Remove Deductions Remove Family and Medical Leave Act Remove Payroll
article thumbnail

Twelve Tax Planning Topics for 2022

Money Talk

Here are 12 tax topics to consider: Itemized Deductions- Only about 10% of taxpayers can itemize since the Tax Cuts and Jobs Act went into effect in 2018. Absent catastrophic medical bills or a natural disaster declared by the U.S. This leaves charitable donations as a path to itemizing. 401(k), 403(b), 457, TSP).

Taxes 189
article thumbnail

Cafeteria plans for health insurance: Understanding Section 125 benefits

Higginbotham

Although they cannot use FSAs to pay for insurance premiums , employees can use them for a wide range of other health-related costs, such as health insurance deductibles, copays, prescription drugs, medical equipment and over-the-counter medications. Contributions may be subject to limits.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fingercheck

HR Lineup

Fingercheck is a comprehensive workforce management solution that offers businesses an efficient and streamlined approach to managing their employees’ time and attendance, payroll, HR, and more. The software also provides robust payroll functionality, automating the payroll process and eliminating the need for manual calculations.

article thumbnail

Employee personnel files — what should and shouldn’t be included

Business Management Daily

Included material spans from initial application through leaving the organization. For instance, employers cannot include medical information in an employee’s general personnel file due to the Americans with Disabilities Act (ADA). Medical leave of absence requests. Family and Medical Leave Act paperwork.

article thumbnail

Paid Family and Medical Leave (PFML) is law in Massachusetts. What will be the impact on business?

Genesis HR Solutions

have adopted paid leave statutes. When Massachusetts Governor Charlie Baker signed the Paid Family & Medical Leave Act (PFML) in June, the Bay State became the sixth. Here are the benefits workers will receive: Workers will receive 12 weeks of paid leave to: Be with a newborn, adopted, or foster child.

article thumbnail

A Checklist of HR Policies and Procedures to Have in Place

HR Digest

Some business owners adopt the ad-hoc attitude where only the bare-bones policies of remuneration, leaves and such are covered. Such an attitude leaves an organization open to legal disputes. Payroll deductions. Check your state and local law to ensure all leave requirements are included in your employee handbook.).

article thumbnail

Employment laws to watch in 2018

Insperity

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. Paid family leave. New York State’s paid family leave legislation is billed as the country’s strongest.