OMB provides guidance on executive order on regulations

President Trump’s executive order on federal regulations (commonly known as the “two-for-one” order) continues to generate questions about its effect on tax regulations. IRS officials have said that the IRS is reviewing the executive order. Meanwhile, the Office of Management and Budget (OMB) has released a memorandum about the executive order and opponents have filed […]

District of Columbia amends withholding regulations

The District of Columbia has issued revised withholding regulations. The regulations align with the previously reported change from monthly to quarterly withholding returns. Further, the regulations address the general withholding provisions, payment of withholding tax and annual report of withholding. The section on the withholding returns now states that until notified otherwise by the Deputy […]

Connecticut revises guidance regarding withholding requirements

The Connecticut Department of Revenue Services has revised its employer’s tax guide, Circular CT, to provide guidance for employers who withhold Connecticut personal income tax from their employees’ wages in 2017. Married individuals who are employed and have filed a joint Connecticut personal income tax return are reminded they might have to adjust the amount […]

Arkansas lowers income tax rates

Effective for tax years beginning on and after January 1, 2019, Arkansas has enacted legislation that lowers the personal income tax rates. The rate is lowered to 0.75% (from 0.9%) on the first $4,299 of income for residents, individuals, trusts or estates having net income of $21,000 up to $75,000. The rates for residents, individuals, […]

Markets remained concentrated among small number of issuers

A Government Accountability Office (GAO) study which examined the early impact of the Patient Protection and Affordable Care Act (ACA) (P. L. 111-148) on private health insurance markets found that markets remained concentrated among a small number of issuers in most states, consumers generally had access to more health plans in 2015 than in 2014, […]

Evidence employee was discouraged from taking intermittent leave, fired after doing so, support revival of FMLA claims

An employer’s email to an employee who had just returned from a four-day absence—while she had a pending FMLA leave request and prior not-yet-approved requests—stating that her “continued unpaid time away from the workplace” compromised the quality of care it could provide was “the clearest example” of discouraging her from taking FMLA leave, the Eleventh […]

Honest belief employee was abusing FMLA leave defeats retaliation claim

Even assuming an employee made out a prima facie case of FMLA retaliation, his employer was properly granted summary judgment because the evidence showed that it fired him based on an honest belief that the employee, who was arrested for a DUI and had court dates coinciding with his intermittent FMLA dates, was misusing FMLA […]

Forecast is mixed for health benefits in 2017 and beyond

The health insurance industry can expect to see more change in 2017, and employers are concerned about how potential new healthcare legislation may affect their employee benefits programs, according to a new report issued by Wells Fargo Insurance. Well Fargo points out that health insurance premiums have increased 213% since 1999, and that trend is […]

Spencer’s Benefits Reports NetNews – February 17, 2017

About this Newsletter The Spencer’s Benefits Reports is a summary of the week’s news items posted in the WHAT’S NEW pages of Spencer’s Benefits Reports Online. For questions regarding this email service, contact Customer Service at (800)449-9525. NetNews Subscription Want to receive these Newsletters via E-mail? Sign Up / Unsubscribe Resources Online Store Customer […]

Congress targets payroll card regulations for repeal

The House and Senate have introduced joint resolutions to repeal the Consumer Financial Protection Bureau (CFPB) final rule on payroll cards (see PAYROLL MANAGEMENT GUIDE Report Letter 1478/2457, dated October 11, 2016). The resolutions are required to repeal regulations under the Congressional Review Act. Note that, the final rule’s definition of prepaid accounts specifically included […]