Overtime, or OT, is typically calculated by multiplying an employee’s hourly rate by 1.5–pretty easy, right? It depends who checks your math. The Department of…
The IRS deadlines to furnish Forms 1095-C and 1095-B to employees in early 2019 are fast approaching. The deadlines are as follows: Employers with 50…
IR-2019-07, January 28, 2019 WASHINGTON ― The Internal Revenue Service successfully opened the 2019 tax-filing season today as the agency started accepting and processing federal…
Employees’ W-2s have now been prepared and you should have received them in the mail. Your W-2 forms are also available on your online portal…
IRS Extends Form 1095 Distribution Deadline to March 4 On Nov. 29, the IRS extended the deadline for employers to distribute 2018 Forms 1095-C to employees…
Some large employers are sidestepping health insurers and contracting directly with providers. A recent Willis Towers Watson survey found that only 6% of employers contract directly with…
The Martin Luther King holiday will be observed on Monday, January 21. SIMA is open however, most banks will be closed. Allow an extra day…
The IRS has announced that it will begin processing 2018 federal income tax returns on January 28, 2019. The filing deadline to submit 2018 tax…
The Internal Revenue Service has announced that the optional standard mileage rate used to calculate the costs of operating a car, van, pickup truck, or…
The current federal minimum wage rate is $7.25 per hour. However, many states have adopted minimum wage rates higher than the federal rate. When the…
With a new year upon us, your attention is likely focused on setting financial and productivity goals for your business. As you plan, make sure…
In late 2018, the IRS began issuing enforcement letters to employers with generally 50 or more full-time or full-time equivalent employees regarding their compliance with…
