Penalty Increases for 2025 Returns

ACA Reporting Deadlines in 2024

Employers who are subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 have upcoming reporting deadlines in 2024. For the 2023 calendar year, employers are required to furnish statements to individuals by March 1, 2024, and file paper returns with the IRS by February …

2024 Pay or Play Affordability Percentage

Telework and FMLA Eligibility

The Department of Labor (DOL) released a Field Assistance Bulletin (FAB) providing guidance on how eligibility rules are applied under the Family and Medical Leave Act (FMLA) when employees telework or work outside an employer’s facility. FMLA leave is provided by employers who have at least 50 employees. Eligible employees …

2024 Pay or Play Affordability Percentage

Massachusetts’ COVID-19 Paid Sick Leave Employer Reimbursement

Massachusetts’ COVID-19 emergency paid sick leave program expired March 15, 2022. This law required employers to provide up to 40 hours of paid sick leave for certain COVID-19-related reasons. In late February, the Massachusetts Executive Office for Administration and Finance alerted employers that reimbursements for the program were reaching their …