Compensation & Benefits

IRS can do better with scanning payroll returns

12/18/2024

Many employers continue to file their Forms 941 and 940 on paper because the IRS’ e-filing system is cumbersome and expensive. Paper forms are prone to transcription errors, as IRS personnel manually input your figures into computers. In a recent report, the Treasury Inspector General for Tax Administration concluded the IRS needs to do a better job of scanning tax returns.

Jan. 31 is Have Fun at Work Day (only joking)

12/18/2024

Year-end isn’t a barrel of laughs. But cheer up! There is light at the end of this tunnel if you check off these final items from your to-do list by Jan. 31.

Raise your paw if you’re on board with this new benefit

12/16/2024

The New York City Council is considering legislation that would allow employees who work in the city to take paid leave to care for their sick or injured pets.

Roundup: SECURE 2.0 provisions becoming effective in 2025

12/10/2024

We’ve written 10 blogs so far on the challenges associated with implementing SECURE 2.0. Most of these provisions become effective with either the 2025 calendar year or plan year. Today we’re providing general descriptions of these provisions so you can have them in one handy place.

DOL appeals overtime decision and injunction

12/09/2024

The Department of Labor has appealed a ruling by a federal judge in Texas that overturned the Biden administration’s rule that would have made some 4 million more white-collar workers eligible for overtime pay.

Here come the new state employment laws for 2025

12/06/2024

States are emerging as prime sources of new employment-related laws. Here is a sampling of new laws scheduled to go into effect on Jan. 1, 2025, or soon after.

A hard day’s work deserves a fair day’s pay

12/05/2024

It sounds Dickensian—some employees with disabilities working under so-called Section 14(c) certificates earn $1 or less an hour. The Department of Labor wants to end this practice. New proposed regulations would, if finalized, phase out these certificates, so employees with disabilities would need to be paid at least the minimum wage.

DOL research shows nationwide paid family and medical leave could reduce poverty

12/02/2024

According to the Urban Institute, the adoption of national paid family and medical leave providing workers up to 12 weeks to care for themselves or a loved one could mean 97% of workers are eligible for benefits.

Why you might want to track exempt workers’ time

12/02/2024

Because you must pay exempt employees their full salary in any week when they perform any work, there’s generally no need to track every hour and minute they work. But what happens if you classified the worker incorrectly and she wasn’t an exempt employee after all?

January 2025: Employer’s business tax calendar

11/30/2024

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