Tennessee Enacts New Unemployment Insurance Legislation

It is believed the business community will benefit from new unemployment legislation recently enacted by the state legislature. The legislation addresses qualification for benefits, the system for addressing claim notices by employers, and unemployment benefit eligibility for  seasonal workers. While this legislation does not directly immediately effect payroll departments, hopefully it will slow down the [...]

By | May 30th, 2012|News|Comments Off on Tennessee Enacts New Unemployment Insurance Legislation

New Health Insurance Reporting Required on W-2

Under the Affordable Care Act (ObamaCare), payroll depts. should note that employers are now required to report the cost of health insurance coverage under an employer-sponsored group health plan on Form W-2. Originally legislated to kick in in 2011, the IRS granted transitional relief to all employers for 2011. For the year 2012, only employers with [...]

By | May 21st, 2012|News|Comments Off on New Health Insurance Reporting Required on W-2

Tipped Employees Granted Right to Meal Breaks

Tipped employees already provide challenges to employers, especially their payroll management. The Tennessee General Assembly just added another challenge. Effective May 17, 2012,  the state’s meal and rest break law has been amended to require meal breaks for tipped employees in the food and beverage industry. The new law, however,  also allows tipped employees to [...]

By | May 15th, 2012|News|Comments Off on Tipped Employees Granted Right to Meal Breaks

Good Judgment Can Help Avoid Serious Worker Misclassification Liabilities

While businesses for years have often used Independent Contractors (IC's) to avoid payroll taxes and other liabilities associated with hiring employees, often times these workers were misclassified, sometimes intentionally, sometimes not.  The Obama Administration's initiative targeting employers that misclassify workers is changing the employment environment. Under the Administration's and Congress's direction, The IRS, the Labor [...]

By | May 3rd, 2012|News|Comments Off on Good Judgment Can Help Avoid Serious Worker Misclassification Liabilities