Remember, employees who can’t work or telecommute because they have to look after their kids due to school closures can take up to 12 weeks of paid sick/FMLA leave through the end of the year. And then there’s the regular FMLA for you to contend with, too.
Here are digests of regulations recently released by the IRS and the Department of Labor.
According to the Department of Labor, paid FMLA leave isn’t available after schools close for the summer, because that’s not a coronavirus-related reason. But, up to 12 weeks of paid FMLA leave may be available, if camps or other programs in which employees’ kids were enrolled didn’t open due to the coronavirus.
Almost all states now use their own W-4s. And some of those states make it a crime to use a false identity when filling out a state W-4. Those laws don’t interfere with the Immigration Reform and Control Act when employees use the same false information on I-9s and state W-4s, the U.S. Supreme Court ruled.
Proposed regulations consider snacks in break rooms, such as free water and cookies, to be meal expenses, subject to the 50% limit on deductions on your Form 1120.
As of July 1, the IRS is closing two business payment P.O. Boxes (i.e., lockbox addresses) in the Cincinnati and Hartford areas.
In many locales, members of the National Guard and military reserves were activated to help respond to the coronavirus pandemic. But they usually give their two weeks to Uncle Sam during the summer. Now is the time to review Payroll’s responsibility to these first responders.
States may raise their unemployment contribution rates next year. Strategy: If you’re willing to budget just a little bit more—by paying so-called voluntary contributions—you may come out ahead.
Employees can rectify withholding mistakes during the second half of the year, but they must act fast.
Lock-in letters sent earlier this year still referred to the number of withholding allowances employees took on W-4s they refiled in response to lock-in letters. The IRS has now provided definitive instructions on what to do.