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Monthly archive for March 2018

Compliance Alert: If you are required to file a 1099 did you or will you file all required 1099’s?

May 13, 2015 ALERT: Since the enactment of the ACA “Obama Care”: A “check the box” question appeared on all business tax returns including schedule C form 1040: The question is “if you are required to file a 1099 did you or will you file all required

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Take Your Payroll from Worst to First in 4 Easy Steps

Payroll should be a breeze. Unfortunately, for many companies, it’s anything but. Staying on top of payroll can be a time-consuming and stressful process, especially when relying on outdated payroll methods to get the job done. With IRS penalties and great employees awaiting payday, it’s best to

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Annual Wage Notice Repealed in NY

We just learned that on December 29, 2014, NY Governor Andrew Cuomo signed into law a bill that eliminates the burdensome annual wage notice requirement under the Wage Theft Prevention Act (that before February 1 of each year, employers notify & receive written acknowledgement from every worker

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Wage Theft Prevention Act

Proposed amendments to the WAGE THEFT PREVENTION ACT that would have eliminated an employer’s obligation to provide annual wage notices has not yet been enacted into law. Until a law making changes to the annual wage notice requirement is in place, all employers must provide a notice

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Employer-Provided Health Insurance and the “Affordable Care Act”

The Internal Revenue Service (IRS) released draft instructions for Forms 1094B, 1094C and 1095-C, and other forms required by the Affordable Care Act (ACA). Employers that are subject to the ACA employer “shared responsibility” mandate will use the new forms to report health insurance coverage offered under

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Records Required For New Hires

To comply with certain federal and state laws, an employer must complete new hire paperwork when bringing a new employee on board. The following is an overview of what new hire forms are required, and how employers can satisfy these requirements: Notice of Health Coverage Options: Under

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Notice of Employee Rights

In June 2013 the NYC Council passed the EARNED SICK TIME LAW into law. The law went into effect on April 1, 2014. The Earned Sick Time Act will provide paid sick time to nearly 1.2 million working New Yorkers.  It will ensure that workers-even in the

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NYS Dept. of Labor Final Regulations on Wage Deductions

New York amended Section 193 of the Labor Law to expand those instances where employers may lawfully make deductions from employee wages. Consistent with the 2012 amendments, the New York Department of Labor (DOL) issued final regulations that clarify the types of permissible wage deductions and established

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Affordable Care Act: Exchange Notices

Exchange Notices must be sent to each employee before October 1, 2013 Information on the October 1st deadline for employee notices of coverage under the Affordable Care Act (ACA) is available.  Although the deadline for Employer Shared Responsibility was delayed until 2015, by this October 1st employers

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Family Medical Leave Act “FMLA”

Leave of absence questions: More than any other issue, Human Resource people in general say that the Family and Medical Leave Act causes them problems. Here are just a few of the overwhelming load of questions: Q: I have an employee who is the primary caregiver for

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