On July 17, 2017, the USCIS released a new version of and instructions for Form I-9, Employment Eligibility Verification. Employers must use only the new version by September 18, 2017. Here is an overview of some of the key changes: The Consular Report of Birth Abroad (Form FS-240) will be added to List C. Employers [...]Continue Reading →
Posts Tagged 'employer compliance'
On December 30th, 2015, the IRS issued an announcement that may help employers that are providing identity protection services to their employees. Key points in the announcement included: Employers do not have to include the value of the benefit in employees’ wages and gross income Employers do not have to report the amounts on Form W-2 [...]Continue Reading →
Last month, legislation was passed that retroactively increased the 2014 transit benefit monthly limit from $130 to $250. The IRS has issued new guidance to help employers understand what action they may need to take. This includes a special administrative procedure for employers to use in filing Form 941 for the fourth quarter of 2014. Special [...]Continue Reading →
Effective January 1, 2016, a new local law in New York City will require most employers with 20 or more full-time employees to offer full-time employees the opportunity to use pre-tax earnings to purchase qualified transportation fringe benefits — other than qualified parking — in accordance with federal law. Under this law, a “full-time employee” is defined as an employee [...]Continue Reading →
Under the Medicare Part D program, employers who offer prescription drug coverage are required to provide an annual notice. It must be sent to those Medicare Part D eligible individuals who are covered by, or who apply for, prescription drug coverage under the group health plan. In addition, plan sponsors are required to provide notices [...]Continue Reading →
On Sept. 10, 2014, California Governor Jerry Brown signed into law the Healthy Workplaces, Healthy Families Act of 2014. Beginning on July 1, 2015, employers will be required to provide paid sick days to employees who work 30 or more days in a calendar year. If this law applies to your business, here are a few key [...]Continue Reading →
To help employers prepare to meet reporting requirements under the Affordable Care Act, the IRS recently released draft forms related to the “Pay or Play” rules. This compliance requirement will support IRS Code Sections 6055 and 6056. The intention of this effort is to promote transparency regarding health plan coverage and costs. In addition, these [...]Continue Reading →