Blog
Massachusetts Freezes Unemployment Tax Rate Schedule
Under recently enacted legislation, contribution rates for Massachusetts employers will remain at Schedule E for 2010. Based on the low level of reserves in the fund, previous law would have...
Florida Delays Increase in Wage Base to 2012
Florida Governor Charlie Crist has signed a bill to delay the increase in the unemployment wage base until 2012. Originally, the wage base was to increase from $7,000 to $8,500 in 2010. The new law...
IRS To Honor Medical Resident FICA Refund Claims
In IR-2010-025, the Internal Revenue Service (IRS) announced that it “has made an administrative determination to accept the position that medical residents are excepted from FICA taxes based on the...
Unemployment Rate Steady at 9.7 Percent in February
Nonfarm payroll employment was little changed (-36,000) in February, and the unemployment rate held at 9.7%, the US Bureau of Labor Statistics reported recently. Employment fell in construction and...
Question of the Week: Has the COBRA Premium Subsidy Been Extended
This week’s question comes from Dawn, an HR manager. We are terminating someone today. I thought the COBRA subsidy expired at the end of February. Now I hear that it’s been extended again. Has the...
Unemployment Insurance Weekly Claims Report Update for February 27, 2010
According to the US Department of Labor, in the week ending February 27, the advance figure for seasonally adjusted initial claims was 469,000, a decrease of 29,000 from the previous week’s revised...
Tip of the Week: Second Quarter Interest Rates Remain Unchanged
In IR-2010-022, the Internal Revenue Service (IRS) announced that interest rates for the second quarter of 2010 would remain unchanged from the first quarter. The rates are as follows: Four (4)...
US Department of Labor Issues and Withdraws Opinion Letter on Exempt Status of Client Service Managers
The US Department of Labor (DOL) recently issued Administrator signed Opinion Letter FLSA2009-26. Although Opinion Letters only apply to the exact set of facts and circumstances presented in each...
US Department of Labor Issues and Withdraws Opinion Letter on Salary Deductions from Exempt Registered Nurse
The US Department of Labor (DOL) recently issued Administrator signed Opinion Letter FLSA2009-25. Although Opinion Letters only apply to the exact set of facts and circumstances presented in each...
US Department of Labor Issues and Withdraws Opinion Letter on Overtime Pay for Employees with Fluctuating Workweeks
The US Department of Labor (DOL) recently issued Administrator signed Opinion Letter FLSA2009-24. Although Opinion Letters only apply to the exact set of facts and circumstances presented in each...
