Tuesday, May 30, 2023
|
Comprehensive Service
The Denver Auditor's Office has issued civil wage theft rules in response to recently passed Ordinance 22-1614. The Ordinance, among other things, increased the civil penalties for wage theft violations in the City.
Tuesday, May 30, 2023
|
TotalSource- WFN
The Form I-9 (I-9) is used to verify a new hire's identity and work authorization. Employers must ensure that each employee properly completes the I-9 at the time of hire. Completing an I-9 can be more complicated for employees who are working remotely, especially now that a U.S. Department of Homeland Security (DHS) temporary policy that allowed virtual inspection of documentation in some cases is about to expire on July 31.
Tuesday, May 30, 2023
|
TotalSource- Core
The Form I-9 (I-9) is used to verify a new hire's identity and work authorization. Employers must ensure that each employee properly completes the I-9 at the time of hire. Completing an I-9 can be more complicated for employees who are working remotely, especially now that a U.S. Department of Homeland Security (DHS) temporary policy that allowed virtual inspection of documentation in some cases is about to expire on July 31.
Tuesday, May 30, 2023
|
Comprehensive Service
When the Consolidated Appropriations Act of 2023 was signed into law late last year, it included several provisions affecting retirement savings plans. These provisions, collectively referred to as SECURE 2.0, offer many new benefits to employers and employees that are designed to make it more attractive for employers to offer retirement plans and to improve retirement outcomes for employees. The focus of this update is on provisions affecting long-term part-time employees’ eligibility to participate in 401(k) and 403(b) plans. Under SECURE 1.0, long-term part-time employees could participate in 401(k) retirement plans if they completed 1,000 hours of service within one year or 500 hours in each of three consecutive years for the 2024 plan year. SECURE 2.0 changes the eligibility requirements to be considered a long-term, part-time employee from three consecutive years to two consecutive years for employees hired in 2023 or later. SECURE 2.0 applies to 401(k) and 403(b) plans.
Tuesday, May 30, 2023
|
Comprehensive Service
The Internal Revenue Service (IRS) via Revenue Procedure 2023-23 has released the inflation-adjusted contribution limitations for calendar year 2024 in relation to health savings accounts (HSAs) and high-deductible health plans (HDHPs).
Tuesday, May 30, 2023
|
Comprehensive Service
Recently the Internal Revenue Service (IRS) released a Chief Counsel Memo confirming its long-standing position that all flexible spending account (FSA) expenses must be substantiated.
Tuesday, May 30, 2023
|
Comprehensive Service
The Department of Homeland Security (DHS) is reminding employers that the temporary policy that allowed employers to inspect Form I-9 documents remotely in certain situations related to COVID-19 will end on July 31, 2023. DHS also announced that employers will have until August 30, 2023 to perform all required in-person/physical examinations of I-9 documents for those individuals who have only received a virtual examination.
Tuesday, May 30, 2023
|
TotalSource- WFN
Did you hear the news? During the week of May 22, we celebrated the first ever National Professional Employer Organizations (PEO) Week in the United States – and took the story of hard-working small and mid-size businesses to Washington, D.C., to influence key leaders and organizations who need to hear from you. Read more from our SVP Kristen Appleman about what this means for you.
Tuesday, May 30, 2023
|
TotalSource- Core
Did you hear the news? During the week of May 22, we celebrated the first ever National Professional Employer Organizations (PEO) Week in the United States – and took the story of hard-working small and mid-size businesses to Washington, D.C., to influence key leaders and organizations who need to hear from you. Read more from our SVP Kristen Appleman about what this means for you.
Thursday, May 4, 2023
|
Comprehensive Service
The U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) has released a revised Voluntary Self-Identification of Disability Form (CC-305). Federal contractors must implement the new form by July 25, 2023.