Cadillac Tax Delayed until 2022
Delayed Again but Not Repealed The recent government funding bill included a provision to delay the Cadillac Tax further. The tax is a 40% excise tax on plans with value over certain indexed thresholds. The stopgap funding bill also amends other tax provisions that were part of the Affordable Care Act, such as delaying the […]
DOL Rescinds Guidance on Independent Contractors
The U.S. Department of Labor rescinded the controversial Administrator Interpretations issued in 2015 and 2016. This was regarding its previous guidance on independent contractors and joint employers. The announcement reads: “The Department of Labor’s 2015 and 2016 informal guidance on joint employment and independent contractors were withdrawn effective June 7, 2017. Removal of the two administrator […]
Freelance Isn’t Free! New NYC Law
New York City recently passed a law, the Freelance Isn’t Free Act (FIFA), that specifies how business is to treat freelancers. This will go into effect in May of 2017. Therefore, if you are a NYC business or hire someone who lives there, you may be subject to the law. In order to be a […]
