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So far lmosley has created 42 blog entries.

Revised Family HSA Limit

Updated 5/9/18: The IRS reversed it's decision to lower the family HSA limit. The limit is now back to the original 2018 limit that was announced last year: $6,900. On Monday, the IRS announced a revision to the family HSA contribution limit on high deductible health plans for calendar year 2018. The original limit of [...]

March 9, 2018|

Adjust Your Payroll Schedule for These 2018 Banking Holidays

There are eleven federal banking holidays in 2018 that may interfere with your usual payroll processing schedule for the year. Now is a fitting time to set reminders for your payroll processing days and check dates for the year. The chart below lists the date of the holiday per the Board of Governors of the [...]

December 27, 2017|

What To Do If You Receive IRS Letter 226-J

The IRS is actively issuing ACA-related notices to applicable large employers (ALE). Also known as Letter 226-J, the notice is the initial letter to notify ALEs that they may be liable for an employer shared responsibility payment. The letters employers are receiving now relate to 2015 ACA reporting. Employers have 30 days from the date [...]

December 21, 2017|

These State Minimum Wage Rates Increase January 1, 2018

Along with ringing in the New Year, many U.S. employees will be enjoying higher wages come January 1, 2018, thanks to states that are increasing their minimum wage rates. State minimum wage changes taking effect January 1, 2018, include: Alaska $9.80 to $9.84 Arizona $10.00 to $10.50 California 25 employees or fewer $10.00 to $10.50; [...]

December 14, 2017|

OSHA 300A Deadline Delayed Two Weeks to December 15, 2017

Update: On December 18, OSHA announced it will accept 300A submissions for 2016 through the end of 2017. Read the news release or visit the injury reporting page of the OSHA website for details. The Federal Register published a rule by the Occupational Safety and Health Administration (OSHA) Friday announcing an extension of the deadline [...]

November 30, 2017|

Inova Payroll Completes Recapitalization and Merger With Atlanta-Based Payroll Strategies

Inova Payroll, an award-winning payroll and human resources service provider, announced the completion of a recapitalization with Tritium Partners, a leading growth-focused private equity firm. Concurrent with this transaction, Inova Payroll also announced its merger with Atlanta-based Payroll Strategies. The combination, which will continue to operate under the Inova Payroll brand, is now positioned for [...]

November 15, 2017|

W-2 Verification Code Testing Expands for 2017

The Internal Revenue Service is expanding its testing of individual taxpayer verification codes in an effort to reduce incidents of refund fraud. The program began last year with testing of the code on two million W-2 forms. The program expands for 2017 to 50 million W-2s. In partnership with certain payroll service providers, a sixteen-digit code [...]

September 26, 2017|

Missouri is Latest State to Preempt Local Minimum Wage Laws

Today, employers in St. Louis, Missouri, are no longer required to pay their employees the city’s minimum wage rate of $10.00 per hour. The reason they can reduce employee pay is state legislators passed a law earlier this year that overrides all city and county minimum wage ordinances. St. Louis workers saw an increase in [...]

August 28, 2017|

Pregnancy Fairness Legislation Increasing

The Pregnant Workers Fairness Act was introduced in the Senate and the House on May 11, 2017. The act would make discrimination based on pregnancy, childbirth, and related conditions illegal for employers. The House bill currently has 106 cosponsors and was referred to a handful of committees while the Senate bill has two cosponsors and [...]

August 25, 2017|

Inova Payroll Makes Inc. 5000 List for Second Year

112 Percent Growth Lands Inova among the Fastest-growing Private Companies in the U.S. For the second consecutive year, Inova Payroll, an award-winning payroll and human resources services provider, has landed on the Inc. 5000 list of fastest-growing private companies in the United States. With 112 percent growth over three years, Inova took the #2980 spot [...]

August 17, 2017|