Employers know how important it is to stay compliant when it comes to promptly and accurately paying their employees. However, simple wage statement errors can result in expensive class-action or PAGA claims, even when the amount of pay is accurate and timely. At a minimum, wage statements must include: Total hours worked by the employee […]
READ MOREBetter late than never! Did you miss the April, 2 ACA Reporting Deadline? A penalty of $100 per late return will be charged from now until August 1. The IRS released a new 2018 version of the Employer’s Tax Guide to Fringe Benefits. Significant changes have been made. Employers should work with their tax advisors […]
Effective January 1, 2017, employers in states regulated by Federal OSHA were required to electronically submit Log 300 records of injuries and illnesses. On April 30, 2018, Federal OSHA posted a “trade release” requiring all affected employers to submit injury and illness data in the Federal OSHA Injury Tracking Application (ITA) online portal, even if […]
The Internal Revenue Service (IRS) has announced relief for taxpayers with family coverage under a High Deductible Health Plan (HDHP) who contribute to a Health Savings Account (HSA). For 2018, taxpayers with family coverage under an HDHP may treat $6,900 as the maximum deductible HSA contribution. In early March we informed you that, as part […]
The ADA and California’s FEHA disability regulations require employers to initiate the interactive process when any of the following events occur: An applicant or employee with a known disability requests an accommodation. The employer becomes aware of the need for an accommodation through a third party. The employer becomes aware of the need for an […]
Welcome to Q2! Stay up-to-date on the latest tax and policy changes and industry trends. New IRS Tools for 2018 Tax Withholding IRS Reduces 2018 HSA Limit for Family Coverage HHS’ 5-point Strategy to Combat the Opioid Crisis Key Highlights from the 2017 Health Plan Design Benchmark Summary Download Q2 Benefits Bulletin
On March 5, 2018, the Internal Revenue Service (IRS) released Revenue Procedure 2018-10, a revised H.S.A family contribution limit for 2018. This revision comes as part of the tax reform legislation passed earlier this year. The revised H.S.A contribution limit for individuals enrolled in family High Deductible Health Plans (HDHP) coverage has been reduced for […]
As many of you are aware, ICE enforcement has indicated they will be increasing their efforts, particularly in Northern California. Effective January 1, 2018, The Immigrant Worker Protection Act (AB 450) provides California workers with protection from immigration enforcement while on the job. Although I-9 compliance is just one piece of this discussion, Owen-Dunn would […]
