Avoiding Employee Misclassification Under the Fair Labor Standards Act
New guidance is available for employers on how to avoid misclassifying employees as independent contractors for purposes of the federal Fair Labor Standards Act (FLSA), which sets basic minimum wage and overtime pay standards. According...
Read MoreACA Information Reporting Penalties Will Increase in 2016
As part of a new law, the penalty amounts that may apply to employers subject to the Affordable Care Act’s information reporting requirements will increase next year. These employers must report certain details regarding health...
Read MoreNew Trade Act Quietly Increases ACA Reporting Penalties
The Monday before the fourth of July, President Obama signed into law the Trade Preferences Extension Act of 2015, which contained several tax provisions in addition to the trade measures that were the focus of...
Read More2015 Draft Forms Available to Help Employers Prepare for ACA Information Reporting
The IRS has released draft forms for 2015 to help employers who are subject to the new information reporting requirements under the Affordable Care Act (ACA) prepare for compliance. Affected employers are required to report...
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