Business Management Daily

DECEMBER 6, 2023

Today’s inaugural edition is focused on applying for a waiver from filing electronically. Who must file electronically? Final regulations issued earlier this year require you to e-file all your information returns if you’re filing a combination of any 10 information returns. Almost everyone.

Compliance Training 52

Compliance Training Payroll ATS 52

ACA Times

SEPTEMBER 14, 2021

A bill known as the Common Sense Reporting Act could fundamentally change the way employers report their ACA information to the IRS annually if it is signed into law. . Some of the other provisions allow third parties to file on behalf of an employer and electronic delivery of 1095-C forms.

Report 130

Report Planning Tools Compliance Metrics 130

ACA Times

JANUARY 24, 2020

4 minute read: If you are not yet filing Affordable Care Act information electronically with the IRS, you may want to reconsider. There are some considerable benefits to doing so, including increasing your chances of avoiding IRS penalties. When faced with the option, your organization should file electronically.

Immedis 100

Immedis Data Report Compliance 100

Extensis

FEBRUARY 29, 2024

Quick look: Each new year brings new compliance changes. When it comes to benefits, brokers must balance offering what clients want with ensuring they’re in accordance with requirements. Here are highlights of what changes brokers should be aware of in 2024 and how a PEO partner can help ease the transition.

Compliance 52

Compliance Planning Tools HR Software Recruiting Software 52

ACA Times

FEBRUARY 23, 2021

3 minute read: With the 2020 ACA filing deadlines fast approaching, employers will be met with additional reporting challenges due in large part to the COVID-19 pandemic. Employers that have experienced these types of changes to their workforce should familiarize themselves with the ACA’s Rule of Parity.

Report 130

Report Immedis Compliance Meeting 130

ACA Times

JUNE 11, 2018

2 minute read: The IRS is proposing regulations that would expand mandatory electronic filings for most employers by aggregating the number of total information returns they submit to the federal tax agency. If approved, the new regulations would start with 2019 tax year filings.

Compliance 100

Compliance Data Meeting Company 100

FLEX

MARCH 15, 2023

On February 21, 2023, the Internal Revenue Service (IRS) published a final rule which changes the electronic filing requirements for Forms 1094-B, 1095-B, 1094-C, and 1095-C. Category: Employers

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ACA Times

AUGUST 22, 2018

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.

Report 100

Report Compliance Analysis Exercises 100

PeopleStrategy

DECEMBER 12, 2023

That means you need to be acutely aware of changes, such as new annual limits on contributions and required coverage in 2024. We have a full list of HSA key features, eligibility requirements, and more available for download now. If so, be aware of changes that go into effect Jan. 1, 2024, for overtime-eligible employees.

Compliance 130

Compliance Planning Tools HR Software Retirement 130

ACA Times

MAY 9, 2018

Complying with the policies surrounding the Affordable Care Act is no easy feat and neither is filing your annual information returns on time. Depending on the size of your organization, you may have the option to paper or electronically file your ACA information returns.

Compliance 100

Compliance Data Report Policies 100

Homebase

DECEMBER 8, 2023

Luckily, for individuals and business owners in the United States, the Electronic Federal Tax Payment System (EFTPS) helps to dull the pain ever so slightly by offering a quick and easy way to schedule and execute transactions. What is the Electronic Federal Tax Payment System (EFTPS)? Department of the Treasury.

Interview Software 52

Interview Software System Wage and Hour Training Payroll 52

ACA Times

APRIL 15, 2019

4 minute read: The deadline to electronically file ACA forms 1094-C and 1095-C for the 2018 tax year was April 1. If not, you may need to submit corrections for the 2018 tax year to the IRS as required under the ACA ’s Employer Mandate, or be subject to penalty assessments under IRC 6721/6722.

Data 100

Data Compliance Report Compliance Training 100

Business Management Daily

NOVEMBER 16, 2020

The form must be received by Independent contractors by February 1, the same day the IRS must receive your paper or electronic forms. The penalties for failing to file 1099-NEC forms correctly and on time aren’t chump change anymore. Beginning with forms filed next year, the penalty for failing to file correctly is $50.

Retirement 98

Retirement Report Examples Company 98

ACA Times

JANUARY 4, 2017

Section 9010 of the Affordable Care Act surrounds Health Insurance Provider Fees and the IRS has released some new proposed regulations for reporting information among other changes. See IRS REG-123829-16 and REG–134438–15. Those with less than $25 million in net premiums written are not required to file electronically.

Compliance 100

Compliance Report Resources Wellness 100

Zenefits

JANUARY 27, 2021

Form W-2 is a United States Internal Revenue Service (IRS) tax form that every employer must complete for each employee to whom they pay a salary, wage, or other compensation as part of employment. The IRS allows you to establish a process for sending Form W-2s electronically to employees. The duration and scope of the consent.

Compliance Training 65

Compliance Training Payroll Examples System 65

ACA Times

FEBRUARY 26, 2020

3 minute read: A number of changes were introduced to the health insurance marketplace with the passage of the Affordable Care Act in 2010. One of the ACA’s unique requirements is the issuance and filings of 1095 schedules. The deadline for employers to submit 1095-C forms electronically to the IRS is March 31, 2020.

Assessment Software 100

Assessment Software Planning Tools Compliance Report 100

ACA Times

NOVEMBER 26, 2018

The Affordable Care Act resulted in several sections being added to the Internal Revenue Code that require employers to prepare and file certain reports related to the ACA. For example, failure to file the 1094/1095 schedule forms can result in hefty penalties. The dates for 2018 can be found here.

Report 100

Report HR Planning Payroll Compliance 100

ACA Times

JUNE 24, 2019

4 minute read: The IRS staff is preparing a new round of IRC 4980H penalty assessments to be issued to employers for failing to comply with the requirements of the Affordable Care Act. Letter 226J is the penalty notice issued by the IRS to those employers the tax agency believes have failed to comply with the ACA’s Employer Mandate.

Compliance 100

Compliance Assessment Software HR Software Payroll 100

Business Management Daily

OCTOBER 14, 2022

Not all businesses will need to file 1099 forms. However, for those that do, it’s important to meet the IRS deadlines, whether paper filing or e-filing. Not doing so, and not filing for extensions, will land you with fines and draw unwanted attention. This form is due to both the IRS and Recipient by January 31st.

Compensation 52

Compensation Report Compliance Training Planning Tools 52

Business Management Daily

OCTOBER 14, 2021

For businesses and employers, that means end-of-year accounting and W-2 filing is right around the corner. However, with frequent changes, shifting deadlines, and more, keeping compliant can feel like a daunting task. These are the tax forms that your employees need to file their yearly tax returns. Reporting requirements.

Compliance 52

Compliance Payroll Compliance Training Report 52

Business Management Daily

OCTOBER 6, 2022

Plan for a lower mandatory e-filing threshold. We don’t yet know whether the IRS will issue final regulations dropping the mandatory e-filing threshold down to 100 or more information returns from 250 or more returns. You can be penalized for filing W-2s, 1099s, and 1095s on which you report incorrect Social Security numbers.

Payroll 52

Payroll Report Planning Tools System 52

Tandem HR

JULY 30, 2020

3 Tips to keep in mind when creating and maintaining personnel files. Are your personnel files overflowing with information? Or is creating and maintaining personnel files for your employees something that’s on your to-do list? Here are three tips to keep in mind when creating and maintaining personnel files.

HR Software 96

HR Software Handbook Compensation Policies 96

ACA Times

OCTOBER 24, 2017

Over the past few months, the IRS has been moving forward with preparations for the ACA-mandated filings for the 2017 tax reporting year. Here’s what we know so far about the 2018 filing season. The IRS has posted final forms and instructions for 2017. Form 1094-C also has been revised to reflect the change.

Compliance 100

Compliance Report Productivity Data 100

ACA Times

NOVEMBER 17, 2015

The IRS is providing information to help companies understand the requirements for electronic filing information related to the Affordable Care Act. Information and transmittals can be electronically filed through the Information system, or AIR. For questions about the ACA contact us here.

Compliance 100

Compliance System Software Compliance Training 100

ACA Times

JULY 10, 2017

The IRS recently issued Notice 2017-38 , which revealed the results of the Treasury Department’s review of all “significant tax regulations” per President Trump’s Executive Order 13789 issued in April 2017. Interestingly, none of the eight included the ACA-mandated filing requirements for employers.

Compliance 100

Compliance Report Company 100

MP Wired For HR

MARCH 14, 2024

It’s also critical for employers to run payroll correctly and comply with payroll tax requirements to avoid legal consequences, steep fines, and severe damage to the employer brand. Additionally, employers should prepare to file IRS From 8850 for qualifying new hires within their first 28 days of work. (MP-HR’s These are 1.5

Payroll 78

Payroll Hiring Software Recruiting Software HR Software 78

ACA Times

JULY 24, 2017

February 28, 2018: deadline to file 1094-C/1095-C schedules if paper filing. March 31, 2018: deadline to file 1094-C/1095-C schedules if electronic filing. A new IRS memo provides guidance on the process to complete the Affordable Care Act Information Returns (AIR) for the 2017 tax year. The version 1.0

Report 100

Report Hiring Software Compliance HR Software 100

Business Management Daily

NOVEMBER 23, 2020

1099 form Copy As are due to the IRS by March 1st if filing by paper, or March 31st when filing electronically. The new Form 1099-NEC is the only major change you’ll see in 2020. 1099-NEC is due to both the IRS and recipients by February 1, making it one of the earliest due forms to the IRS.

Report 52

Report Compliance Training Screening Resources 52

ACA Times

MARCH 6, 2015

The began accepting electronic filing Form 8693 at the beginning March; the due date for the form is April 15. are required to submit the , which are used to calculate the fees imposed these by the Act. The will mail final fee letters August 31, with due by September , via electronic funds transfer.

Company 100

Company Compliance Report ATS 100

Homebase

JULY 29, 2021

In order for the IRS to track your business’s payroll tax forms and payments, they require you to obtain a Federal Employer Identification Number (EIN or FEIN). You can apply for one for free on the IRS website. . Register with the Electronic Federal Tax Payment System (EFTPS). Payday requirements. Overtime laws

Wage and Hour Training 98

Wage and Hour Training Payroll Hiring Software Onboarding Software 98

ForUsAll

FEBRUARY 7, 2022

Though many of the deadlines for various forms and reports are the same as last year, there are a couple of dates that have changed to reflect this year’s calendar. As always, the year starts off with relatively few things due, but requirements begin picking up in March. 31st: Deadline for electronic filing of Form 1099-R.

Compliance 52

Compliance ADP Report Company 52

ForUsAll

FEBRUARY 7, 2022

Though many of the deadlines for various forms and reports are the same as last year, there are a couple of dates that have changed to reflect this year’s calendar. As always, the year starts off with relatively few things due, but requirements begin picking up in March. 31st: Deadline for electronic filing of Form 1099-R.

Compliance 52

Compliance ADP Report Company 52

Guideline

DECEMBER 20, 2021

The long list of reporting requirements, tax forms, deadlines and employee notices you need to consider might seem daunting. 401(k) Plan Sponsor Deadlines for a January 1 to December 31 Plan Year Your individual filing dates may be different if you have an off-calendar plan year, or if you file extensions for your business tax filings.

ADP 52

ADP Retirement Guidelines Compensation 52

Business Management Daily

MAY 31, 2022

Laura did not think this task sounded too difficult, but by the second drawer, she changed her mind. She also explained that the only items she actually tossed were some electronic mail printouts from last year that were originally sent to the account of a person no longer with the company. Jan asked about the nature of these messages.

HR Software 52

HR Software Hiring Software Assessment Software Policies 52

Business Management Daily

JULY 26, 2021

Small business owners sometimes feel overwhelmed by the various tax-related forms the IRS expects them to complete. Companies file Form 941 four times a year to report income taxes, social security tax, or Medicare tax withheld from employees’ paychecks. If you underpaid, you’ll owe the IRS more money. What is Form 941?

Payroll 52

Payroll Compensation System Policies 52

Zenefits

AUGUST 25, 2021

The Internal Revenue Service (IRS) says employees should check their federal withholding every year. Federal withholding refers to the federal payroll taxes that you’re required to withhold from your employees’ taxable wages. Employers must require each new hire to fill out an IRS Form W-4. Life changes include: Marriage.

Hiring Software 69

Hiring Software Video Recruiting Payroll Retirement 69

ACA Times

SEPTEMBER 17, 2015

The Internal Revenue Service said it will propose a number of changes in the regulations on reports related to the Affordable Care Act. All of the proposed changes will have the effect of easing reporting obligations of employers and insurance companies. For questions about the ACA contact us here.

Report 100

Report Compliance Company ATS 100