IRS Extends ACA Reporting Deadline

The IRS has delayed the due dates for required ACA reports and forms, extending the due date for furnishing Form 1095’s from February 1st, 2016 to March 31, 2016. What you need to know: Employers may distribute Form 1095-C to … Continued

California Law Updates for 2016

Effective January 1, 2016, California’s minimum hourly wage will increase from $9.00 to $10.00. The increase will affect the minimum salary requirement for many exempt employees as they must make at least two times the minimum hourly wage in order … Continued

2016 Compliance Updates

The Internal Revenue Service has announced the annual inflation adjustments for 2016; these adjustments include social security, 401k, and HSA limits.  Several states have also had increases in minimum wage and their corresponding wage bases.  All of the adjustments, both … Continued

FUTA Changes for Current Tax Year 2015

Employers in four jurisdictions (3 states, 1 US Territory) are to pay higher payroll costs for 2015 because of Federal Unemployment Tax Act credit reductions, down from eight jurisdictions for 2014. Higher federal unemployment tax costs for employers in California, Connecticut, … Continued

Budget Early for Projected FUTA Credit Reduction

In case any of our Coastal Payroll clients did not receive our message on the upcoming Federal Unemployment tax credit reduction, below is information of the projected year-end FUTA increase.  These projected additional taxes may affect employers in seven states with … Continued