Tag Archives: regulation
OSHA’s Form 300A
The Recordkeeping Policies and Procedure Directive that took effect early 2025 requires certain employers to submit detailed work-related injury and illness data electronically. It expanded the definition of hazardous industries and added more obligations for some businesses. The rule clarifies the Occupational Safety and Health Administration’s (OSHA’s) stance on hazardous workplaces and adds updatesContinue Reading
Supreme Court Ruling Simplifies FLSA Exemption Standards for Employers
The U.S. Supreme Court recently ruled in the case of E.M.D. Sales, Inc. v. Carrera, that employers only need to meet the lower “preponderance of the evidence” standard to show that employees fall under an exemption to the Fair Labor Standards Act’s (FLSA) minimum wage and overtime requirements. This decision simplifies the process forContinue Reading
ACA Reporting Just Got Easier
Great news for employers! Two new laws signed on December 23, 2024, the Paperwork Burden Reduction Act (PBRA) and the Employer Reporting Improvement Act (ERIA), which bring significant changes to Affordable Care Act (ACA) reporting requirements. These updates are designed to simplify processes for Applicable Large Employers (ALEs). Simplified Reporting for Forms 1095-C andContinue Reading
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