Dec 20, 2022 | Blog/News, Compliance & Risk Management
The IRS has released final 2022 forms and instructions for reporting under Internal Revenue Code (Code) Sections 6055 and 6056. 2022 Forms 1094-B and 1095-B (and related instructions) will be used by providers of minimum essential coverage (MEC), including...
Dec 13, 2022 | Blog/News, Compliance & Risk Management
Beginning January 1, 2023, the minimum wage for work performed on or in connection with federal contracts will increase as follows: For contracts covered by Executive Order 13658: the minimum wage will increase to $12.15 per hour and the minimum base wage for tipped...
Oct 28, 2022 | Blog/News, Compliance & Risk Management, healthcare
In 2022, most employers’ health care costs increased. According to recent industry data, current signs are also pointing to significantly higher health care costs in the upcoming year. Employers now face the difficult task of reigning in rising health care costs and...
Jul 14, 2022 | Compliance & Risk Management
Real-Time HR is a series of posts containing real HR questions that are answered by qualified experts in the field. We publish them here for our readers to gain valuable insights into trending HR topics. Question: I know that most of the federal employment...
Jun 13, 2022 | Blog/News, Compliance & Risk Management, Human Resources
Real-Time HR is a series of posts containing real HR questions that are answered by qualified experts in the field. We publish them here for our readers to gain valuable insights into trending HR topics. Question: Are we required to pay summer interns? Answer from...
Jun 5, 2022 | Blog/News, Compliance & Risk Management, Human Resources
Employment benefits that improve quality of life, increase flexibility, and enable people to attend to their personal needs rank high among both employees and job-seekers. And yet, according to the Bureau of Labor Statistics (BLS), while 79 percent of employees have...