On August 8, 2020, President Trump issued an Executive Order directing the Secretary of the Treasury Steven Mnuchin to defer the withholding, deposit, and payment of certain payroll taxes beginning September 1, 2020 through...more
On March 25, 2020, the IRS announced a new program called the People First Initiative designed to assist taxpayers facing challenges related to COVID-19. The IRS previously provided relief by extending the due date for filing...more
On March 20, 2020, the IRS made an announcement (2020-57) providing some guidance on the implementation of the Paid Sick Leave Credit and Child Care Leave Credit included in the Families First Coronavirus Response Act. It...more
3/25/2020
/ Coronavirus/COVID-19 ,
Employer Liability Issues ,
Families First Coronavirus Response Act (FFCRA) ,
Healthcare Workers ,
IRS ,
Paid Family Leave Law ,
Paid Leave ,
Self-Employment Tax ,
Sick Leave ,
Social Security Taxes ,
Unemployment Benefits ,
Withholding Tax
Over the past several years, the IRS has renewed its focus on auditing Employee Stock Ownership Plans (ESOPs), in part because of allegedly abusive arrangements (for a quick overview, see Courtney’s ESOP post). Unfortunately,...more
Employers complying with the Affordable Care Act (“ACA”) by filing Form 1095-C increasingly face another question: Are they in compliance with their I-9 obligations?
The Affordable Care Act (ACA) requires employers with...more
7/27/2016
/ Affordable Care Act ,
Duty to Investigate ,
E-Verify ,
Form 1095 ,
Form I-9 ,
Health Insurance ,
Immigration and Customs Enforcement (ICE) ,
IRS ,
Penalties ,
Reasonable Cause Defense ,
Reporting Requirements ,
Social Security Numbers