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IRS Provides Guidance on Information Reporting For COBRA Premium Subsidies
The Internal Revenue Service (IRS) has released Notice 2009-27, Premium assistance for COBRA benefits. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily...
IRS Provides Guidance on Documentation Required by Insurers and Multiemployer Plans
The Internal Revenue Service (IRS) has released Notice 2009-27, Premium assistance for COBRA benefits. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily...
Question of the Week: Is a Non-student Holding a J-1 Visa Exempt from FICA Tax Withholding?
This week’s question comes from Norma, an HR manager. I know that students with J-1 visas are exempt from FICA tax withholding in certain circumstances. We hired a non-student with a J-1 visa. Is a...
Unemployment Insurance Weekly Claims Report Update for July 4, 2009
According to the US Department of Labor, in the week ending July 4, the advance figure for seasonally adjusted initial claims was 565,000, a decrease of 52,000 from the previous week’s revised...
Tip of the Week: Lay Off Using Layoffs to Manage Poor Performing Employees
Many employers are tempted to use layoffs as a method for avoiding problem employees. By failing to follow proper procedures for disciplining and terminating problem employees, however, employers...
IRS Provides Guidance on Credits for Employers Using Form 2678 Agents
The Internal Revenue Service (IRS) has released Notice 2009-27, Premium assistance for COBRA benefits. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily...
IRS Provides Guidance on Premiums Paid from an HRA
The Internal Revenue Service (IRS) has released Notice 2009-27, Premium assistance for COBRA benefits. Pursuant to the American Recovery and Reinvestment Act of 2009 or ARRA, certain involuntarily...
Tennessee Retroactively Increases Wage Limit and Tax Rates
Democratic Governor Phil Bredesen of Tennessee recently signed HB2324/SB2315 into law. Under the newly-enacted legislation, the 2009 wage base is increased from $7,000 to $9,000 retroactively to...
Unemployment Rate Rose to 9.5 Percent in June
Nonfarm payroll employment continued to decline in June (-467,000), and the unemployment rate was little changed at 9.5%, the Bureau of Labor Statistics of the US Department of Labor reported...
Question of the Week: Is a Student Holding a J-1 Visa Exempt from FICA Tax Withholding?
This week’s question comes from Ron, a payroll department manager. We have a student who works for us who holds a J-1 Visa. He says that he should not have FICA tax withheld. Is a student holding a...
