New 401K Reporting Rules Begin July 1, 2012 – Affects Employers in Tennessee

After numerous delays, new U.S. Department of Labor regulations are now set to go into effect July 1, 2012 that will require much more detailed information be conveyed to employers and employees about 401(k) and other employer sponsored benefit plans. After a period of study, the Labor Department determined that the majority of companies offering [...]

By | February 28th, 2012|News|Comments Off on New 401K Reporting Rules Begin July 1, 2012 – Affects Employers in Tennessee

Payroll Tax Break Extended – Tennessee Employers Affected

Congress passes payroll tax cut extension through 2012 On February 17, Congress passed H.R. 3630, the “Middle Class Tax Relief and Job Creation Act of 2012” (the Act) and the President has signed it into law. The Act extends the 2-percentage-point payroll tax cut through the end of 2012, and also repeals a number of [...]

By | February 21st, 2012|News|Comments Off on Payroll Tax Break Extended – Tennessee Employers Affected

Tennessee Unemployment Ins. Rates to Remain Same….For Now!

Tennessee employers, take note: State Unemployment Insurance rates will not be adjusted at the beginning of this year as a result of the Unemployment Insurance Trust Fund  balance. At the beginning of the new year, Tennessee adjusts emloyer's unemployment insurance rates based on the balance of the state's Unemployment Insurance Trust Fund. If the fund balance [...]

By | February 1st, 2012|News|Comments Off on Tennessee Unemployment Ins. Rates to Remain Same….For Now!