Oct 22, 2015 | GTM Business Blog HCM
There are several Affordable Care Act changes for 2016 for large employers (100+ full time equivalent employees) and mid-sized employers (50-99 full time equivalent employees). Here are the major ones to be aware of: Employer Mandate Reporting Begins (Section 6056...
Oct 16, 2015 | GTM Business Blog isolved
Yesterday the Social Security Administration (SSA) announced that the Social Security wage base for 2016 will remain the same as 2015 – $118,500. Two other items remain unchanged from this year: all covered wages are still subject to the 1.45% Medicare tax, and...
Sep 30, 2015 | GTM Business Blog HCM
If your organization employs seasonal workers or part-timers for the holidays, take note: The IRS has issued a Health Care Tax Tip on how these individuals affect whether your business is subject to the shared responsibility provisions of the Affordable Care Act...
Sep 3, 2015 | GTM Business Blog
Following our announcement earlier this summer, our new office in Glens Falls is now open! With the help of the Adirondack Regional Chamber of Commerce, we held a ribbon cutting ceremony today and welcomed around 40 clients, partners, staff, and friends to share in...
Aug 6, 2015 | GTM Business Blog isolved
Q: We employ a part-time worker who also does occasional contract work for us. Can a worker be both an employee and an independent contractor? A: Typically a worker cannot be both an employee and an independent contractor for the same company. An employer can...