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Twelve Tax Planning Topics for 2022

Money Talk

The 2021 income tax season will soon be in the history books. With income tax calculations still fresh in our heads, this is a great time to do some tax planning for 2022. Here are 12 tax topics to consider: Itemized Deductions- Only about 10% of taxpayers can itemize since the Tax Cuts and Jobs Act went into effect in 2018.

Taxes 189
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The Families First Coronavirus Response Act (FFCRA): What you need to know

Insperity

The Families First Coronavirus Response Act (FFCRA or Act) is part of the federal government’s effort to minimize the economic impact felt by American families dealing with the COVID-19 global pandemic. Together with the Coronavirus Aid, Relief and Economic Security (CARES) Act, also enacted by the U.S.

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Employee Benefits: A Key Part of Job Compensation

Money Talk

Vacation pay is part of a worker’s income and is fully taxable on federal and state income tax returns. Paid Sick Leave- With this benefit, workers are paid but allowed to stay home when they, or sometimes a family member, are sick. Leave may be uniform for all employees (e.g., Like vacation time.

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Fringe Benefits: What Are They and How Are They Helpful

HR Digest

These are some fringe benefits you generally must provide to your employees: Fringe benefits required by law The essential fringe benefits are intended to provide employees with medical care, help them in the event of job loss, and provide them with retirement income to sustain them during retirement.

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Pregnancy disability leave — who and what are covered

Business Management Daily

Is there such a thing as pregnancy disability leave ? The Pregnancy Discrimination Act , an amendment to Title VII of the Civil Rights Act of 1964, notes that women affected by pregnancy or related conditions must be treated in the same manner as other applicants or employees who are similar in their ability or inability to work.

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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

Our research and work with companies globally suggest various strategies: Supportive HR policies Implement policies that support employees in terms of sexual reproductive health (SRH), such as maternity and paternity leave, flexible work arrangements for parents, and fertility treatment coverage. Shared parental leave is also a must.

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Understanding FMLA Leave for Mental Health Conditions

Griffin Benefits

While employers pursue various ways to support employees struggling with mental health issues, it’s also important to be aware of and offer appropriate leave under the Family and Medical Leave Act (FMLA). Have worked at least 1,250 hours for the covered employer during the 12 months prior to leave.