ACA REPORTING DEADLINES DELAYED

OVERVIEW On Dec. 28, 2015, the Internal Revenue Service (IRS) issued Notice 2016-4 to delay the due dates for filing and furnishing forms under Section 6055 and 6056. The due date for furnishing forms to individuals has been extended from Feb. 1, 2016, to March 31, 2016. The due date for filing forms with the … Continue reading ACA REPORTING DEADLINES DELAYED

5 Important HR Issues to Monitor for 2016

Employers have new challenges to contend with in 2016, resulting from Supreme Court decisions, federal and state legislation, and actions by federal regulatory agencies. There is a real cost for employers who fail to comply with new laws. For example, the most recent Performance Accountability Report for the Equal Employment Opportunity Commission (EEOC), states that … Continue reading 5 Important HR Issues to Monitor for 2016

IRS Expands Tax Relief for Identity Protection

OVERVIEW Due to growing concerns about data breaches and identity theft, some employers have started offering identity protection services to their employees as a fringe benefit. The Internal Revenue Service (IRS) has issued two pieces of guidance that address the taxability of this benefit. Announcement 2015-22 provides that the value of identity protection services provided … Continue reading IRS Expands Tax Relief for Identity Protection