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IRS Letter 226J Penalty Notices for 2016 May Contain Higher Penalties

ACA Times

Starting this fall, employers should expect Letter 226J penalty notices to be issued to organizations determined by the IRS to have failed to comply with the Affordable Care Act (ACA) for the 2016 tax year. However, the rules changed for 2016 and subsequent years. The employee receiving a PTC would trigger an IRS audit of the employer.

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IRS Letter 5699 Laying the Groundwork for Issuing Letter 226J Notices for 2016 ACA Reporting Year

ACA Times

2 minute read: As the IRS continues to issue Letter 226J penalty notices to organizations determined by the IRS to have failed to comply with the Affordable Care Act (ACA) for the 2015 reporting year, the IRS is also setting the groundwork for a Letter 226J process for the 2016 reporting year. For questions about the ACA contact us here.

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Bulking up the Brain – The Links Between Exercise and Creativity

Thrive Global

Exercise can elevate one’s creativity, with the link between exercise and creativity constituting what I call the mind-body- spirit system. Studies show that physical exercise can affect a range of cognitive functions. 2015, “Aerobic Exercise Increases”). 2016, “Neuromodulation Aerobic”).

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Top 5 Background Screening Trends in 2016

Hppy

This piece of writing will look into the background screening trends for 2016. The trend is set to continue in 2016. It can also uncover information that had been overlooked or wasn’t available in the previous screening exercises. The post Top 5 Background Screening Trends in 2016 appeared first on Hppy.

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Sure, She Works Here. But, Do We Employ Her?

HR Daily Advisor

Does the purported joint employer have the authority to exercise control over the terms and conditions of employment? Note: The purported joint employer need not actually exercise that control, says Brinkerhoff.). Join us in Las Vegas on May 12 – 13, 2016 and learn all about recruiting, from sourcing to onboarding to retention.

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Total CEO Pay Rose 6% in 2016, Willis Towers Watson Study Finds

HR Daily Advisor

The analysis found total pay for CEOs increased 6% in 2016, up from the 4% median increase in 2015. The analysis, based on 365 S&P 1500 companies with consistent CEOs that filed proxies disclosing 2016 pay by the end of March, found that CEO salaries increased 2% in 2016, following a 2% increase in 2015.

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DOL’s Updated Guidance on Proxy Voting Lets Plan Fiduciaries Exercise Shareholder Rights

HR Daily Advisor

Department of Labor (DOL), in late December 2016, reinstated earlier guidance on proxy voting for plan fiduciaries that encourages them to “responsibly” exercise their rights as shareholders. The post DOL’s Updated Guidance on Proxy Voting Lets Plan Fiduciaries Exercise Shareholder Rights appeared first on HR Daily Advisor.