News & Analysis as of

Employer Liability Issues Fringe Benefits Internal Revenue Service

Eversheds Sutherland (US) LLP

One not-so-big summary of the compensation and benefits law changes in the One Big Beautiful Bill Act

The One Big Beautiful Bill Act (Act), signed into law on July 4th, contains a number of provisions that will impact employee compensation and benefits. Employers and service providers should start considering the following...more

Verrill

Student Loans and Code Section 127 Educational Assistance Programs: A Reminder from the IRS, FAQs, and a Sample Plan Document

Verrill on

On August 28, the IRS issued IR-2024-227, reminding employers of the following key aspects of educational assistance programs under Internal Revenue Code Section 127: -They can be used to help reimburse the costs of or...more

Seyfarth Shaw LLP

Malfunctioning Transit Passes – Timing is Everything

Seyfarth Shaw LLP on

Seyfarth Synopsis: Many employers maintain a tax-preferred transportation fringe benefit plan to provide tax-free transit benefits to employees. Under such plans, the benefit is often distributed in the form of an electronic...more

Littler

Ye Olde Holiday Crossword — With Clues for Solving the Office Party Puzzle

Littler on

As the end of the year approaches, many employers are preparing for the annual office holiday party. This occasion presents an opportunity for employers to express appreciation for the hard work performed by staff all year....more

Amundsen Davis LLC

The Death Of Reserved Employee Parking?

Amundsen Davis LLC on

The Tax Cuts and Jobs Act, passed in December 2017, is continuing to hit employers and employees in unanticipated ways. The latest impact is on special parking spaces for executives, employees of the month and employee...more

Poyner Spruill LLP

Shorts on Long Term Care - May 2018 - News for the North Carolina LTC Community

Poyner Spruill LLP on

Finding and Fixing Your Own Noncompliance - During the 2016 Legislative Session, the N.C. Assisted Living Association (NCALA) was instrumental in bringing about passage of House Bill 667 which modified existing law on...more

Snell & Wilmer

Federal Agencies Issue Guidance to Business Owners: A Forecast of Enforcement Trends

Snell & Wilmer on

Over the past few months both the IRS and the Department of Labor (DOL) have separately issued guidance emphasizing the importance of proper worker classification and some of the more common employment tax-related issues...more

Franczek P.C.

Feed Me! Thanksgiving Turkeys, Free Lunches, and Wage and Hour Law

Franczek P.C. on

With the Thanksgiving holiday ahead of us, we have reached the time of year where some employers start handing out Thanksgiving turkeys, holiday hams, and other gifts to employees, while others provide free or discounted...more

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