An article from Forbes.com recently noted, "This fundamental worker status issue has become one of the most consequential legal determinations around. If you’re in business and guess wrong, the liability for past years can be crushing."
Topics: independent contractors, california labor laws, labor law compliance, employee classification, IRS, employee lawsuits
Topics: independent contractors, HR compliance, employee classification, IRS, employee lawsuits, payroll compliance
The requirements of the Affordable Care Act (ACA) administered by the Internal Revenue Service seem to be always evolving. As changes come into play, employers and their HR staff must be diligent about staying informed and up-to-date. A lack of compliance is becoming increasingly costly for businesses.
Topics: payroll tax filing, Affordable Care Act, HR compliance, aca, obamacare, IRS, hsa
HR professionals and small business owners must manage a vast number of compliance requirements, including employee classification. This issue has become increasingly tricky and potentially costly for businesses.
Incorrectly classifying employees as independent contractors is a real risk for many employers. An article from Forbes.com noted that,
"This fundamental worker status issue has become one of the most consequential legal determinations around. If you’re in business and guess wrong, the liability for past years can be crushing."
Topics: independent contractors, HR compliance, labor law compliance, employee classification, IRS, employee lawsuits
As of February 1, 2016 the Shared Responsibility Employer Mandate aspect of the Patient Protection and Affordable Care Act (ACA) reporting requirements became effective for all employers.
The mandate involves a multi-step process for employers and a filing with the Internal Revenue Service (IRS), which went into effect at the beginning of this year. This will also require an additional figure entered into employee W-2 forms showing the total value of coverage during the calendar year.
Topics: Affordable Care Act, HR compliance, aca, obamacare, IRS