Form W-2s will be arriving in the next couple of weeks and it is important for employers in certain states and locations to be aware of a specific notice requirement regarding the Earned Income Tax Credit (EITC). What is EITC? An Earned Income Tax Credit (EITC) is a reduction in the amount of … [Read more...] about A 2018 Guide to the EITC
What is EITC? An Earned Income Tax Credit (EITC) is a reduction in the amount of tax an employee owes (or an increase in income tax refunds) and it is available to certain qualified individuals. In some states, employers are required to provide specific notices to inform their employees about the … [Read more...] about What are your EITC obligations?
Now that we are halfway through the 4th quarter of 2016, it is time to start making changes to your 2017 company handbook. There are a number of Illinois law updates to keep in mind as you make changes. VESSA The Victims' Economic Security and Safety Act (VESSA) was recently amended with … [Read more...] about Illinois Company Handbook Updates for 2017
If your business has employees, there is a chance you may receive a notice in the mail from the Health Insurance Marketplace. This notice will let you know that you have an employee who submitted an application for health coverage through the ACA Marketplace and they have been determined to be … [Read more...] about What’s this Health Insurance Marketplace Notice??
Ready or not (and aren't we all ready?), Tuesday, November 8th is Election Day. As the date approaches, it is important to ensure that your company's Voting Leave Policy is up-to-date and your employees are aware of their rights under the law. Federal Law protects a citizen's right to vote, but … [Read more...] about Employee Time Off on Election Day
Last year, we warned employers about the risk of hiring unpaid interns. This risk is still a very relevant issue, and more recently, the circuit courts have provided new factors to consider, in addition to the DOL’s existing six factor test. The new factors, also known as the Primary Beneficiary … [Read more...] about Interns: To Pay or Not To Pay
For many employers, upcoming changes to the FLSA rules governing who is exempt vs. non-exempt from overtime (OT) will result in increased payroll costs -- either via higher salaries or higher OT. Plan now. Don't get caught scrambling at the last minute to understand the coming changes and implement … [Read more...] about Ready to pay overtime to Exempt Employees? FLSA changes coming soon…
With the summer internship season set to begin soon, are you ready to welcome interns into your company with full-confidence that you are complying with all employment laws? Including compensating them appropriately? Don’t find out the hard way: it is important that you have a good understanding of … [Read more...] about 5 Things You Must Do Before Hiring an Intern