Compensation & Benefits

DOL obtains $866k judgment against bank ESOP fiduciaries

12/22/2016

The U.S. Department of Labor Employee Benefit Security Administration has obtained a judgment against fiduciaries for the California Pacific Bank’s Employee Stock Ownership Plan after they failed to make employees whole following the plan’s dissolution.

Ensure wellness programs comply with new EEOC rules

12/22/2016

Know the new rules regarding financial inducements in employer-sponsored wellness programs.

Have contractors use official business name on invoices

12/22/2016

Make sure independent contractors invoice your company in their official business entity’s name, not simply with their name.

Fearing retirement, workers worry about Social Security

12/21/2016

The legacy of the 2008 economic crash still has many Americans stressed about their fiscal futures even as they near retirement age.

New NYDOL regs address direct deposit, paycards

12/20/2016

The New York Department of Labor has issued regulations covering how employers manage payroll direct deposit and debit cards.

February 2017: Employer’s business tax calendar

12/20/2016

Here’s your monthly guide to critical payroll due dates.

IRS warns against health plans’ double dipping

12/20/2016

Double dips are great for ice cream cones, but not group health benefits.

Time to chuck your old Forms I-9

12/20/2016

It’s time to put I-9 forms with a 03/08/2013 expiration date in the recycling bin.

In the Payroll Mailbag …

12/20/2016

The wrong SSN … Payments in January for December work

IRS goes all in on failure-to-file penalties

12/20/2016

If you intentionally fail to e-file information returns when you’re required to do so, you will be socked with a failure-to-file penalty.