Global People Strategist

JULY 6, 2020

Preliminary recommendations have been issued in Greece in order to reduce additional tax and social security contribution amounts with the hopes of potentially attracting investments from foreign parties. These investments may come in the form of multinational investors, multinational corporate partnerships or traditional tourism.

Taxes 52

Taxes Government Employment IT 52

Patriot Software

APRIL 22, 2019

In 2018, the IRS adjusted income tax withholding tables to reflect the Tax Cuts and Jobs Act. The IRS released changes to the income tax brackets for 2019. When you have employees, you need to stay on top of changing employment tax rates. Rates impact the amount of money you withhold from employee wages.

Taxes 73

Taxes Payroll Employment 73

Insperity

JANUARY 11, 2018

Employment laws continue to evolve, and 2018 will usher in some big changes in two of our most populous states, California and New York. The HR world is abuzz with all the implications of implementing New York state’s paid family leave legislation and California’s ban-the-box law, both of which went into effect January 2018.

Family and Medical Leave Act 65

Family and Medical Leave Act Employment Deductions Deductible 65

Money Talk

APRIL 7, 2022

One webinar sponsored by The American College of Financial Services covered financial topics such as income taxes, required minimum distributions (RMDs), qualified charitable distributions (QCDs), and income-related monthly adjusted amount (IRMAA) Medicare premium surcharges. Financial Planning Take-Aways ¨ Tax Deferral ?

401(k) 189

401(k) Taxes Finance Education 189

Business Management Daily

NOVEMBER 27, 2018

Who could forget tax day 2018? The Tax Inspector General for Tax Administration recently released its analysis of exactly what happened. The post TIGTA’s postmortem on the 2018 1040 filing season appeared first on Business Management Daily.

Taxes 40

Taxes Management IT Payroll 40

HR Digest

NOVEMBER 18, 2024

Around 55,000 workers announced a nationwide postal strike in Canada, their first in 2024, and the first since 2018. Canada Post is at a critical juncture, losing $3 Billion since 2018 with losses continuing to mount,” the statement explained. The answer is no for the most part, as all work has come to a halt at the organization.

Pension 97

Pension Paid Leave Government Medical 97

Benefit Resource Inc.

NOVEMBER 15, 2018

The IRS released the 2019 pre-tax limits for Mass Transit, Parking, Medical FSA and Adoption Assistance. Maximum Election : $265 / month (up from $260 / month in 2018). Maximum Annual Limit : $2,700 (up from $2,650 in 2018). 2018 Adoption Assistance Limit. Maximum Annual Limit : $14,080 (up from $13,810 in 2018).

Taxes 40

Taxes Medical Flexible Spending Employment 40

Workplace Insight

AUGUST 2, 2024

The think tank’s analysis reveals that the annual hidden cost of employee sickness has surged by £30 billion since 2018. On average, employees lose the equivalent of 44 days of productivity annually due to working while sick, up from 35 days in 2018. days in 2018. Additionally, they take an average of 6.7

Commissions 59

Commissions Government Taxes Employment 59

Money Talk

OCTOBER 6, 2022

In 2018, the life expectancy of a 65-year-old was 17 years. Tax Diversification- Ideally, retirees should have savings in tax-deferred, taxable, and tax-free accounts (e.g., Each has a different type of tax treatment. Tax diversification provides an opportunity to strategize to manage taxes better in retirement.

Taxes 188

Taxes Finance Education Retirement Plan 188

Benefit Resource Inc.

APRIL 11, 2019

Let’s say you had an FSA in 2018 but you decided not to re-enroll for 2019. Data based on BRI clients as of June 2018. The post Pre-tax terms: R is for “Rollover” appeared first on Benefit Resource, Inc. (Again, refer to your Plan Highlights to determine the amount that’s applicable to your plan).

Taxes 76

Taxes Flexible Spending Account Medical Flexible Spending 76

Benefit Resource Inc.

JULY 18, 2019

748 , the Middle Class Health Benefits Tax Repeal Act , to repeal the “Cadillac Tax” The bill passed by a nearly unanimous vote in favor of repeal. What is the Cadillac Tax? The Cadillac Tax was originally passed in the Affordable Care Act as a cost-containment measure. 748 would eliminate the Cadillac Tax.

Taxes 40

Taxes Employment IT 40

InterWest Insurance Services

MAY 16, 2024

In 2022, 9% of employers with 20,000 or more workers offered HDHPs exclusively, a drop from 22% in 2018, according to Mercer’s “National Survey of Employer-Sponsored Health Plans.” ” And 10% of employers with 500 or more workers offered only these plans, compared to 13% in 2018.

401(k) 84

401(k) Deductions Deductible Health Savings Account 84

WEX Inc.

JANUARY 8, 2018

In late December last year, the new tax bill, formerly titled "The Tax Cuts and Jobs Act", was signed into effect. With that in mind, here are three key ways the bill will affect employee benefits in 2018: With that in mind, here are three key ways the bill will affect employee benefits in 2018:

Taxes 53

Taxes Employee Benefits 53

Ascender

APRIL 5, 2018

Ascender wish to advise that as of March 27, 2018, all Ascender payroll platforms are now covered by a Single Touch Payroll (STP) deferral issued by the Australian Tax Office. The post Single Touch Payroll Product Bulletin | April 2018 appeared first on Ascender HCM. Preceda – Single Touch Payroll Update.

Payroll 40

Payroll Taxes Software Management 40

Ascender

MARCH 27, 2018

Ascender wish to advise that as of March 27, 2018, all Ascender payroll platforms are now covered by a Single Touch Payroll (STP) deferral issued by the Australian Tax Office. The post Single Touch Payroll Product Bulletin | March 2018 appeared first on Ascender HCM. Preceda – Single Touch Payroll Update.

Payroll 40

Payroll Taxes Software Management 40

InterWest Insurance Services

JUNE 6, 2024

In 2022, 9% of employers with 20,000 or more workers offered HDHPs exclusively, a drop from 22% in 2018, according to Mercer’s “National Survey of Employer-Sponsored Health Plans.” ” And 10% of employers with 500 or more workers offered only these plans, compared to 13% in 2018.

401(k) 73

401(k) Deductions Deductible Health Savings Account 73

cipHR

JANUARY 9, 2018

There are just 35,000 people in financial services in Dublin; Frankfurt’s total city population is just 730,000; and Paris, like the other cities, has its own costs and issues – from language, tax rates and regimes, to capacity and infrastructure. The post Key UK HR trends for 2018 appeared first on CIPHR.

Banking 66

Banking Professional Services Retail Human Resources 66

Business Management Daily

NOVEMBER 29, 2018

The IRS has now addressed key issues related to the tax credit for paid leave under the Tax Cuts and Jobs Act during 2018 and 2019. The post FMLA paid tax credit: IRS guidance fleshes out the details appeared first on Business Management Daily.

Taxes 45

Taxes Paid Leave Management Human Resources 45

WEX Inc.

MARCH 16, 2023

With an HSA, you experience a triple-tax advantage : Contributions are tax-free, earnings are tax-free, and withdrawals for eligible expenses are tax-free. HSA participants are advised to contribute the maximum amount each year because the dollars going into these accounts are tax-free.

Health Savings Account 98

Health Savings Account Deductions Deductible Healthcare 98

Business Management Daily

APRIL 2, 2019

The 2018 1040 has changed so substantially (not really for the better in our opinion) and figuring your taxes is so different that employees may be feeling more stress than usual. The post It’s tax time again, and this year is anything but routine appeared first on Business Management Daily.

Taxes 40

Taxes Management Payroll 40

Money Talk

JULY 29, 2022

Widespread data hackings are increasingly common, whether it is a credit bureau (Equifax in 2017), a hotel (Marriott in 2018), an online game producer (Zynga in 2019) a federal government agency (OPM in 2015), or an Internet media company (Yahoo! Another common scam is phone calls and e-mails claiming to be from a bank.or Social Security.or

Banking 275

Banking Pension Media Finance 275

Employee Benefits

AUGUST 6, 2024

in real terms since 2018 due to below inflation pay rises. billion, with pre-tax profits to hit £100 million. They were balloted for strike action until 24 July and strikes were set to be scheduled after this. According to Unite, wages at the Hull factory have dropped by 11.9% Its 2024 revenue is expected to reach £1.5

Construction 59

Construction Bonuses Taxes Employee Benefits 59

Employee Benefits

MAY 16, 2023

Jim Moore, employee relations partner at HR consultancy Hamilton Nash, says: “Employer-supported childcare allowed employers to offer subsidised childcare or vouchers where up to £55 per week was tax-free, but the government closed this scheme to new entrants in late 2018. However, this is a scheme run by the government, not employers.”

Employment 111

Employment Government Taxes Entertainment 111

HR Bartender

FEBRUARY 22, 2022

That includes compliance with employment tax payment and reporting rules with each of the various local, state, and federal agencies to avoid penalties. But according to a 2018 Deloitte Payroll Operations Survey, only 6% of organizations surveyed relied on some form of process automation for payroll processing.

Taxes 132

Taxes Payroll Technology Employee Retention 132

Benefit Resource Inc.

JUNE 25, 2019

According to a November 2018 article from SHRM “Adopting a child from foster care may cost about $2,500, domestic private adoptions can cost up to $40,000, and international adoptions can cost up to $30,000.” Adoption Assistance Accounts allow employees to set aside funds on a pre-tax basis to pay for adoption-related expenses.

Taxes 40

Taxes Medical Flexible Spending Employment 40

HR Digest

SEPTEMBER 12, 2024

Since 2018, the program provided employees with support for completing their college education while they continued to work, guaranteeing assistance for both bachelor’s and master’s programs.

Education 52

Education Employee Enrollments Taxes Deductions 52

InterWest Insurance Services

JANUARY 13, 2022

The change starting with the 2021 tax reporting year means that employers can face steep penalties for mistakes on their forms. But since employers were required to first start filing these forms in 2018, the IRS has been lenient against those that make good-faith errors on the forms.

Health Insurance 82

Health Insurance Taxes Electronics Insurance 82

WEX Inc.

JULY 22, 2024

This is a 15% increase from 2022 and the highest rates of fraud since 2018. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax, and investment advisers. Business security is critical now more than ever. The information in this blog post is for educational purposes only.

Finance 52

Finance Taxes Education Consulting 52

HR Bartender

JANUARY 9, 2018

Just in case you missed it, Congress passed the “ Tax Cuts and Jobs Act of 2017 ” and it was signed into law by the President last month. The Act will impact many things during fiscal year 2018, including the Affordable Care Act (ACA). For example, organizations prepare and file their taxes. Enjoy the article!).

Health Insurance 106

Health Insurance Taxes Insurance Employment 106

Employee Benefits

JANUARY 25, 2023

million in tax in 2021, despite recording a pre-tax profit of £204 million. This represents a 29% increase in the minimum hourly wage paid to Amazon employees since 2018. According to trade union GMB, 300 employees out of a total 1,000 at the warehouse are expected to walk out for a total of 24 hours. and £11.45

Comprehensive Benefits 59

Comprehensive Benefits Taxes Medical Insurance 59

WEX Inc.

SEPTEMBER 19, 2024

It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax, and investment advisers. Editorial note: This article was originally published on March 27, 2018, and has been updated for this publication. The information in this blog post is for educational purposes only.

Banking 52

Banking Electronics Finance Taxes 52

Employee Benefits

MARCH 25, 2024

Wright-Turner was employed by the London Borough of Hammersmith and Fulham as director of public service reform between November 2017 and August 2018. On 2 May 2018, concerns about Wright-Turner’s performance were raised in a meeting and she was accused of not disclosing her ADHD in the recruitment process.

Hospitality 75

Hospitality Recruitment Employment Employee Benefits 75

Benefit Resource Inc.

AUGUST 6, 2021

Now, let’s assume those 100 employees contribute $2,000 a year each into their HSA through their pre-tax payroll deduction contributions. Based on the FICA tax rate of 7.65%, you’ll save $15,300. One study showed only a 12% HSA adoption rate in 2018. From 2018 to 2020 the amount of invested HSA assets doubled (and then some!)

401(k) 76

401(k) Health Savings Account Deductions Deductible 76

Employee Benefits

AUGUST 22, 2023

Clare Jackson had been working as a band six senior haematology research nurse at the hospital for five years when a directorate restructuring involving more than 20 nurses was ordered in 2018 to save around £600,000. After missing out on a band six post during the restructuring, Jackson was down-banded to band five.

Hospitality 98

Hospitality Employee Benefits Employment Taxes 98

Employee Benefits

APRIL 29, 2024

From 2018 until October 2022, her husband made declarations to HMRC that she was earning a wage of around £12,500 per year, but she was unaware. She then discovered that it had falsely been reported to HMRC that she had been paid wages since 2018. The wages stopped in October and she resigned.

Construction 64

Construction Employment Employee Benefits Taxes 64

Benefit Resource Inc.

MARCH 20, 2019

Households released in May 2018. The tax savings. It will help you save on taxes and on health expenses. An HSA is a tax-free benefit. The money comes out of your paycheck before taxes, similar to a 401(k) and health insurance. Because your gross income (your income before taxes) is reduced, you pay less in taxes.

401(k) 85

401(k) Deductions Deductible Health Savings Account 85

Employee Benefits

DECEMBER 11, 2023

billion in 2018 to £26.6 They will also lose out on the valuable tax benefits available in the pension scheme. It’s usually better to leave the money invested in a pension fund where it keeps its tax-free status, and only withdrawing when it is actually needed. billion in 2022 [3].

Pension 52

Pension Taxes Banking Retirement Plan 52