Luscious Locks By Lorinda

Did you know that scheduling employees properly is yet another opportunity to increase your bottom line? Think about it. It costs more to recruit and train new workers than it does to take care of the good ones you already have.

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Is This Your Situation: Trying to Schedule Staff Did you know that scheduling employees properly is yet another opportunity to increase your bottom line? Think about it. It costs more to recruit and train new workers than it does to take care of the good ones you already have.

Sign up for Michael's free digital quarterly newsletter, The Employer’s Advisory by emailing: [email protected]

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WEBINAR - 2022 Employment Regulations with Michael Santo Presentation Sign up for Michael's free digital quarterly newsletter, The Employer’s Advisory by emailing: [email protected]

The IRS is encouraging taxpayers to make sure they're well-informed about their tax situation as the filing deadline approaches. The key topics include special steps related to charitable contributions, economic impact payments and advance child tax credit payments. Here are some key items for taxpayers to know before they file next year.

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IRS Presents Filing Tips for 2022 The IRS is encouraging taxpayers to make sure they're well-informed about their tax situation as the filing deadline approaches. The key topics include special steps related to charitable contributions, economic impact payments and advance child tax credit payments.

Qualifying events include job termination for reasons other than gross misconduct, reduction in work hours, divorce, or death of the covered employee. Individuals entitled to COBRA, called "qualified beneficiaries," include the covered employee, their current or former spouse, or their dependent child.

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Which Health Benefits Does COBRA Cover? The COVID-19 pandemic put a new spotlight on insurance: who is entitled to it and who isn't when an employee departs.

In a 7-2 decision, the U.S. Supreme Court upheld, again, the Affordable Care Act. Texas and other states had sued to overturn it. The court's opinion, written by Justice Stephen Breyer, said that plaintiffs had argued that without the noncompliance penalty, which had been stripped from the act, the entire law was unconstitutional.

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Affordable Care Act Upheld — Again In a 7-2 decision, the U.S. Supreme Court upheld, again, the Affordable Care Act. Texas and other states had sued to overturn it.

Forward-thinking companies realize the need to be prepared for another disruption. Arguably, the biggest contributor to being able to pivot as necessary is an agile firm culture. Many companies operate under a traditional, reactive chain of command. Changing that means changing the way people work and interact.

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Changing Culture to Manage Future Disruptions If the COVID-19 pandemic taught businesses anything, it is that resilience and agility matter. Companies that never thought about operating remotely were forced to change to virtual companies in the blink of an eye. Families needed to quickly pivot too.

Colorado Department of Labor has announced that fraudulent unemployment claims are rising across the state.

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IRS Issues Warning on Fraudulent Unemployment Forms Colorado Department of Labor has announced that fraudulent unemployment claims are raising across the state.

Form W-4 helps employers determine how much federal income tax to take out of their employees' wages. On the form, employees state their withholding conditions, such as filing status, number of allowances, and any additional amount they want to be withheld. It is the employee's responsibility to fill out the form so that the right amount is withheld.

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Should You Honor All W-4 Requests? Form W-4 helps employers determine how much federal income tax to take out of their employees' wages. On the form, employees state their withholding conditions, such as filing status, number of allowances and any additional amount they want withheld.

The Treasury Department and the IRS have issued Notice 2021-53, which provides guidance to employers about using Form W-2 to report the amount of qualified sick and family leave wages paid to employees for leave taken in 2021.

https://loom.ly/3mwGKQQ

Sick and Family Leave Reporting Guidance The Treasury Department and the IRS have issued Notice 2021-53, which provides guidance to employers about using Form W-2 to report the amount of qualified sick and family leave wages paid to employees for leave taken in 2021.

In a release issued earlier this month, the U.S. Department of Health and Human Services announced a new report showing 31 million Americans have health coverage through the ACA.

https://loom.ly/6L80Ss8

Affordable Care Act Upheld — Again In a 7-2 decision, the U.S. Supreme Court upheld, again, the Affordable Care Act. Texas and other states had sued to overturn it.

The diversity of the workforce, the industry-specific overtime needs of these companies, and many other difficulties, all call for special payroll management practices.

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Payroll and Tax Issues in Healthcare Companies Healthcare companies are faced with some of the most complex and most difficult to optimize payroll and tax-related processes of all companies.

Qualifying events include job termination for reasons other than gross misconduct, reduction in work hours, divorce, or death of the covered employee. Individuals entitled to COBRA, called "qualified beneficiaries," include the covered employee, their current or former spouse, or their dependent child.

https://loom.ly/r7Erbjo

Which Health Benefits Does COBRA Cover? The COVID-19 pandemic put a new spotlight on insurance: who is entitled to it and who isn't when an employee departs.

Employees who are owed an extra hour because of DST must be paid overtime if the additional hour contributes to them working more than 40 hours for the week. You need to take that extra hour into account when determining the employee’s regular rate of pay for overtime pay purposes.

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Wage and Hour Implications of Daylight Saving Time Daylight Saving Time (DST) is the practice of pushing the clock forward 1 hour during the summer so that daylight in the evening lasts longer. Each year, DST starts on the second Sunday of March and ends on the first Sunday of November.

There was a time, not so long ago, when time sheets were filled in manually. Spreadsheets were the next development, but today, managers can choose among a variety of software options that can solve a variety of problems.

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Why Use Time and Attendance Software? Documentation is key to wage and hour compliance. Simplify time tracking by automatically calculating hours worked as well as vacation time, holidays, sick days and overtime. There was a time, not so long ago, when time sheets were filled in manually.

There's also the Consolidated Omnibus Budget Reconciliation Act, which says that employers with at least 20 employees must offer continued group health coverage to enrollees who lose their job or would otherwise lose health coverage. Many states have "mini COBRA" laws, which cover smaller employers or provide greater protection than COBRA.

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Which Benefits Are Legally Required? Unemployment insurance Unemployment insurance benefits are provided through the Federal-State Unemployment Insurance Program, which delivers short-term benefit payments to employees who lose their jobs through no fault of their own. The program is funded via federal and state unemployment taxes.

The federal minimum wage is currently at $7.25 per hour, as established by the Fair Labor Standards Act. This rate has not been raised since 2009. Employers in every state are required to pay all employees this minimum rate.

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The Minimum Wage: Know the Basics The federal minimum wage is currently at $7.25 per hour, as established by the Fair Labor Standards Act. This rate has not been raised since 2009. Employers in every state are required to pay all employees this minimum rate.

As the unemployment rate falls from its 2020 high, employees are switching jobs in record numbers. The new stability in the economy means workers have more leeway to shop around for jobs that fit their lifestyles, needs and values. Now, the onus is on employers to provide an environment that makes their star team members want to stay and also attracts new talent.

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Taxable and Nontaxable Employee Benefits As the unemployment rate falls from its 2020 high, employees are switching jobs in record numbers. The new stability in the economy means workers have more leeway to shop around for jobs that fit their lifestyles, needs and values.

The Treasury Department and the IRS have issued Notice 2021-53, which provides guidance to employers about using Form W-2 to report the amount of qualified sick and family leave wages paid to employees for leave taken in 2021.

https://loom.ly/3mwGKQQ

Sick and Family Leave Reporting Guidance The Treasury Department and the IRS have issued Notice 2021-53, which provides guidance to employers about using Form W-2 to report the amount of qualified sick and family leave wages paid to employees for leave taken in 2021.

Unemployment insurance benefits are provided through the Federal-State Unemployment Insurance Program, which delivers short-term benefit payments to employees who lose their jobs through no fault of their own.

https://loom.ly/0T4Uvt0

Which Benefits Are Legally Required? Unemployment insurance Unemployment insurance benefits are provided through the Federal-State Unemployment Insurance Program, which delivers short-term benefit payments to employees who lose their jobs through no fault of their own. The program is funded via federal and state unemployment taxes.

Thank you Michael Santo, Melissa Belden, and Dr. Christi Sanders for speaking at this years WRPA Regional Employer Advisory Seminar!

WRPA Regional Employer Advisory Seminar was a success! Thank you all for coming!