Some may call it a miracle… others may call it an act of mercy. Either way, the IRS gave out a little holiday cheer to employers. On December 22, 2017, the IRS extended the due date for employers and providers to issue Health Coverage Forms to Individuals in 2018.
The new deadline to distribute 2017 Forms 1095-B/C has been moved from January 31, 2018 to March 2, 2018.
If you’re a business owner, you’ve most likely already heard the good news…
The minimum wage for exempt employees didn’t go up on December 1, 2016. Because on November 22, 2016, a federal judge granted an emergency preliminary injunction blocking the new Fair Labor Standards Act Overtime Final Rule.
So, what does this mean for business owners and employees?