Compensation and Benefits

New and Updated

• Type:

  FAQs

  Is an employer required to file Section 6055 or Section 6056 information returns electronically?

  Updated to reflect the reduced e-filing threshold, effective for returns that must be filed on or after January 1, 2024.

• Type:

  FAQs

  What steps should an employer take to electronically file Section 6055 or Section 6056 information returns?

  Updated to reflect the reduced e-filing threshold, effective for returns that must be filed on or after January 1, 2024.

• Type:

  Interactive Flowcharts

  Determine If a Penalty Is Owed Under the Affordable Care Act

  Updated to reflect the inflation-adjusted "pay or play" penalties for 2024.

• Type:

  FAQs

  What penalties apply if an employer fails to timely file required information under Sections 6055 and 6056?

  Updated to reflect the inflation-adjusted penalty for 2024.

• Type:

  FAQs

  What is the penalty under the Affordable Care Act (ACA) for an employer that offers health coverage that is not considered affordable or does not provide minimum value?

  Updated to reflect the inflation-adjusted penalty for 2024.

• Type:

  FAQs

  What is the penalty under the Affordable Care Act (ACA) for an employer that does not offer health coverage?

  Updated to reflect the inflation-adjusted penalty for 2024.

• Type:

  How To

  How to Determine Full-Time Employee Status Using the Look-Back Measurement Method and Evaluate Pay or Play Penalties

  Updated to reflect the inflation-adjusted "pay or play" penalties for 2024.

• Type:

  Employment Law Guide

  Taxation of Employee Compensation: Illinois

  Updated to reflect the Transportation Benefits Program Act, effective January 1, 2024.

• Type:

  Employment Law Guide

  Unemployment and Disability Insurance Taxes (FUTA/SUTA/SDI): California

  Updated to reflect the elimination of the state disability insurance taxable wage base, effective January 1, 2024.

• Type:

  Employment Law Guide

  Unemployment Insurance: Nevada

  Updated to reflect the addition of sexual assault to the exceptions to disqualification from unemployment benefits, effective January 1, 2024.