Great news for Arizona employers: the state has finally crawled out from under the federal unemployment insurance debt amassed during the recent financial crisis and is on its way to restoring a healthy reserve fund for the next economic emergency.Read More
Emptech Blog (formerly ETS Blog)
Earlier this month, the state of North Carolina successfully followed through on its plan to pay off Federal Unemployment Account (FUA) debt to the United States government. As recently as January 2013, North Carolina's FUA debt stood at $2.5 billion dollars.Read More
A recent decision on Form I-9 violations has serious implications for employers with off-site workers. On January 20, 2015, Judge Ellen Thomas of the Office of the Chief Administrative Hearing Officer (OCAHO) issued a decision on an appeal filed by Employer Solutions Staffing Group II, LLC (EESG). View the decision here. ESSG is an HR and Payroll service organization in Minnesota. OCAHO is a division of the Executive Office of Immigration Review in the U.S. Department of Justice.Read More
Great news for employers!Read More
Editor's note: This is a guest article from subject matter expert Noelle Harling of Frasco Profiles, Emptech's Background Check partner.
Has your company undergone a recent name change? Has your legal name remained effectively the same but you are now operating as ABC, LLC instead of ABC, Inc.? From an employment tax reporting perspective, these relatively "superficial" changes are, in fact, considered formal "Type F" Reorganizations, as classified in the IRC and require special treatment and reporting.
Type F events are so relatively insignificant (compared to other types of reorganization) that their associated reporting requirements are often not fully completed. With that in mind, here's a closer look at post-Type F compliance.
Important! There was an important update to WOTC credit eligibility since this blog was published. Please refer to this newer blog post for time-sensitive tax credit information.
The WOTC Credit Program, allowed to lapse for nearly all of 2014, was retroactively reinstated in late December.
Many employers know by now that a lapse in the federal Work Opportunity Tax Credit (WOTC) program should not deter them from making strategic hiring decisions and submitting timely WOTC certification requests.Read More
Recently, the Department of Labor (DOL) released a list of final FUTA credit reduction states for the 2014 tax year (available here). The number of states subject to FUTA credit reduction continues to decline, with just ten states impacted for 2014. In 2013, thirteen states were ultimately subject to FUTA credit reduction. For the 2012 tax year, it was nineteen states.
The Supreme Court has finally issued a ruling on the Quality Stores / FICA severance pay taxability issue that has been winding its way through the various courts based on circumstances that now reach back over a decade (Quality Stores filed bankruptcy in 2001 and the issue stems from related layoffs of approximately 4,000 employees).
Here's another I-9 compliance "horror story" about an employer who actually has been utilizing an electronic I-9 software solution since 2006. (As an aside, I-9 software is a great answer to the I-9 compliance equation.....assuming your provider is legit - something Abercrombie recently found out the hard way, to the tune of $1M).