Happy Holidays!
I want to wish you a wonderful holiday season. I am so appreciative of your continued support and look forward to another great year together. As a reminder, we can help you with many of the things that make running a business challenging. Our solutions are designed with today’s employer in mind.
Sincerely,
Bettye Smith, president and owner of Payroll People
Compliance Corner
The latest federal and state legislative updates are now available on our blog:
- Federal: Minimum Wage Updates through 11-20-24
- Federal:Â Federal Court Strikes Down Overtime Exemptions Rule
- Federal:Â 2025 Benefit Plan Contribution and Pension Plan Limits Announced
- Alaska:Â Minimum Wage Increase
- Illinois:Â New IL e-Verify Law Clarifications
- Massachusetts:Â Sick Leave Requirement Expansion
- Missouri:Â Minimum Wage Increase
Year-End Update
Don’t forget to review and approve all ACA data. Below is the timeline.
Don’t forget to review and approve all ACA data. Below is the timeline.
ACA isolved Timeline:
- All ACA questionnaires due by December 13th, 2024.
- All ACA data for tax year 2024 must be in your payroll platform by January 10th, 2024, approved and signed off.
- PPI will begin printing 1095C pressure-sealed copies for all platforms on January 13th, 2024.
- California ACA mandates that employees must receive their forms on or before January 31, 2024
Tips to Make the Most of isolved
Don’t forget: We recently put together a detailed document with 20 tips and tricks to maximize the isolved platform. Here are a few you can find:
- Use the Company Messages feature to share important updates with all employees at once! Our HR training class provides more information about using this feature efficiently.
- isolved University is available to help you find information and utilize the system more effectively.
- Track EEO codes alongside job titles and other employee information.