Get an overview of everything you need to know for the key updates and changes of the 2025 Form W-2 recently released by the IRS.
A new report finds that many U.S. employers are unprepared to track changing legislation or follow new compliance requirements. Learn why.
Extension or expansion of the WOTC program is possible through several avenues. Whether it will be extended before its expiration remains to be seen.
ICE enforcement is expected to increase in 2025. Employers should be well prepared for audits to maintain compliance and avoid disruptions.
Ohio's Pay Stub Protection Act requires employers to provide employees with access to a statement of their earnings and deductions.
Remote I-9 verification is possible with a permanent virtual procedure for Section 2. Learn how to ensure a smooth process.
What is employment verification? Learn why it’s essential for your company and employees, helping to ensure compliance, reduce risks, and foster a reliable workforce.
Michigan SB 40 establishes weekly benefit amounts for each of an individual’s dependents, increasing the maximum weekly benefit amount and weeks available.
Michigan SB 975 updates language for when an individual is presumed to have voluntarily left work if absent for three consecutive workdays.
Explore the power of PEO services and what sets Experian Employer Services apart, uncovering the benefits and unique features for your business.
President Biden declared a major disaster in California due to wildfires, a crucial step in providing much-needed federal assistance to support local recovery efforts.
On January 8, 2025, President Joseph R. Biden, Jr. declared a major disaster exists in the State of California ordering Federal aid. The aid is set to supplement State, tribal and local recovery efforts in areas affected by wildfires and straight-line winds. President Biden’s declaration makes Federal funding available to those affected in Los Angeles County. Effective Date January 7, 2025 Implication to Stakeholders Business owners and residents who sustained losses in the designated areas may apply for disaster unemployment (DUA) benefits at www.disasterassistance.gov. Other ways to apply are by phone at 800-621-FEMA (3362) or by using the FEMA App. Recommended Action Employers should be aware of this so they can notify any employees who may be impacted and eligible for DUA.
Learn about the differences between Form W-2 vs Form 1099 to avoid worker misclassification, protect your business and avoid penalties.
On December 24, 2024, President Biden signed HR 3797, the Paperwork Reduction Act, which deals with an alternative manner of furnishing health insurance coverage statements to employees—specifically the 1095-C. (The 1095-C provides coverage information to employees regarding health insurance options offered by Applicable Large Employers). Key Changes of the Paperwork Reduction Act related to Affordable Care Act (ACA) reporting: Allows employers the option to use covered individuals' full name and date of birth if unable to collect TINs (for statements due in 2025) Increase from 60 to 90 days to respond to IRS Notices related to proposed assessments (beginning in 2025) This is a Federal change, so any states with paper furnishment requirements may still be in play Prior to this amendment, the 1095-C had to be furnished to each employee in hard copy format, with a due date that was permanently extended to an automatic 30-days beyond the January 31 due date, which for calendar year 2024 would be March 3, 2024. The new requirement states that an ALE normally required to furnish such statements would be allowed to furnish them in an alternate manner if they provide “clear, conspicuous and accessible notice” regarding how to request a copy and that notice must be provided “not later than the later of…” January 31 of the calendar year for which the return was required, or within 30 days of receiving the employee request. The newly signed measure retains the original effective date that shall “apply to statements for calendar years after 2023.” Employers awaiting IRS guidance may look to the process established for the 1095-B to guide their transition. We will continue to monitor for new legislation or publications in the event any dates related to this Paperwork Reduction Act are altered. It will be important to watch states react to the federal law, as several states have their own reporting requirements. Stay tuned to this space for updates on both federal and state ACA reporting requirements. The full language of the bill can be found here.
Learn everything about Form I-9, including verification steps, compliance requirements, and legal implications for employers and employees.
Native American tribal documents can serve as valid identification and proof of work authorization for Form I-9. Learn more about ensuring compliance when utilizing these documents.
Learn what Form I-9 is, why it’s crucial for employers and employees, and how to complete it correctly. Ensure compliance with U.S. employment verification laws.
FUTA Credit Reductions can eliminate an employer's 5.4% FUTA tax rate credit if your state has an outstanding trust fund balance.
