Sep 25, 2018 | Industry News, Regulatory Updates
The Internal Revenue Service (IRS) announced last Thursday that it will delay major revisions to the Form W-4, Employee’s Withholding Allowance Certificate, until the 2020 version. The 2019 version of the Form W-4 will be similar to the current 2018 version and will...
Jul 18, 2018 | Industry News, Regulatory Updates
New Jersey has become the 10th state to adopt mandatory paid sick leave. The law goes into effect on October 29, 2018 and provides up to 40 hours of paid sick leave per year to covered employees. The state sick leave law overrides all current municipal ordinances....
Jul 16, 2018 | Industry News, Regulatory Updates
The Internal Revenue Service (IRS) released a one-page “Paycheck Checkup” flyer earlier this month. Its purpose is to encourage employers to remind employees that they should review their federal income tax withholding allowances. Doing so may help prevent a...
Jun 26, 2018 | Regulatory Updates
Several states and localities, including those in Illinois, Maryland, Washington, DC, California, Maine, Minnesota and Oregon will raise the minimum wage effective Sunday, July 1, 2018. The updated hourly rates include: Chicago, IL: $12.00 Cook County, IL: $11.00...
Jun 15, 2018 | Industry News, Regulatory Updates
Let’s face it. A number of employers intentionally misclassify workers as independent contractors rather than employees. It is estimated that 10 to 20 percent of employers misclassify at least one worker. Both old- and new-economy sector workers are impacted, in...
Jun 1, 2018 | Human Resources, Regulatory Updates, Small Business Resources
Employers who do not pay attention to their state unemployment insurance (SUI) rates may take an unnecessary financial hit. Since it is one of the few tax rates over which employers can have some influence, an understanding of how it works can help you act to...
