The Tax Cuts and Jobs Act (TCJA) of 2018 provided significant tax breaks for business operation as “pass-though” entities where the income from the business is passed to the tax returns of the business owners. Sole proprietors, limited liability companies (LLCs), S corporations, and partnerships are all considered pass-through entities. The TCJA allows businesses to […]
Category Archives: Regulatory Compliance
The Gig Economy Shrinks?
A recent US Department of Labor study shows that the percentage of workers in an employer/employee relationship has increased in many industries despite the much discussed rise of the freelance or “gig” economy. According to an article in the June 8, 2018 Wall Street Journal: “The Labor Department’s Bureau of Labor Statistics released on Thursday […]
Offering Comp Time to Employees – Considerations for Employers
If passed the US House of Representatives law H.R. 1180 will allow employers to offer workers compensatory time off from work instead of getting paid overtime.
Breaking: New Overtime Rules Suspended
New overtime rules for employers suspended due to judges ruling against the U.S. Department of Labor
Heads up employers, new overtime rules are coming. Sad!
DOL overtime rules are changing effective December 1,2016. For employers who want to need to convert and employee from salaried to hourly, yet keep the labor cost consistent, here is an example of how to do the math.
Another joy of being an employer – Court Orders
For employers, getting a Income Withholding Order for Support can be a real administrative pain, and even subject the employer to fines and liability if ignored.
Employee Handbooks – If you are paying for advice, heed it.
Business owners join a PEO for the assurance regulations for employers are being met. Employee Handbooks are changing and PEO clients have responsibilities too.
W2s Without Social Security Numbers?
New law changes allow IRS to force employers not to print SSN information on W2 earnings statements.
Does Zenefits need to join a PEO?
A December 3, 2015 article in the Wall Street Journal discussed HR troubles at the high flying VC darling, Zenefits. From the article it appears that fast growing Zenefits has run afoul of California Department of Industrial Relations regarding unpaid wages. Claims have been made that Zenefits failed to pay employees for unused paid time […]
General Contractors Risk – Preventing Trouble with Subcontractors
General contractors have unique regulatory risks when it comes to subcontractors. The Fair Labor Standards Act (FLSA) may impose Joint Employer status when labor regulations are violated.
