All Items: Payroll

  • ACA Electronic Information Return Filing Deadline Is June 30

    Date:
    June 27, 2016

    The IRS is urgently reminding self-insured employers, applicable large employers and providers of health coverage that the due date to electronically file information returns in compliance with the Affordable Care Act (ACA) is this week - on June 30. This includes electronic filing of the 1094 and 1095 series of forms.

  • HR Compliance Changes Take Effect July 1; Trends Include Minimum Wage, Military Leave and Payroll Updates

    Date:
    June 21, 2016

    HR departments should get ready now to comply with a wide variety of employment law requirements that are changing on July 1. Depending on the employer's presence in various jurisdictions, a number of workplace practices may be affected by legislative changes, ranging from employment contracts to payroll.

  • Connecticut Payroll Card Law to Take Effect

    Date:
    June 13, 2016

    A new law taking effect in Connecticut on October 1 will allow employers the convenience of paying employees by payroll card. Previously, this method of wage payment was not permitted, and employers in the state could pay employees only in cash, by check or direct deposit.

  • IRS Discusses Tax Treatment of Wellness Program Benefits

    Date:
    June 10, 2016

    The IRS has released a Chief Counsel Advice Memorandum discussing the tax treatment of wellness program benefits and employer reimbursement of premiums provided on a pretax basis under a § 125 cafeteria plan (under the Internal Revenue Code - IRC).

  • Paid Sick Leave Expanding Into Los Angeles and Chicago

    Date:
    April 27, 2016

    Los Angeles and Chicago employers may need to comply with new sets of paid sick leave rules based on proposed amendments to local minimum wage ordinances - perhaps as early as this summer.

  • Oregon Tightens Pay Statement Requirements to Help Deter Wage Theft

    Date:
    April 11, 2016

    A new Oregon law will require an employer to include some additional information on employees' pay statements than is currently required, starting January 1, 2017. The new law aims to deter wage theft by codifying and tightening up the pay statement requirements that were previously found only in the Oregon Administrative Rules.

  • Form W-2 Cybercriminals Target HR and Payroll

    Date:
    March 1, 2016

    HR and payroll professionals are falling prey to a current phishing scheme that lures them to respond to emails purportedly sent by company executives requesting private employee information, the IRS warned today. The scam tricks those in HR and payroll into emailing private employee data, such as Forms W-2 containing employees' Social Security Numbers (SSNs) and other personally identifiable information to cybercriminals.

  • Illinois Narrows 'Disqualifying Misconduct' for Unemployment Insurance Benefits Claims Purposes

    Date:
    February 11, 2016

    A recent amendment to Illinois law and an Illinois Supreme Court ruling have clarified the meaning of "misconduct" that disqualifies a former employee from collecting unemployment insurance (UI) benefits. While both the new law and the ruling provide needed guidance, employers in the state may find it harder to fight a benefit claim on this basis if they do not have specific policies in place.

  • IRS Issues Guidance on Retroactive Increase in Excludable Transit Benefits

    Date:
    January 12, 2016

    In Notice 2016-06, the IRS provides correction procedures for fourth quarter Forms 941 and Forms W-2, in light of the retroactive increase in the 2015 monthly transit benefit limit under the PATH Act of 2015.

  • Omnibus Tax, Spending Bill Impacts Payroll Administration

    Date:
    December 22, 2015

    President Obama has signed an omnibus appropriations bill (H.R. 2029) that will significantly impact payroll operations. The Protecting Americans From Tax Hikes Act of 2015 (PATH Act), which represents half of the bill, permanently extends parity between qualified (tax-free) employer-provided parking and commuter benefits and substantially revises the rules for filing Forms W-2, Wage and Tax Statement, and 1099-MISC, Miscellaneous Income. The Consolidated Appropriations Act of 2016, which is the other half of the omnibus bill, amends the Affordable Care Act.

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News: HR and legal considerations for employers regarding payroll.