The IRS has amended regulations regarding electronic filing requirements for certain information returns, including Forms W-2. This change, outlined in Treasury Decision 9972 and published on February 23, 2023, has
Revenue Procedure 2023-24 was recently released by the IRS regarding the 2024 COLAs for various tax-related limits, which apply to many common employer-provided fringe benefits. Here are some of its
Earlier this year, the IRS released Revenue Procedure 2023-29, in which it announced an important indexing adjustment to the Affordable Care Act (ACA). With the year end here and a
By: Patti Callaway As we approach the end of the year, organizations are gearing up for the inevitable – year-end payroll. This crucial aspect of operations demands meticulous attention for
Inflation may be slightly less of a hot topic issue these days, but it’s still very much top-of-mind for many employers. Specifically, one task that your organization’s leadership will need
In today’s workforce, most employers are expected to provide a retirement savings plan for their employees. For many years, offering up the plan itself was simply the only expectation. However,
The job market has mostly stabilized following the significant disruptions caused by the pandemic and its aftermath. However, this doesn’t mean that employers should ease up on their hiring processes
When two or more separate entities work together, they might be considered a joint employer under the National Labor Relations Act, and the legal consequences could be serious. For instance,
Leadership teams would all likely concur that maintaining well-crafted training programs for all roles is crucial for their organizations to thrive. Nevertheless, it’s quite common for training to deteriorate, become
The Federal Unemployment Tax Act (FUTA) mandates that employers must contribute taxes based on their employees’ earnings. These funds, in turn, support federal unemployment benefits for eligible workers. If you’re
