Payroll

Details of 2015 health care reporting trickle out

09/04/2015

Beginning next year, you must provide all full-time employees with Form 1095-C to report offers of health insurance. The IRS reiterates that all large employers (i.e., those with at least 50 full-time employees, including full-time equivalent employees) must provide full-time employees with forms, even employees who turn down offers of coverage, and file those forms by the W-2 deadlines. To help you jump-start your Form 1095-C reporting, the IRS has released draft versions of Forms 1095-C and 1094-C.

Exempts are getting a raise: Here’s what you should do now

09/03/2015

The Department of Labor’s proposed regulations raising the salary limit exempt employees must earn aren’t complicated, so the DOL can probably get them out in final form quickly. Don’t wait for the final regs; you need to develop a compliance strategy now.

NACHA’s same-day settlement rule benefits Payroll

09/02/2015

NACHA—the electronic banking organization that makes direct deposit and other electronic transactions possible—has revised its operating rules to allow for the same-day settlement of electronic transactions, such as payroll.

Download this all-states chart on worker classification tests

08/28/2015

This chart lists the states and the test that each uses to determine workers’ status.

Must we pay out unused PTO on termination?

08/26/2015

Q. I know that California employers are required to pay out unused vacation time, but what about accrued but unused PTO or floating holidays?

New same-day settlement rules mean faster funds

08/26/2015

NACHA—the electronic banking organization that makes direct deposit and other electronic transactions possible—has revised its rules to allow for same-day settlement of electronic transactions, including payroll.

2nd Circuit says interns don’t necessarily have to be paid

08/13/2015

In two recent cases decided in July, the 2nd Circuit Court of Appeals has held that in many instances, unpaid interns may not necessarily be employees covered by the Fair Labor Standards Act and the New York Labor Law.

Don’t let do-it-yourself pay audit trip you up

08/07/2015

If you perform a self-audit of your company’s pay policies, and an employee sues you for wage-and-hour violations, be aware that a court may compel you to provide your findings to the employees’ attorneys. However, there are steps you can take to minimize this possibility.

August 2015: Employer’s business tax calendar

07/31/2015

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

Do you need to pay staff so often?

07/21/2015

There is no button you can push to make a paycheck pop out, yet almost everyone in your company thinks payroll processing is automatic. That can lead to problems at every level of the organization if you’re thinking of switching pay frequencies, according to Lisa Poole, CPP, VP, HR Payroll Operations for Sun Trust Bank. Poole gave attendees at the American Payroll Association’s annual Congress some helpful suggestions for handling the change process.