Many businesses consider having an intern due to budgetary concerns in hiring an employee. However, an intern is not free labor. An internship must be a learning experience for the benefit of the intern and not the employer. Are interns entitled to benefits under...
The Internal Revenue Service (IRS) recently released an information sheet attached to 2009 Form 8846, Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips. The note on the information sheet relates to employers that have claimed payroll...
As one of the health care reform provisions of the Patient Protection and Affordable Care Act (PPACA), a tax credit is available to help offset the employer health care cost of offering employee benefits. On May 17, 2010, the Internal Revenue Service (IRS) provided...
In 2010, the US Occupational Safety and Health Administration (OSHA) has increased its budget, the size of its enforcement team, and the number of its enforcement actions, which all point to a big warning for businesses to make sure a proper safety and health program...
In IR-2010-065, the Internal Revenue Service (IRS) announced that interest rates for the third quarter of 2010 would remain unchanged from the second quarter. The rates are as follows: Four (4) percent for overpayments [three (3) percent in the case of a corporation];...
In a recent study conducted by the Society for Human Resource Management (SHRM), 21% of employees quit their jobs because they believed their boss to be incompetent or difficult. The first step toward making sure that none of your managers becomes crowned as an...
A job offer letter should try to contain the right combination of professionalism, optimism, information and, of course, relevant disclaimers. Court cases such as Williams v. Computer Resources, Inc., 851 P.2d 967 (Idaho 1993) show the importance of proper wording in...
In Rev. Rul. 2010-13, Average Premium for Small Group Market for Determining the Small Employer Health Insurance Credit, the Internal Revenue Service (IRS) and the Department of Health and Human Services (HHS) released the chart containing the small group market in...
The Internal Revenue Service (IRS) recently released a draft Form 941, Employer’s QUARTERLY Federal Tax Return, to be used by employers to claim payroll tax forgiveness under the HIRE Act for qualifying new hires. Newly added lines on Form 941 include the following:...
The recently passed HIRE Act allows employers to save $2,500 in payroll taxes for new hires earning $33,000 and provides even greater savings for hiring more highly paid employees. The Health Care Reform bill added an income tax credit for employers who pay for a...
On March 23, 2010, President Obama signed into law the Patient Protection and Affordable Care Act, landmark legislation reforming health care in the US. While this newly enacted law will affect healthcare insurance coverage for millions of workers, many companies are...
The Internal Revenue Service (IRS) has released Form W-11, Hiring Incentives to Restore Employment (HIRE) Act Employee Affidavit. Employers can use Form W-11 to confirm that an employee is a qualified employee under the HIRE Act. Alternatively, they can use another...
Employers must constantly navigate a minefield of state and federal wage and hour laws. Effectively avoiding common employer pitfalls could save your business thousands of dollars every year. How do you determine which workers should be classified as independent...
Under the Hiring Incentives to Restore Employment Act (HIRE Act), employers who hire certain unemployed workers are allowed not to pay certain employment taxes. Employers who claim the exemption under the HIRE Act may not claim the Work Opportunity Tax Credit with...
HR 2847, An Act making appropriations for the Departments of Commerce and Justice, and Science, and Related Agencies for the fiscal year ending September 30, 2010, and for other purposes, was passed by Congress and sent to President Barack Obama who indicated he will...
Many employers have real concerns about avoidable expenses resulting from employee damage to company property. Some employers have specific policies requiring employees to reimburse for the damages often in the form of payroll deductions or a deduction from the...
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) percent for overpayments [three (3) percent in the case of a corporation];...
The filing deadline for 2009 Form 1096 is March 1, 2010 for most returns. The returns due on that day include Forms 1099, Form 1098, Form 3921, Form 3922, and Form W-2G. The deadline for filing Form 5498, Form 5498-ESA, and Form 5498-SA is June 1, 2010. Filers...
Business owners should be proactive in confirming work eligibility before hiring a new employee. Compared to dealing with Immigration and Customs Enforcement, internally addressing issues right up front is a lot easier. The Form I-9 is the form used to verify that an...
Employees who have provided a Form W-4, Employee’s Withholding Allowance Certificate claiming exemption from federal income tax withholding must file a new 2010 Form W-4 by February 16, 2010 in order to continue their exemption from federal income tax withholding....
The US Department of Labor (DOL) has released updated COBRA model notices to help employers meet the notification requirements created by the passage of the Department of Defense Appropriation Act, 2010 (2010 DOD Act). The notices are the Updated General Notice, the...
Do you need to know the most important employment legislation, HR case laws, workplace trends, and major employee issues anticipated for 2010 and how they affect employers? In this month’s HRCast, a recording provided by our team of HR Pros and available exclusively...
The Internal Revenue Service (IRS) recently released 2010 Form W-5, Earned Income Credit Advance Payment Certificate. There are four criteria for claiming advance earned income credit (EIC) payments. Taxpayer (and spouse if filing jointly) must have a valid social...
Last December, President Barack Obama had authorized to deploy more than 30,000 troops for military service which would impact a greater number of employees and their employers. Earlier in October, President Obama had signed the National Defense Authorization Act...
There were many changes in employment laws during 2009 with more anticipated for 2010. These changes require employers to review and establish new company Employee Handbook policies to address emerging workplace issues. Is a handbook required in 2010? What are the...
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