Employer deducted wrong amounts from wages Calculating disposable earnings can be a real headache. But mistakes can lead you to deduct too much or too little from employees' wages. Take, for instance, the Southwest Center for the Developmentally Disabled Inc. of Louisville KY. The Dept. of Labor (DOL) discovered the nonprofit failed to properly calculate [...]
Plus, changes to AccuWage being considered for future. Given that the Forms W-2 deadline will hit earlier for Tax Year 2016, the SSA plans to release some of its year-end material sooner than in the past. The SSA gave that heads up during a Payroll Industry Call in March. Previously, employers had until the end [...]
Report to be submitted by more employers More reporting responsibilities are heading your way, requiring a tag team approach between Payroll and HR. This comes as you may still be in the midst of sorting out who’s doing what to meet Affordable Care Act reporting requirements. Form 1095-C, due to the IRS by May 31, [...]
Be Cautious about requests for information If you received an email from your CEO requesting W-2 data, you'd probably want to reply as quickly as possible. One problem: You could inadvertently be sending payroll information to a hacker. Phishing schemes involving W-2s have spiked recently – so much so that the IRS has just issued [...]
Payroll giant ADP has suffered a security breach in which hackers have stolen tax and salary information, according to a report from Krebs on Security. The hackers reportedly registered accounts using employees’ names at its customer firms, which ADP claims occurred after those companies inadvertently released sensitive data on ADP accounts. This made it easier [...]
Employment eligibility verification form revisions You'll soon need to start using an updated Form I-9. Changes to the form are about to be rolled out. U.S. Citizenship and Immigration Services (USCIS) says it's making changes so employers can: Reduce technical errors, and Complete the form on a computer. After the initial comment period ended Jan [...]
New Overtime Regulations Will Result In Many More Workers Becoming Entitled To Overtime On May 18, 2016, President Obama announced the publication of the U.S. Department of Labor's final rule ("Final Rule") updating the overtime regulations, and providing that employees who earn less than $47,476 annually will be entitled to overtime. The federal Fair Labor [...]
FLSA case ends with $2.9M in back pay owed Now's a good time to consider what might be missing from your timekeeping records. A recent ruling from the U.S. Supreme Court throws the spotlight on recordkeeping. In the collective action case, Tyson Foods didn't keep track of how long certain employees spent putting on and [...]
Successful pilot program expected to be widely adopted Some employers may be hearing from the Office of Child Support Enforcement (OCSE) about potential problems with new hire reporting. That's because OCSE plans to expand a pilot program to increase compliance with new hire reporting. Under the pilot program, the OCSE sent letters to employers who [...]
DEPT. OF LABOR WANTS TO ENSURE VIOLATIONS AREN'T REPEATED Companies that actively try to evade Fair Labor Standards Act provisions are playing with fire – especially because the Dept. of Labor (DOL) has recordkeeping requirements in place to try to prevent just that kind of thing. Take Colmonero's Pallets Inc., a pallet manufacturer in Phoenix. [...]
