Equifax Workforce Insights

Bulletin: WOTC Transition Relief Period Extended

Situation Following a hiatus in 2015, the Work Opportunity Tax Credit (WOTC) program was extended retroactively for hires from January 1, 2015 through December 31, 2019. Earlier this year, the IRS issued Notice 2016-22 providing for “transition relief” for employers to file WOTC form 8850 for any hires from January 1, 2015 through May 31, 2016.  The [Read More…]

Internal Reorganization: A Case Study on Unemployment Impacts

As a number of restaurant organizations continue to expand and evolve to meet their strategic initiatives, it often leads to internal reorganizations that can have significant unemployment tax impacts.  These changes can take on many different names, including: Internal reorganizations Spin-offs Mergers / consolidations Workforce realignments Restructuring Case Study:  One of our prominent restaurant chain [Read More…]

US Department of Labor Issues Guidance on WOTC

Today the United States Department of Labor released a new Training and Employment Guidance Letter (TEGL) outlining updated guidance for the Work Opportunity Tax Credit (WOTC). Highlights in the TEGL include: An extension of the transition relief period for all WOTC categories to August 31, 2016 (with forms due to State Workforce Agencies by September [Read More…]

Making the Right Hire: Verifications Help Decrease Risk

Situation The cost of making the wrong hire can be extremely detrimental to an employer. The actual cost can be more than the salary, benefits and training expense related to that employee, and can also include potential damages from litigation, injuries, headline risk, internal fraud, theft and embezzlement which can be enough to put a [Read More…]

Bulletin – I-9 Compliance: CO Repeals Affirmation Document Process

On June 8th, Colorado Governor John Hickenlooper signed Colorado House Bill 1114.  This new law, which goes into effect August 10, 2016, removes the duplicate reporting requirements imposed by the state, as the federal I-9 process is already aimed at verifying employment eligibility. To review, the Colorado Employment Verification Law went into effect in January [Read More…]

Article: “How to Ensure Your Company is Immigration Compliant”

In the May 2016 issue of HR Magazine, Irina Plumlee, immigration practice group leader in the Dallas office of Munsch Hardt Kopf & Harr shares best practices in an article titled, “How to Ensure Your Company Is Immigration Compliant”.  Plumlee says, “There are few employment processes where taking a proactive approach pays off better than immigration [Read More…]

Join Equifax on your ‘Journey to Compliance’ at SHRM – booth #837

Equifax Workforce Solutions at this year’s Annual SHRM Conference As an HR professional, managing your workforce can present a number of different compliance challenges and opportunities, including: HR compliance – onboarding, I-9, Work Opportunity Tax Credit screening, state compliance requirements Affordable Care Act Management Unemployment Cost Management and related employment tax implications Employee data security [Read More…]

Bulletin – State Compliance: Colorado Passes Pregnancy Accommodation Act

Colorado Passes Pregnancy Accommodation Act On June 1, 2016, Colorado Governor John Hickenlooper signed House Bill 1438, which calls for employers to provide reasonable accommodations to applicants for employment or employees for conditions related to pregnancy or childbirth. This law is due to become effective on August 10, 2016 and is applicable to all employers in [Read More…]

ACA Update for Employers: Employee Subsidies and IRS Fines

Webinar:  Tuesday, June 14, 2016 at 1:00 PM ET With Affordable Care Act (ACA) reporting deadlines almost here, many employers understand why they can’t afford to wait to start preparing for the next ACA compliance challenges in 2016. For most, this means looking forward to the management of subsidy notifications and appeals, as well as [Read More…]

McDonald’s Case Study – Unemployment Cost Management Success

Caspers Company – McDonald’s is a family run business on their 3rd generation with over 3,300 employees spread throughout 65 plus locations.  They pride themselves on being the most profitable of all McDonald’s franchises.  In an industry with high turnover, it was important for Caspers Company – McDonalds to make their unemployment processes more efficient and [Read More…]