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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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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. Keep employees motivated.

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31 HR Acronyms Explained

Genesis HR Solutions

1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. ( TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

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Employee personnel files — what should and shouldn’t be included

Business Management Daily

Knowing what to keep and the location of each document is vital to easy retrieval and to maintaining compliance with government and industry regulations. Included material spans from initial application through leaving the organization. Medical leave of absence requests. Family and Medical Leave Act paperwork.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

The organization pays specific amounts to cover an employee's medical care. Other types of medical care involve dental checkups, biometric screening, etc. Keeping this in mind, the organization offering to cover their employee's medical insurance is a huge load off of their shoulders. It can be a business of any size.

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A closer look at the Families First Cornoavirus Response Act

Business Management Daily

6201, Families First Coronavirus Response Act very soon. Stay tuned: The Families First Coronavirus Response Act is intended to be the first tranche of relief to help employees and employers deal with the work-related impacts of the coronavirus outbreak and the COVID-19 illness the virus causes. Benefits are tax-free.

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Which state laws apply to remote employees

Business Management Daily

Employees typically need to pay income taxes in the state where they live and work. They typically won’t have any tax obligations in the state the business is based. Employers will need to collect the appropriate state tax forms and submit all required deposits and documentation to the appropriate state. Sick leave and time off.