Tag Archives: regulation
Avoiding Common HR Pitfalls During the Holiday Season
The holiday season can often present HR challenges to employers that can range from managing time-off requests to hosting holiday parties. Employers must comply with workplace policies, along with federal and state regulations to remain compliant while creating a positive environment. Here are some common HR pitfalls and ideas on how to avoid them:Continue Reading
Required Year-End Reports for Businesses
At the end of each year, businesses like yours must prepare a few important reports to comply with legal and financial requirements. Here’s a brief guide to the most common end-of-year reports companies should prepare: Employee Tax Forms. These forms are important to maintain tax compliance and to report employee earned income. W-2 Forms:Continue Reading
BOIR Filing Requirement is Temporarily Blocked
On Dec 3, 2024, a federal judge in Texas granted a nationwide temporary injunction against the Corporate Transparency Act (CTA), which required all businesses operating in the US with an EIN (roughly 32.6 million) to file a Beneficial Ownership Information Report (BOIR). This report required companies to disclose the personal information of all beneficialContinue Reading
Why Filing Your BOIR On Time Matters
The Corporate Transparency Act (CTA) came into effect on January 1, 2024, with the goal to help the US government combat financial crimes like tax fraud, money laundering, corruption, and even drug and human trafficking. In order to do so, this law requires all businesses operating in the US with an EIN to fileContinue Reading
Providing Employees Time Off to Vote
With Election Day a couple of months away and record turnout expected in many states, it’s important for employers to understand their obligations when it comes to employee voting leave. It’s crucial to stay compliant while supporting your employees’ right to participate in elections. Providing Employees Time to Vote Employers must understand their responsibilitiesContinue Reading
Federal Court Strikes Down FTC’s Non-Compete Ban Nationwide
A significant legal decision has recently been made that impacts businesses across the United States. On August 20, 2024, the U.S. District Court for the Northern District of Texas struck down the Federal Trade Commission’s (FTC) rule that would have banned non-compete agreements with workers nationwide. This ruling comes weeks before the ban wasContinue Reading
Understanding Wage and Hour Issues During and After Natural Disasters
A Practical Guide for Employers For employers, navigating wage and hour issues can be complex, especially when unexpected circumstances arise. It’s important for employers to understand their obligations under the Fair Labor Standards Act (FLSA) and related state laws. Here’s a straightforward guide to help you manage these situations effectively. Paying Employees Who Aren’tContinue Reading
Reminder: Record Employee Non-Cash Fringe Benefits
What are non-cash fringe benefits? Non-cash fringe benefits are benefits an employee doesn’t receive cash for but does get taxed on. Some examples of commonly used fringe benefits are gift cards, Group Term Life Insurance greater than $50,000, personal use of a company vehicle, or health insurance premiums for 2% shareholder employees of S-Corps.Continue Reading
Stay Compliant: New Updates to Form I-9
The U.S. Citizenship and Immigration Services (USCIS) has updated Form I-9 used for Employment Eligibility Verification, extending its expiration date to 05/31/2027. Employers must now use the Form I-9 with the edition date of 08/01/23, which may have expiration dates of either 07/31/2026 or 05/31/2027. Either form can be used until its respective expirationContinue Reading
Updates On The Controversial Joint Employer Rule
The National Labor Relations Board (NLRB) recently retracted its controversial joint employer rule, which would have made it easier for workers to be considered employees of multiple entities. However, employers shouldn’t breathe a sigh of relief just yet. Four months ago, a Texas federal court judge struck down this rule, and the NLRB hasContinue Reading
Pregnant Workers Fairness Act
The U.S. Equal Employment Opportunity Commission (EEOC) has finalized regulations to enforce the Pregnant Workers Fairness Act (PWFA), effective June 18, 2024. This new regulation aims to support pregnant employees by ensuring they can continue working comfortably and safely. It is also enforced like other federal employment discrimination laws. Who Does the PWFA ApplyContinue Reading
Update On The New Federal Overtime Rule
Rule goes into effect today, for most. A Win for The State of Texas as an Employer According to Fisher & Phillips LLP, the state of Texas, as an employer, is exempt from complying with today’s new exempt salary threshold due to a Friday court order. This exemption applies solely to the state itself;Continue Reading