Employer | Cg Tax, Audit & Advisory

14 Sep

Coronavirus Tax Filing & Payment, Employer

Employers Should Approach Payroll Tax Deferral Cautiously

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September 14, 2020

As you’re probably aware, President Trump signed an executive memorandum on August 8 creating a payroll tax deferral. The development has brought with it much uncertainty regarding administrative compliance and the long-term impact of...

09 Sep

Employer

Check References, Resumés Carefully When Hiring

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September 8, 2020

Although many employers have had to let go or furlough employees during the COVID-19 pandemic, others are still hiring or soon will be. If your organization needs to fill positions, or may start filling...

02 Sep

Employer, Helpful COVID-19 Links

How Qualified Retirement Plan Rules Affect COVID-19-Related Layoffs and Rehires

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August 31, 2020

Has your organization laid off employees this year because of the COVID-19 pandemic, but you plan to rehire some of them before the end of 2020? Or maybe you already have? If so, and...

26 Aug

Employer, Families First Coronavirus Response Act

Court Invalidates Some Paid Sick and Family Leave Regs Related to COVID-19

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August 25, 2020

A federal trial court recently invalidated several provisions of the U.S. Department of Labor’s (DOL’s) temporary regulations implementing the paid leave provisions of the Families First Coronavirus Response Act (FFCRA). The decision marks an...

19 Aug

Employer

4 HR Tasks That You May Want to Outsource

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August 19, 2020

For some employers, particularly small businesses, HR practices can evolve slowly and even haphazardly. This creates risk, as all it takes is one major employment dispute or compliance slip-up to trigger a costly lawsuit...

12 Aug

Employer

Will Your Organization’s Health Insurance Still be “Affordable” Next Year?

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August 10, 2020

The IRS recently announced 2021 indexing adjustments for some critical percentages under the Affordable Care Act (ACA). This makes now a good time to review whether your organization is an applicable large employer (ALE)...

04 Aug

Employer

IRS Relief Available for Midyear Contribution Changes to Safe Harbor 401(k)s

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August 3, 2020

In response to the COVID-19 crisis, the IRS recently issued Notice 2020-52. It offers sponsors of safe harbor 401(k) plans with temporary relief from certain requirements applicable to midyear reductions or suspensions of contributions....

27 Jul

Employer, Families First Coronavirus Response Act

Form W-2 Reporting of COVID-19-Related Sick Leave and Family Leave

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July 24, 2020

In Notice 2020-54, the IRS recently provided guidance to employers on Form W-2 reporting of qualified sick leave wages and qualified family leave wages. These are the wages paid to employees under the Families...

20 Jul

Employer, Helpful COVID-19 Links

Communicate Carefully About Compensation During the Pandemic

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July 17, 2020

The COVID-19 pandemic and resulting economic fallout have spurred layoffs and furloughs for many employers. As the months pass, organizations that have retained employees face another dilemma: How should we handle compensation changes? Pay raises...

15 Jul

Employer, Helpful COVID-19 Links

IRS Guidance on “Coronavirus-Related” Retirement Plan Distributions

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July 14, 2020

In Notice 2020-50, the IRS recently provided guidance on “coronavirus-related distributions” from retirement plans under Section 2202 of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Here are some pertinent details for employers. Pension...

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