Explore CBIZ’s latest insights on the critical issues that help advance accounting, tax, insurance, HR and much more at your organization. Search for exactly what you need to succeed below.
April 27, 2020
OSHA Coronavirus Compliance
The Occupational Safety and Health Act (the Act) requires employers to report and record work-related injuries and illnesses. The Occupational Safety and Health Administration (OSHA) has indicated that COVID-19 infections are recordable injuries if they are work-related and they meet the Act’s recording criteria.
Key Questions and Answers about Income Tax Accounting Considerations for the CARES Act
COVID-19 stimulus legislation and other impacts from the pandemic will affect several elements of income tax accounting in 2020. It will be important to check in with the effect these updates will have on financial reporting and accounting.
Income Tax Accounting Repercussions for Public Companies
The $2.2 trillion economic stimulus package, includes tax and non-tax provisions to assist individuals, businesses, and the unemployed. Public companies will need to address a number of income tax accounting implications from the CARES Act for quarterly financial reporting.
4 COVID-19 Repercussions Experienced by Financial Professionals
One of the most challenging aspects to the COVID-19 pandemic involves the speed at which the virus spread. There was no time for long-term strategic planning, as travel restrictions and shelter in place orders rolled out.
Managing the Challenges of Working Remotely
As a result of COVID-19, many employees are now working remotely, and that presents them with whole new set of challenges. The following are the five most common challenges and how you can respond to adjust to this new work environment.
April 26, 2020
By Karen McLeese
Increased penalty for failure to Post EEOC Workplace Poster
The Equal Employment Opportunity Commission announced an increase in the penalty for failure to post the EEOC notice from $559 to $569 per violation.
Medicare Part D Prescription Drug Adjustments for 2021
The Centers for Medicare and Medicaid Services released the 2021 adjustments for Medicare Part D prescription drug benefits.
San Francisco Employer Reporting Cancelled
Due to COVID-19 situation, the Mayor of San Francisco cancelled the annual reporting obligation for employers subject to the Health Care Security Ordinance. The 2019 Annual Report reflecting an employer’s health care expenditures was to be filed by April 30, 2020.
Paid Sick Leave Updates: Dallas and New York State
Despite state and local efforts to address the need for leave for COVID-19 related reasons, the U.S. District Court for the Eastern District of Texas granted an injunction to block the City of Dallas from enforcing its paid sick leave ordinance. And, the state of New York enacted a sick leave law that will become applicable January 1, 2021, requiring most employers to provide sick leave.
Update: Coronavirus Impact on the Workplace
In last month’s Benefit Beat, we discussed the Potential Impact of Coronavirus on the Workplace. Much has happened since the time of that writing.