Recent News

With an unlimited number of sources publishing HR related news it can be difficult to keep the facts straight. BASIC strives to deliver simple, easy-to-understand, and timely industry news/updates. From legal advice, regulation updates, and interesting interactive resources – we have you covered!


 Recent News



Introducing BASIC’s HSA@AnyBank

April 21st, 2017

BASIC is excited to announce a new option for our HSA Administration, HSA@AnyBank! When we say Any Bank we mean any bank. If an employer has 50 employees, they can EACH choose a different bank for their HSA Account. This could be a bank or financial institution where they already have an existing HSA Account,

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

April 10th, 2017

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:

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Streamlined FMLA Tracking & Technology

March 31st, 2017

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

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How HR Can Use Technology to Stay in Touch

March 7th, 2017

Although we live in a connected age when everyone can reach each other through emails, texts and various social media channels, the quality is just as important as the quantity. How can HR use technology, not just as an end in itself but to increase connections between staff and management? Fortunately, the SHRM Foundation, an

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An Employer’s Guide to COBRA

March 7th, 2017

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

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Reap the Benefits of the Work Opportunity Tax Credit

March 7th, 2017

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

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How Employee Assistance Programs Can Help

March 7th, 2017

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

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4 Things Business Owners Must Know About Payroll Tax

March 7th, 2017

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

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The Struggle with Intermittent FMLA

March 7th, 2017

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

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Compliance Alert: New ADA Model Notice for Employer Wellness Plans

December 15th, 2016

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

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