Paid Family and Medical Leave Tax Credit

Accounting

A tax credit for wages paid to employees taking FMLA leave may generally be taken by employers who have a written paid family and medical leave policy that: Provides all qualifying full-time employees—employees who have been employed for a year or more and who had compensation of not more than $72,000 in the preceding year—at…

Court Revives Obama Administration Pay Data Reporting Rule

Payroll

May 6, 2019 – Original Content from McGuire Woods On April 25, a federal court revived a 2016 Obama administration requirement that certain employers must report pay data to the U.S. Equal Employment Opportunity Commission (EEOC). The Trump administration shelved this requirement in 2017, prompting litigation, which resulted in the April 25 court order reinstating…