health plans of applicable large employers (ALEs) must pass three tests.
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Topics:
Affordable Care Act,
HR compliance,
aca,
obamacare,
labor law compliance,
IRS
The regulatory maze of labor laws can be complex. And as the core of your HR management functions it can also be confusing for both you and your employees.
There issues such as hiring practices, employee classification, and wage requirements that necessitate time to research so you can ensure proper compliance.
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Topics:
minimum wage law,
recruiting and hiring,
HR compliance,
employee classification,
IRS,
employee lawsuits,
discrimination
Employers take note: The amount of civil penalties that can be assessed by various government agencies has been increased in order to keep up with inflation.
The Department of Labor (DOL) recently issued their interim final rules which will increase the amount of civil penalties for employers. These penalties are assessed for willful violations of the minimum wage, overtime, and child labor provisions in the Fair Labor Standards Act (FLSA), and civil penalties in the Family Medical Leave Act (FMLA).
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Topics:
ca labor laws,
HR compliance,
california labor law,
overtime pay,
labor law compliance,
IRS
Payroll management is a business function that, along with taxes and other HR functions, is often outsourced. However, as a business owner or manager, it is quite common to think of "outsourcing" in terms of an "expense".
One of the first questions that come to mind is usually, "What's it going to cost?"
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Topics:
Payroll,
payroll management companies,
HR best practices,
outsourcing payroll management,
IRS,
payroll compliance