Employment Law Compliance Archives | Page 10 of 11

What Employers Need to Know About the Form I-9

Form I-9. The United States Citizenship and Immigration Services (USCIS) recently released a newly revised Employment Verification Form (Form I-9). All employers are required to complete the I-9 to verify the identity and employment authorization eligibility of their employees. Employers must use the new Form I-9 beginning on January 22, 2017. The new version of…
How Many Exemptions Do I Claim On My W-4 Form?

W-4 Form Exemptions. One of the most important forms you fill out when you begin a new job is a W-4 form. If you aren’t required to fill one out – get worried. You may not be getting paid! Other times you may opt to complete a new W-4 form include a change in marital…
Overtime Rule Surprise Decision

Emergency Injunction Granted A federal district court temporarily blocked the U.S. Department of Labor’s (DOL) November 22, just days before it was scheduled to take effect. At the request of 21 states, the U.S. District Court for the Eastern District of Texas granted an emergency injunction request, halting the regulations that would have required employers to…
Employees W2 Forms

6 Things you do NOT want to omit from your employees’ W2 forms Our payroll processors often receive frantic phone calls from clients and accountants about unexpected items reflected on the W2 forms. Often times this is because fringe benefits were not reported throughout the year in the payroll system. As 2016 is quickly coming…
7 Ways to Keep Unemployment Claims Under Control

Unemployment Claims. The Federal-State Unemployment Insurance Program provides financial aid to eligible workers who are unemployed through no fault of their own, as determined under state law. All businesses pay for mandatory unemployment insurance to cover the cost of this benefit and annual rates will vary depending on past unemployment claims against the business. Although laws…
The IRS Releases 2017 Annual Benefit Limits

The Internal Revenue Service (IRS) released the 2017 annual contribution limits related to Flexible Spending Accounts (FSA), Health Savings Accounts (HSA) and all Qualified Retirement Plans. Please see below for the small changes to current limits in place. The announcements from the IRS are as follows: Rev. Proc. 2016-55 Rev. Proc. 2016-28 Notice 2016-62 As…
4 Things You Need to Know About Employee Classifications

Employee Classifications. Upcoming changes in the Fair Labor Standards Act (FLSA) have employers scrambling to review their current employee classifications. While employers may not be overly excited about the extra work, periodic audits of employee classifications are a good business habit as incorrect classification can prove costly and disruptive. What is the difference between an…
Growing Businesses–What You Don’t Know About the Affordable Care Act Could Cost You!

Affordable Care Act. Is your company just about to pass or recently passed the 50 employee mark? That’s great news – your company is growing! Unfortunately, it also means increased regulation including potential eligibility to the Affordable Care Act (ACA). The IRS recently released the draft instructions for the Form 1094-C and Form 1095-C. Any employer…
Back Off My Retirement Plan, Illinois!

Retirement Plan. Did you know that Illinois-based businesses with more than 25 employees will be forced to enroll their employees in a state-run retirement plan, unless you offer one yourself? The Illinois Secure Choice Savings Program Act was signed into law in January 2015 and is expected to be enforced starting in 2017. While the…
How To Tell if You Need a Professional Employer Organization

Professional Employer Organization. As a business owner, you are responsible for an overwhelming number of tasks. Many of these tasks require knowledge and expertise in areas unfamiliar to you. Let’s be honest, this isn’t why you started your business in the first place. You started your business because of your passion and desire to build…