Treasury Streamlines ACA Reporting Rules
In the latest in a series of efforts to take the pain out of Affordable Care Act (ACA) compliance, the Treasury simplified reporting requirements for employers already providing health coverage. The rules pertain to whether and how employees are notified of their opportunity to receive health coverage. Here's what is new.
Will March Bring Madness to the Workplace?
"Selection Sunday" tips off on March 16! With 68 college teams playing over three weeks, the 2014 NCAA men's basketball tournament is likely to be a workplace distraction -- but it can also be a positive experience. Proactive employers develop and communicate a March Madness game plan.
Who are the highest paid NCAA coaches? We'll tell you inside.
Make Your 401(k) Do Its Job
If you sponsor a 401(k) plan, you are making an investment in your ability to attract and hang on to good employees -- not to mention assisting employees to retire some day. But left to their own devices, many employees just won't take full advantage of the opportunity you have laid before them. You don't want your investment in the 401(k) to be wasted. Here are some options.
IRS Answers Questions about the Affordable Care Act
If you're like many employers, you know the basics of the Affordable Care Act but you're still confused about specific details and how they might affect your organization. To help clear up the confusion, the IRS recently released a series of QAs about the Employer Shared Responsibility provisions of the law. We've compiled some of the questions in this article.
Think the ACA Thresholds Don't Apply to Your Business? Not So Fast
One thing we've come to rely on with the Affordable Care Act is that the government keeps tweaking it. As changes have rolled out, there's a lot of coverage in the media, but not a lot of clarity. If you're close to the 100-employee threshold for complying with the Employer Shared Responsibility provisions, you may find you are actually over the line if you use a lot of independent contractors that the IRS deems to be employees. Continue reading for details.
Another Delay of the ACA Health Care Mandate for Some Employers
In yet another alteration to the Affordable Care Act, certain mid-size companies now have an additional year before the "play or pay" employer mandate kicks in. This surprising news became known when final regulations were issued by the U.S. Treasury Department on February 10. These regulations include important information for larger businesses as well. Find out if your company is affected and what your responsibilities are in relation to the changes.
Facebook Firings: Think Before You Leap
Sometimes it's appropriate -- and, thankfully, legal -- to fire an employee over inflammatory or damaging Facebook posts. Other times, it's not. But even when it would be legal, at least in theory, when is it worth the potential consequences? As social media becomes more prevalent in society, this article discusses the issue of what employers can and cannot do.
Pressure Builds to Raise Minimum Wage. What Does it Mean?
President Obama has upped the ante on the minimum hourly wage front, asserting he will raise it to $10.10 per hour for workers on new federal contracts. That means he plans to bypass Congress, and issue an executive order. Of course, in order to raise the minimum wage for all workers, Congress would have to act. What, if anything, does President's Obama's announcement mean for employers?