The IRS recently released the 2018 version of Publication 15-B—Employer’s Tax Guide to Fringe Benefits, which contains information for employers on the tax treatment of fringe benefits. The 2018 version is significant because it incorporates the changes made by the new tax law—the Tax Cuts and Jobs Act—to the following fringe benefits: Qualified transportation plans … Continue reading IRS Updates Employer Guide for 2018 Tax Changes to Fringe Benefits
The Affordable Care Act (ACA) created reporting requirements under Internal Revenue Code Sections 6055 and 6056 that require certain employers to provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees. The annual deadline for the 2017 calendar year was Feb. 28, 2018, or April 2, … Continue reading Did You Miss the April 2 ACA Reporting Deadline? Here’s What’s Next.
Workplace stress affects 80 percent of Americans, negatively affecting performance and turnover. Knowing the warnings signs of stress can help combat its effects. Here are four indicators of stress: Trouble sleeping Anxiousness Getting snippy with others Having stomach or back pain Speak with us to learn more about the employee stress-reduction materials we offer.
Each year, countless employers are subjected to wage and hour audits from the Department of Labor (DOL). Employers want to resolve the situation and pay back wages, but how can they without risking audits or lawsuits? The answer: Payroll Audit Independent Determination (PAID). PAID is a new pilot program from the DOL—launched in early April—that … Continue reading Worried About DOL Audits? Get PAID.