2020 ACA Reporting Deadlines
Applicable large employers (ALEs), employers with 50 or more full-time and full-time equivalent employees, are required to annually report to their employees and the Internal Revenue System (IRS) health insurance coverage offered to their eligible [...]
Beware of Coronavirus Scams Targeting Businesses
Coronavirus scams are proving to be a money-maker for criminals. According to a consumer report by the Federal Trade Commission, there have been 116,533 reports of scams related to the coronavirus and stimulus checks this [...]
2021 Holidays and Your Payroll
The fourth quarter of a calendar year is a great time to begin planning for the upcoming year. For payroll and HR professionals, part of preparing for the next year is making note of the [...]
DOL Issues Revised FFCRA Paid Leave Rule
You can read our original post regarding the FFCRA that was signed into law on March 18, 2020, here. On September 11, 2020, the U.S. Department of Labor (DOL) issued revisions and clarifications to its [...]
IRS Form 1099-NEC Is Back
This summer, the IRS made a change to 1099 miscellaneous income reporting for 2020, reactivating Form 1099-NEC while retaining 1099-MISC. Employers who pay independent contractors $600 or more in 2020 will associate wages with one [...]
DOL Guidance for Tracking Remote Employees Hours
To guide an increasing number of employers transitioning to remote or telework due to the COVID-19 pandemic, the U.S Department of Labor's Wage and Hour Division issued Field Assistance Bulletin No. 2020-5 on Aug. 24, [...]
Employee Payroll Tax Deferral
On Saturday, August 8, 2020, the president signed a memorandum directing the secretary of the treasury to defer withholding, deposit, and payment of employee Social Security payroll tax obligations for certain wages or compensation paid [...]
CDC Guidance for Reopening Offices
The Centers for Disease Control and Prevention (CDC) issued two recent guidelines to better prepare employers for reopening offices during COVID-19. The CDC suggests reviewing their detailed interim guidance as the first set of guidelines, [...]
Catastrophic Cash Flow Strain Act Provides Relief for Nonprofits
On August 3, 2020, President Donald Trump signed into law the Protecting Nonprofits from Catastrophic Cash Flow Strain Act of 2020. The bill eases cash flow challenges by granting nonprofits a reprieve from unemployment tax [...]
Tennessee Enacts Pregnant Workers Fairness Act
After years of work by women's rights advocates, the state of Tennessee provided stronger legal protections for pregnant women by enacting the Tennessee Pregnant Workers Fairness Act (Senate Bill 2520). The law, which goes into [...]
