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ACA Compliance Bulletin: Final Forms for 2018 ACA Reporting Released

The Internal Revenue Service (IRS) has released the final forms and instructions for 2018 reporting under Revenue code Sections 6055 and 6056. Links to the forms and related instructions can be found in the opening section of this Compliance Bulletin. It can be noted that the 2018 forms and instructions are very similar to those … Continued

ACA Compliance Bulletin: Final Forms for 2018 ACA Reporting Released

The Internal Revenue Service (IRS) has released the final forms and instructions for 2018 reporting under Revenue code Sections 6055 and 6056. Links to the forms and related instructions can be found in the opening section of this Compliance Bulletin. It can be noted that the 2018 forms and instructions are very similar to those … Continued

ACA Compliance Bulletin: Draft Forms for 2018 ACA Reporting Released

The Internal Revenue Service (IRS) released 2018 Patient Protection and Affordability Care Act (PPACA) draft Forms 1094-C and 1095-C on July 11, 2018. The updated forms will be used by applicable large employers (ALEs) to report under Section 6056, as well as by ALEs who sponsor self-insured plans for combined Section 6055 and 6056 reporting. … Continued

Compliance Bulletin: FLSA Amendment Prohibits Employers from Retaining Tips, Allows Tip Pooling

On March 23, 2018, a bill was enacted which amended the Fair Labor Standards Act (FLSA) tip credit rules. This amendment prohibits employers from retaining employees’ tips and eliminated prior regulations that barred tip pooling. The attached Zywave Compliance Bulletin provides an overview of these amendments.Read Compliance Bulletin

Compliance Bulletin: DOL Revises Guidance on Employee Classification

The Department of Labor (DOL) recently updated their guidance on employee classification under the Fair Labor Standards Act (FLSA). Employers are still required to properly classify their workers, however, these updates may provide employers with more flexibility, when classifying their workers for federal labor law purposes.Read Compliance Bulletin

IRS Issues New Tools for 2018 Withholding

Effective February 15, 2018, employers must use new tables to determine how much income tax to withhold from their employees’ paychecks. The Internal Revenue Service (IRS) issued the required, new tables, which reflect changes made by the Tax Cuts and Jobs Act, on January 9, 2018. The IRS also released a revised Form W-4 and … Continued

Spending Resolution Affects ACA Taxes

On January 22, 2018, President Trump signed into law a short-term continuing spending resolution, to end the government shutdown and continue funding through February 8, 2018. The continuing resolution impacts three Affordable Care Act (ACA) taxes and fees – the Cadillac tax, the health insurance providers fee, and the medical device excise tax. Employers should … Continued

IRS Issues New Tax Withholding Tables for 2018

The Internal Revenue Service (IRS) issued the new required tax withholding tables, which reflect changes made by the Tax Cuts and Jobs Act, on January 9, 2018. Employers will need to use the new tables beginning on February 15, 2018, to determine how much income tax to withhold from employees’ paychecks. The IRS will issue … Continued

New Rules for Disability Claims Will Take Effect on April 1, 2018

The Department of Labor (DOL) has announced that, effective April 1, 2018, employee benefit plans must comply with new requirements for disability benefit claims. In December 2016, the DOL released a final rule to strengthen the claims and appeals requirements for plans that provide disability benefits. The final rule was scheduled to take effect on … Continued

Compliance Bulletin: DOL Increases Civil Penalty Amounts for 2018

January 2, 2018, the Department of Labor (DOL) issued a final rule that increases the civil penalty amounts that may be imposed on employers under the Fair Labor Standards Act (FLSA), the Family and Medical Leave Act (FMLA), the Occupational Safety and Health Act (OSHA), and the Employee Retirement and Income Security Act (ERISA). Employers … Continued

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