Entries by sparkadmin

Form W-2/SSN Data Theft: Information for Businesses and Payroll Service Providers

Form W-2/SSN Data Theft: Information for Businesses and Payroll Service Providers As the Internal Revenue Service, the state tax agencies and the tax industry make progress combatting identity theft, cybercriminals need more data to impersonate real taxpayers and file fraudulent returns for refunds. Currently, a particularly dangerous email scam is circulating. Here’s how it works: […]

Streamlined FMLA Tracking & Technology

BASIC is proud to announce the new version release of our proprietary FMLA and Absence Management dashboard. With FMLA abuse and absenteeism on the rise, many employers are grasping for a solution that fits their unique needs but also helps to simplify the administrative burden and relieve the pressure off of their staff. With our […]

The Struggle with Intermittent FMLA

FMLA intermittent leave can be quite the challenge for HR professionals and business owners. It is not only difficult to track, but it can also cause administrative headaches when trying to combat abuse. Employers are walking a fine line because they may suspect an employee is abusing FMLA intermittent leave but they can also get […]

4 Things Business Owners Must Know About Payroll Tax

1. Extra compensation must be carefully timed. Incentivizing employees with bonuses is a great way to boost performance, and it’s important that the bonus checks are distributed at the same time that payroll taxes are paid. Otherwise, you could be subject to a penalty. The same goes for overtime payments. 2. Tax laws differ from […]

How Employee Assistance Programs Can Help

Employee assistance programs are worksite-based programs and resources designed to benefit both employers and employees. EAPs address productivity issues — job performance can be affected when employees have personal concerns. By squarely dealing with the prevention, identification and resolution of issues, EAPs can put workers’ health at center stage for the good of both the […]

Reap the Benefits of the Work Opportunity Tax Credit

In December 2015, President Barack Obama signed an extension to the Work Opportunity Tax Credit, which helps match employers with qualifying candidates, such as veterans, and provides a tax incentive for continued employment. What do you need to know about WOTC and how it can affect you and your business? Here are some basics. Qualifying veterans. To […]

An Employer’s Guide to COBRA

Losing their jobs can be a big financial hit for employees, but losing health benefits can be catastrophic. But the U.S. government has passed the Consolidated Omnibus Budget Reconciliation Act, commonly called COBRA, which gives some terminated workers the right to temporarily – for 18 months – continue participating in their former employer’s group health […]

Compliance Alert: New ADA Model Notice for Employer Wellness Plans

On May 17, 2016, the Equal Employment Opportunity Commission (EEOC) issued final wellness plan regulations informing employers how their wellness programs can comply with the Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA). Employers who are subject to the ADA and offer wellness programs that collect employee health information are required […]

IRS Ruling Overturned; Small Employers Can Now Offer Stand-Alone HRAs 

Dec. 13, 2016, President Obama signed the 21st Century Cures Act. This legislation re-establishes a health reimbursement arrangement for small Employers called the Qualified Small Employer Health Reimbursement Arrangement. With the passing of this act, many small employers and their employees can now celebrate over the previous IRS ruling preventing stand-alone HRA plans. Starting January 1, […]