- An employer with 15 or more employees generally must provide an employee with paid earned sick and safe leave at the same wage rate as the employee normally earns.
- An employer with 14 or fewer employees must (at least) provide an employee with unpaid earned sick and safe leave.
- The law does not apply to an employee who regularly works less than 12 hours a week.
- Earned sick and safe leave accrues at a rate of at least 1 hour for every 30 hours worked.
- An employer must allow an employee to use earned sick and safe leave to: care for the employee’s mental or physical illness, injury, or condition; obtain preventative medical care for the employee or employee’s family member; care for a family member with a mental or physical illness, injury, or condition; for maternity or paternity leave; or for certain cases related to domestic violence, sexual assault, or stalking committed against the employee or the employee’s family member.
On February 1, 2018, the Maryland Healthy Working Families Act went into law. Highlights of the law include:
In January, we reported that the deductibility of HSA contributions in Maryland was in jeopardy as a result of the Contraceptive Equity Act, which was effective January 1, 2018.
On March 5, 2018, the IRS issued Notice 2018-12 that provides some relief on this issue. The notice states that:
The IRS also lowered the allowable HSA family contribution for 2018 by $50 to $6,850, instead of $6,900 as the IRS had previously announced. The contribution limit for individuals for 2018 remains at $3,450.
On January 11, 2018, the IRS released new federal income tax withholding tables for 2018 via Notice 1036. These new tables reflect changes made by the Tax Cuts and Jobs Act passed in December. Employers should begin using the tables as soon as possible and no later than February 15, 2018. The new tables are designed to work with existing Forms W-4 that employers have on file and reflect changes in the standard deduction, repeal of personal exemptions, and changes in tax rates and brackets. The IRS is working to revise their online tax calculator, which they anticipate will be done by late February.
The IRS expects that most employees will see an increase in their paychecks after use of the new withholding tables. A copy of the new withholding guidelines can be found here.
The IRS also issued Notice 2018-14 that outlines the following points:
Insurers, self-insuring employers, other coverage providers, and applicable large employers now have until March 2, 2018 to provide Forms 1095-B or 1095-C to individuals, which is a 30 day extension from the original due date of January 31. These insurers and employers are required to provide statements to employees or covered individuals regarding the health care coverage offered to them during the year, in accordance with the requirements of the Affordable Care Act. The 30 day extension is automatic and need not be requested by insurers or employers.
Individuals may not receive their 1095-B or 1095-C before the time they are ready to file their 2017 income tax returns. The forms are not required to file and returns may be filed without them using other information about a taxpayer’s health care coverage.
The U.S. Citizenship and Immigration Services (USCIS) released a new version of Form I-9 Employment Eligibility Verification on July 17. Employers are required to use the new form starting on September 18, 2017. Until then, employers can continue to use the old version dated 11/14/16 N or use the new form dated 07/17/17 N. Changes to the form include:
Tax return filing season has arrived, which means it's time to mark your calendar for these 2017 tax deadlines.
Did you spot the new due dates on the tax calendar? As you begin your January payroll preparation, take into account earlier due dates for two common information reporting forms.
Forms W-2 for 2016 are due January 31 for all copies. In the past, you had to provide Forms W-2 to your employees by January 31. Now the January 31 deadline also applies to copies submitted to the Social Security Administration.
The due date for filing all copies of 2016 Forms 1099-MISC with non-employee compensation in Box 7 is January 31, 2017. For these forms, the January 31 due date also applies to both paper and electronic filing.
When you're an applicable large employer (generally, when you employ 50 or more full-time workers and equivalents), you're required to provide information about health coverage to the IRS and to your employees. The IRS extended the date on which two of these forms are due to your employees. Instead of being due January 31, Form 1095-B, Health Coverage, and Form 1095-C, Employer Provided Health Insurance Offer and Coverage, are now due March 2, 2017. There is no change to the February 28, 2017, due date for filing paper forms with the IRS, nor the March 31, 2017, due date for filing electronically.
As a result of The Surface Transportation and Veterans Health Care Choice Improvement Act of 2015, due dates for several tax returns have been changed, beginning with the upcoming 2017 filing season for 2016 tax returns.
Other income tax and related returns with due date changes include:
If you have any questions regarding these due date revisions, please contact us!
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