If you offer employees FSAs, it’s important to keep abreast of the latest changes, including those made by the CARES Act.Read More
Archive for the ‘Employee Benefits’ Category
-
Monitor Overtime Pay for Your Remote Workers: DOL Guidance
The Department of Labor has just issued a “field assistance bulletin” to remind employers of what’s required to monitor overtime for remote workersRead More
-
IRS Releases 2021 Amounts for Health Savings Accounts
There are many advantages to Health Savings Accounts. Here are a few of them, along with the HSA inflation-adjusted amounts for the 2021 calendar year.Read More
-
Is Your Family Medical Leave Policy Up-to-Date?
The Administrator of the Department of Labor’s Wage and Hour Division (WHD) periodically responds to new Family Medical leave Act (FMLA) compliance questions from employers and employees….Read More
-
New Law Helps Businesses Make Their Employees’ Retirement Secure
A significant law was recently passed that adds tax breaks and makes changes to employer-provided retirement plans. If your small business has a current plan for employees…Read More
-
Tied Down to Your 401(k) Plan’s Cost? Discover the Alternatives
Before 401(k) plans burst onto the employee benefit scene in the 1980s and traditional pension plans had not yet gone nearly extinct, there were profit-sharing plans. The…Read More
-
Is a Health Savings Account Right for Your Business?
Business owners and their employees can benefit from a Health Savings Account in tandem with a high deductible health plan.Read More
-
Understanding and Controlling the Unemployment Tax Costs of Your Business
As an employer, you must pay federal unemployment (FUTA) tax on amounts up to $7,000 paid to each employee as wages during the calendar year. The rate…Read More
-
New Business Travel Per Diem Rates Announced for 2020
Recordkeeping for reimbursing business travel expenses can be cumbersome. Instead of reimbursing employees for the actual costs they incur for out-of-town lodging, meals and incidentals, some employers…Read More
-
New Overtime Pay Rules Finalized for 2020
The U.S. Department of Labor (DOL) has issued the long-anticipated final version of its overtime eligibility rules. The changes will take effect on January 1, 2020. As…Read More