Tag: IRS

What is Leave Sharing or Leave Donation?

Have you heard of a leave donation or leave sharing program? In this type of program, employers allow employees to donate some of their accrued paid leave time to other employees who have already used all of theirs but who need additional hours or days to cover an emergency.

What are Your Legal Obligations Related to Payroll Administration?

For any business that hires employees, it’s important to understand the legal obligations related to processing payroll. Typically, an employer is free to set up its own system of payroll administration and can choose the frequency of pay as well as the day of the week that is the designated pay day. However, there are […]

dates

Employers get extension on some ACA reporting dates

The IRS has announced that it has extended the deadline for employers subject to certain reporting requirements necessary under the Affordable Care Act (ACA). New deadlines have been set for employers subject to Sections 6055 and 6056 reporting requirements: The deadline for employers to furnish employees Form 1095-B, Health Coverage, and Form 1095-C, Employer-Provided Health […]

On Demand: Netflix, Hulu, Apple TV and Employees?

Netflix, Hulu, Roku, Apple TV. Everything is on demand today—including employees, says attorney Deanna Brinkerhoff. Deanna Brinkerhoff, an associate in the Las Vegas office of law firm Holland & Hart LLP, offered her tips at BLR’s Advanced Employment Issues Symposium held recently in Las Vegas. Why Recruiters Are Looking for More On-Demand Talent Brinkerhoff notes […]

IRS Extends ACA Employer Reporting Due Dates

Employers will have 60 more days to send notices to participants and beneficiaries, and about 90 more days to send notices to the IRS about health coverage offered and employees’ health coverage status, the IRS announced Dec. 28. IRS Notice 2016-4 extends the due dates of the information reporting requirements for insurers, self-insuring employers and […]

More Pitfalls of Cash Wellness Incentives

In yesterday’s Advisor, Sonic Boom Wellness cofounder Bryan Van Noy provided the first three of his six reasons why cash is not as effective as a wellness incentive. Today, Van Noy provides his final three arguments against cash incentives, and provides a few alternatives for employers.

ACA Tax Reporting Requirements for Large Employers: The Time to Prepare Is Now

By Jennifer Carsen, JD Few would claim their favorite season is “tax season,” and this year large employers have yet another reason to dread it: Mandatory filing requirements dictated by the Affordable Care Act (ACA) kick in for 2015. If you are an Applicable Large Employer (ALE), it’s important to note that you are responsible […]