Latest Compliance News
Wednesday, November 2, 2016
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Comprehensive Service
On October 27, 2016, the Internal Revenue Service (IRS) announced cost-of-living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2017.
Wednesday, November 2, 2016
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Comprehensive Service
On October 25, 2016, the Internal Revenue Service (IRS) announced via Revenue Procedure 2016-55 the dollar limitation on employee salary reductions for contributions to health flexible spending accounts; the monthly limitations regarding the aggregate fringe benefit exclusion amount for transportation in a commuter highway vehicle and any transit pass and the fringe benefit exclusion amount for parking; and the maximum amount that can be excluded from an employee’s gross income for the amounts paid for qualified adoption expenses furnished pursuant to an adoption assistance program.
Wednesday, November 2, 2016
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Comprehensive Service
Social Security Administration (SSA) has announced several changes that will impact employers and employees in 2017.
Wednesday, October 19, 2016
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Comprehensive Service
Ohio has joined the growing list of states legalizing the use of marijuana for medicinal purposes. Ohio’s law took effect on September 6, 2016, although the state must now go through the process of creating and implementing a regulatory program before its constituents can begin dispensing medical marijuana. That process is expected to take up to two years.
Wednesday, October 19, 2016
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Comprehensive Service
Delaware has passed a series of laws that will prohibit employers from discriminating against individuals because of their family responsibilities, their reproductive health decisions, or for discussing their wages with co-workers.
Wednesday, October 19, 2016
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Comprehensive Service
Transgender individuals in Massachusetts now have the legal right to use restrooms, changing rooms, and locker rooms that correspond to their gender identity, regardless of their biological sex.
Wednesday, October 19, 2016
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Comprehensive Service
Massachusetts is the latest state to pass expansive pay equity legislation to combat the gender wage gap, and is the first state ever to ban employers from requesting salary history as part of the pre-offer hiring process, and first ever to require posting of employee rights under its Equal Pay Act.
Wednesday, October 5, 2016
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Comprehensive Service
Senate Bill 2613, The Child Bereavement Leave Act, requires employers with 50 or more employees to provide child bereavement leave.
Wednesday, October 5, 2016
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Comprehensive Service
The Internal Revenue Service has issued three important announcements regarding attacks on Tax Professionals, updates to e-Service accounts and fake tax bills.
Wednesday, October 5, 2016
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Comprehensive Service
The New York Department of Labor (DOL) has published new regulations related to wage payment methods, including that an employer must obtain written consent to pay wages through any method other than check or cash. The regulations are effective on March 7, 2017 and will impose greater obligations on employers who wish to offer the option of wage payment through payroll debit cards or direct deposit.