Posts from July 2015.
Chris Allesee
Tucked away as a revenue offset in a piece of recent legislation passed late last month, Congress approved increases to the penalties assessed to employers that fail to file, untimely file, or file incomplete or inaccurate informational returns to the IRS or corresponding payee statements to employees (e.g., the W-2, Forms 1099 ...
Tucked away as a revenue offset in a piece of recent legislation passed late last month, Congress approved increases to the penalties assessed to employers that fail to file, untimely file, or file incomplete or inaccurate informational returns to the IRS or corresponding payee statements to employees (e.g., the W-2, Forms 1099 ...
Chris Allesee
On Wednesday, the DOL’s Wage and Hour Division issued an Administrator’s Interpretation that has made some noise in the employment law community. The DOL has long taken issue with the misclassification of employees as independent contractors under the Fair Labor Standards Act (“FLSA”), and in this Interpretation ...
On Wednesday, the DOL’s Wage and Hour Division issued an Administrator’s Interpretation that has made some noise in the employment law community. The DOL has long taken issue with the misclassification of employees as independent contractors under the Fair Labor Standards Act (“FLSA”), and in this Interpretation ...
Chris Allesee
Only a year ago, the IRS issued a series of private letter rulings approving the use of a plan amendment in a defined benefit plan that established a temporary window for participants that were already receiving an annuity to take a lump-sum election instead. The election windows seemed to be a win-win proposition – plans de-risk ...
Only a year ago, the IRS issued a series of private letter rulings approving the use of a plan amendment in a defined benefit plan that established a temporary window for participants that were already receiving an annuity to take a lump-sum election instead. The election windows seemed to be a win-win proposition – plans de-risk ...
Chris Allesse
The IRS has taken a hard position on employer payment plans under the ACA, and now the time is up for small employers to comply. An employer payment plan generally consists of an employer agreeing to pay or reimburse an employee’s premiums (on either a pre-tax or after-tax basis) for an individual health insurance ...
The IRS has taken a hard position on employer payment plans under the ACA, and now the time is up for small employers to comply. An employer payment plan generally consists of an employer agreeing to pay or reimburse an employee’s premiums (on either a pre-tax or after-tax basis) for an individual health insurance ...