Wishing you Happy Holidays and a Wonderful New Year! As a reminder, Truss will be closed on Friday, December 23rd, Monday, December 26th, and Monday, January 2nd. Thank you for a wonderful 2016 and we look forward to serving you in 2017!
Please join us for a lively discussion and review of the Affordable Care Act 2015 as we revisit the processes that were undertaken to comply with ACA. We will share what we learned throughout 2015 – including successes, challenges, vendor reviews and – most importantly- what adjustments may need to be made for 2016 to help the process run more smoothly and how to address any inquiries you receive from the IRS.
Tuesday, October 11, 2016 10:30 – 11:30 a.m. CST / 11:30 a.m. – 12:30 p.m. ET
Guest Speaker: Scott Millson, Principal with MillsonJames and creator of DIY1095
Lucky for you, you can still listen to the Grill Nation Show here!
Click on the 02.06.16 Grill Nation podcast; Steve’s segment begins at the 21:30 mark.
The IRS has released a notice that they are extending the deadline to send 1095-B/1095-C forms to your employees (applicable individuals) from January 31, 2017 to March 2, 2017. This does not affect the actual filing deadlines, which remain February 28th for paper, and March 31st for e-file.
Additionally, “good faith effort” is being applied this year, just as it was last year. If an employer is deemed to have made a “good faith effort,” then they will not be subject to fees or penalties. Incomplete or inaccurate forms will not be subject to a penalty, as long as they were filed on time and the filer was acting in good faith. For more information visit: www.irs.gov.
Early this year the U.S. Department of Labor (DOL) announced its final Overtime ruling. As a reminder, the purpose of this new rule is to modernize the regulations that govern the exemption of “white collar” employees – executive, administration and profession (EAP) – from the minimum wage and overtime protection of Fair Labor Standards Act (FLSA). The changes made to the three tests required for the FLSA’s EAP exemption to apply include:
This new rule does take effect on December 1, 2016. Automatic updates will happen to the thresholds ever three years starting on January 1, 2020. While additional legislation or judicial action is being considered which may alter or delay this timeline, we recommend preparing as though this rule will take effect December 1, 2016.
Protect your employees — and company —by following these tips for helping to prevent a social engineering attack. No matter how tight a security network is, hackers will exploit employees to execute a variety of hacking techniques and phishing scams via social engineering tactics. Remember to educate your employees on this important information.
Finding and attracting the best talent is key to building a successful business. This webinar will help you identify and hire the right people for your organization so you can be an employer of choice in your industry. We’ll focus on writing appropriate job descriptions, effective and compliant interviews, and essential documentations during the selection process.
Wednesday, Sep 21, 2016 12:00 PM – 1:00 PM CDT
Host: Jeff DeWolf, Truss Human Capital Practice Leader
Speaker: Rebecca Seaman, SPHR, SHRM-CP
The IRS recently released Revenue Procedure 2016-55, which officially raised the Flexible Spending Account (FSA) salary reduction contribution limit from $2,550 to $2,600. This change will be allowed at the group’s first renewal on or after 1/1/2017.
There are no changes to the already released HSA limits for 2017 at this time. For more information about this change, please visit: www.shrm.org.