One often neglected area when employers review their current employee pay plans against changes under the Tax Cuts and Job Act (TCJA) is executive compensation.  Two types of remuneration in particular that are frequently used by employers to attract, retain and provide monetary performance incentives for their executives, c-suite and… Read More

Back in May of 2017, the IRS released Revenue Procedure 2017-37, which set the 2018 HSA limits for individuals at $3,450 and for families at $6,900 for employer-sponsored, high-deductible health plans.  However, with the passage of the Tax Cut and Jobs Act of 2017 in December, adjustments… Read More

On February 28th, the IRS released the much-anticipated Form W-4 for 2018.  The updated form incorporates changes based upon the Tax Cuts and Jobs Act legislation passed in December 2017 with a number of provisions that went into effect January 1, 2018, including an overhaul of the withholding tax… Read More

On Thursday, January 11th, the IRS released Notice 1036, titled “Early Release Copies of the 2018 Percentage Method Tables for Income Tax Withholding” which contains the updated 2018 Withholding Tax Tables.  Employers are advised to utilize the new withholding tax tables to properly calculate payroll taxes when processing employee payrolls… Read More

As is often the case when we turn the page to a new calendar year, new laws and regulations take effect that dictate how payroll taxes (also known as withholding taxes) are calculated.  Below are some of the upcoming changes that will become effective in the new year: Federal Legislative… Read More

On July 20, 2017, the US Department of Labor announced plans to rescind regulations limiting which staff members restaurant owners could include in tip pooling arrangements.  Under the previous 2011 stipulation, “back of the house” employees such as cooks and dishwashers, could not participate in employee tip pools.  The restriction… Read More

To inform employees of their rights and remedies available pursuant to New Hampshire law, the state requires employers to post in conspicuous areas within their place of employment the following mandatory labor law posters: Workers’ Compensation Law (obtain from insurance carrier) Protective Legislation Law Criteria… Read More

Effective July 11, 2017, employers will no longer need to seek approval from the NH Department of Labor if they wish to pay employees on a bi-weekly basis instead of weekly.  HB 194 amended RSA 275:43 to change the required payment of wages from “within 8 days including Sunday after… Read More

New York State is leading the way by implementing the country’s strongest and most comprehensive Paid Family Leave policy.  While the ability for employees to take Paid Family Leave does not become available until January 1, 2018, employers will begin deducting this expense from employee pay starting July 1st. Read More

On Tuesday, April 18th, the Justice Department issued a strong reminder to warn employers of the significant consequences that come with willful failure to comply with all Federal Employment Tax Laws.  The Justice Department takes such violations very seriously, as indicated by the title of their… Read More