Dec 31, 2019 | GTM Business Blog HCM
On Dec. 20, 2019, President Trump signed into law a spending bill that prevents a government shutdown and includes the following three repealed ACA taxes and fees under the Affordable Care Act (ACA): The Cadillac tax on high-cost group health coverage, beginning in...
Dec 18, 2019 | GTM Business Blog HCM
On Dec. 9, 2019, the Internal Revenue Service (IRS) released instructions and final forms for 2019 ACA reporting under Internal Revenue Code (Code) Sections 6055 and 6056. 2019 Forms 1094-C and 1095-C (and instructions) will be used by applicable large employers...
Dec 16, 2019 | GTM Business Blog isolved
On Dec. 5, 2019, the Internal Revenue Service released an updated version of its new Form W-4, also known as the “Employee’s Withholding Certificate.” Employers use IRS Form W-4 to determine each employee’s federal tax withholdings. The new form is intended to...
Dec 11, 2019 | GTM Business Blog isolved
Changes to wage and labor laws mean changes to your payroll processing. If you’re not using a good system to track employee pay rates and easily modify them based on new regulations, you could be in for a lot of extra work to stay compliant. Whether you need to...
Nov 27, 2019 | Consulting Services
Each year, new and amended laws impact businesses of various sizes in New York. Employers need to stay on top of these changes to ensure they are compliant and aren’t subjected to penalties and fines. With that in mind, there will be several important changes to...
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