Following the extension of the filing and payment deadline for individuals to May 17, 2021, the IRS announced other tax deadline extensions to the same date. Here’s what’s affected: Contributions to IRAs and health savings accounts People now automatically have until May 17, 2021, to make 2020 contributions to...
You can ask employees for proof that they’ve received the COVID-19 vaccine, but you need to be careful about how you ask for it and what you do with the information. You should ask employees to provide proof that only includes their name, the date of...
Business owners don't always look to the HR department for superhuman cost-cutting. But there has never been a better time to do it. HR managers can save business owners big money with the right workforce tools. Workforce Management Suite from Payroll Partners has those tools. Reduce...
We’ve recently learned that one of our employees is planning to leave the company and has been applying for positions elsewhere. Can we terminate them? Terminating employment because an employee is looking for work elsewhere isn’t expressly prohibited by law, but we wouldn’t recommend it. You...
The American Rescue Plan Act (ARPA), which is the latest bill to address the ongoing economic impacts of COVID-19, has been signed into law. Most aspects of the law do not directly affect the HR function, but two of those that do—optional extension of sick...
Who could have predicted the disruption and change 2020 brought to the way we work? Now that we are starting to look ahead, past the loss and the lockdowns, it is time to plan for what is next. One of the many considerations that needs to...
The latest relief bill—the American Rescue Plan Act—is the size of a long novel, so it will take some time to get the full scope. The IRS has started to issue guidance, which provides help in understanding key provisions, but does not contradict what has...
As you create your company's hiring plan for a post-pandemic world, you need to adapt to a new reality. To begin with, you will need to consider these trends: Talent shortage. There is an ongoing talent shortage in many industries, making the hiring landscape more...
With wide bipartisan support, Congress has approved the "PPP Extension Act of 2021," which extends the Payroll Protection Program. It had been scheduled to expire on March 31, but the application deadline is now May 31. The act further gives the SBA another month, until...
WASHINGTON – The Internal Revenue Service issued guidance for employers claiming the employee retention credit under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (Relief Act), for calendar quarters in...