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September 8, 2020

President Trump signed several executive orders on Saturday, August 8. One of these orders allows for the suspension of Social Security tax collection for individuals making less than $4,000 on a bi-weekly basis, and is effective September 1 through December 31, 2020.

On August 28, the IRS provided guidance to employers on how to apply the memo in respect to the applicable wages and due date of def...

July 29, 2020

The Internal Revenue Service has issued Revenue Procedure 2020-36 to implement the 2021 index adjustments for certain Affordable Care Act (“ACA”) contribution percentages used to determine affordability under the employer shared responsibility mandate.

Background. Under the ACA, contribution percentages are used to determine: (i) whether an Applicable Large Employer (“ALE”) is subject to the ACA’s...

May 21, 2020

On May 12, In response to unanticipated medical and childcare challenges due to COVID-19, the IRS provided employers with a number of optional amendments that can be made to Section 125 cafeteria plans and related health plans and flexible spending arrangements (FSAs).

This guidance allows employers the option to let employees revoke, add, or change 2020 coverage elections now, instead of waiting u...

January 13, 2020

Occupational Safety & Health Administration, Internal Revenue Service, and the State of New York are in play for February.

OSHA 300 Log Posting (Federal)

The Log of Work-Related Injuries and Illnesses (Form 300) is required by the Occupational Safety and Health Administration (OSHA) to classify work-related injuries and illnesses and to record the extent and severity of each case.

Employers are requi...

December 13, 2019

Massachusetts Paid Family & Medical Leave Contributions Due

Under the new Massachusetts Paid Family Leave Law employees and other covered individuals in the Commonwealth will be entitled to a generous set of new paid leave benefits and rights beginning January 1, 2021. While no benefits are available under the MA PFML until 2021, the first quarterly contributions to the Commonwealth's MA PFML fund...

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