Company Size Impacts Application of “Pay or Play” and Information Reporting Requirements Employers are reminded that it is important to know how many full-time employees they have in order to ensure compliance with the employer shared responsibility provisions (“pay or play”) and corresponding information reporting requirements of the Affordable Care Act (ACA)—which apply only to…
Calculator Helps Taxpayers Review Withholding Following New Tax Law The Internal Revenue Service (IRS) has released new versions of Form W-4 and its online withholding calculator to help taxpayers check their 2018 tax withholding following passage of the Tax Cuts and Jobs Act in December 2017. The IRS urges taxpayers to use these tools to make sure…
Telecommuting (working from home) is growing in popularity. According to Global Work Play Analytics, the number of U.S. workers who do at least 50% of their work at home or some location other than a central office grew by 115% between 2005 and 2015. As of 2015, there were approximately 4 million telecommuting professionals. While…
Anyone who has ever rented a residence (or is currently considering renting a residence) has most likely heard about the importance of having renters insurance in place. We all know that our “stuff” is important and needs protecting. We also know that these types of policies provide liability coverage, but we may or may not…
Health Care Reform Update Forms 1095-B and 1095-C Furnishing Deadlines Extended / Good Faith Penalty Relief also Extended The IRS has extended the due dates for furnishing 2017 Forms 1095-B and 1095-C to covered individuals and full-time employees, respectively, from January 31, 2018, to March 2, 2018. The IRS has also extended good faith penalty relief…