Beware of Website Spoofing Targeting Small Businesses
Last year, various coronavirus scams resulted in an estimated $157 million loss in revenue for businesses. But in 2021, there has been an uptick in internet scams with over $4 billion lost in a series [...]
Washington State’s New LTC Program
Washington is the first state in the country to mandate a tax on workers that will be used to fund a state-run long-term care insurance program. In April, Governor Jay Inslee signed the Long-Term Services [...]
Executive Order Targets Noncompete Agreements
On July 9, 2021, President Biden signed the Executive Order on Promoting Competition in the American Economy, which encourages the Federal Trade Commission (FTC) to ban or limit noncompete agreements. The executive order is part [...]
Massachusetts COVID-19 Emergency Paid Sick Leave
Under Chapter 16 of the Acts of 2021, the state of Massachusetts recently established a statewide mandate for employers to make paid leave time available to their employees who work up to 40 hours per [...]
EEOC COVID-19 Technical Guidance on Employee Vaccines
On May 28, 2021, the U.S. Equal Employment Opportunity Commission (EEOC) updated its technical assistance that addresses questions regarding vaccines in the workplace under the federal Equal Employment Opportunity laws. The pandemic-related technical assistance comes [...]
July 2021 Minimum Wage Rate Increases
While there have been recent proposals in Congress to increase the federal minimum wage, they have not gained the support needed to get them through the legislative process. Currently, the federal minimum wage stands at [...]
Employee Retention Tax Credit
The Employee Retention Tax Credit (ERTC) was authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act in March 2020 to provide relief to employers affected by the pandemic and encourage them to keep [...]
DOL Issues Guidance on Cybersecurity Best Practices for Retirement Plans
The U.S Department of Labor’s (DOL) Employee Benefits Security Administration issued cybersecurity guidance related to retirement plans. Released on April 14, 2021, the DOL’s guidance is much anticipated after the COVID-19 pandemic opened doors for [...]
COBRA Subsidy Model Notices Issued by the Department of Labor
The American Rescue Plan Act of 2021 provides a continuation of healthcare coverage for qualifying individuals by providing a full subsidy for COBRA premiums between April 1 and September 30, 2021. The COBRA premiums are [...]
The American Rescue Plan Act 2021: COBRA Subsidy
Please note: The Internal Revenue Service issued Notice 2021-31 on May 18, 2021, to provide guidance for employers regarding the new tax credit. Signed into law on March 11, 2021, the American Rescue Plan Act of [...]
