Paycheck Protection Program and Payroll Tax Deferral in the CARES Act
On March 27, 2020, the president signed the Coronavirus Aid, Relief, and Economic Security Act, known as the CARES Act, in response to the COVID-19 outbreak. The law provides funding for a number of programs [...]
FFCRA Tax Credit
Signed into law on March 18, 2020, the Families First Coronavirus Response Act (FFCRA) includes requirements for employers with fewer than 500 employees to provide emergency paid sick time and medical leave related to COVID-19. [...]
Families First Coronavirus Response Act
On March 18, the Families First Coronavirus Response Act (FFCRA) was signed into law. It includes several measures to mitigate the effects of the COVID-19 outbreak, including a paid sick leave requirement and expansion of [...]
Predictive Scheduling Laws
Eight states -- California, Connecticut, Hawaii, Illinois, Massachusetts, Michigan, New Jersey, and New York -- hope to pass predictive scheduling laws this year, joining the ranks of several other cities and two states with current [...]
New Year Brings New W-2 Phishing Scheme
This time of year, it is not unusual to see W-2 phishing schemes in which scammers try to steal confidential W-2 information via email requests and links. This year there's a new twist on the [...]
These State Minimum Wage Rates Are Set to Increase January 1, 2020
Not only will employees be ringing in the New Year on January 1, 2020, but in select states, they will also be celebrating higher wages. Twenty-one states are set to increase their minimum wage rates [...]
Form W-4: What You Need to Know for 2020
Form W-4, retitled Employee's Withholding Certificate, has undergone rounds of significant revisions since updates to the tax codes were announced by the Tax Cuts and Jobs Act in 2017 and implemented last year. The final [...]
2019 ACA Reporting Deadlines
The Affordable Care Act's (ACA) individual mandate for employees was officially repealed on January 1, 2019. However, Congress did not repeal the ACA requirements for employers. Applicable large employers (ALE) with 50 or more employees [...]
New Overtime Threshold Is Effective January 1
The Department of Labor (DOL) issued a final rule on September 24, 2019, updating the salary threshold for exempt employees. Now, employees making less than $35,568 a year cannot be considered exempt and must earn [...]
2020 Banking Holidays and Your Payroll
The Board of Governors of the Federal Reserve System maintains a list of federal banking holidays for the current year and the following four years. As 2020 approaches, you should take note of upcoming federal [...]
