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...
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...
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...
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...
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...