IRS

Jan
24
2024

Tax season is approaching, and as most employers know, it’s time to distribute Form W-2s to employees. If MarathonHR is your payroll provider, please rest assured that we’ve handled this task for you and W-2s are already in the mail...

Dec
06
2023

It’s always a good idea to remind employees to report a change in mailing address, especially if they are remote workers who may not have regular face-to-face contact with their human resource department. In an environment where employees increasingly receive...

Nov
13
2023

The SECURE 2.0 Act of 2022 contained several provisions aimed at helping Americans amp up their retirement savings. One area of focus centered on expanding “older” workers’ (those age 50+) ability to make catch-up contributions to their employer-sponsored retirement plans....

Aug
02
2023

In July, a federal court refused to block the U.S. Department of Labor (DOL)’s “80/20 rule,” which applies to employers taking the tip credit toward their federal minimum wage obligations. The DOL rule is intended to limit the amount of...

May
03
2023

Restaurants are increasingly adding service fees to customers’ bills. However, service fees are not synonymous with tips, and employers must follow Department of Labor (DOL) regulations for distributing tips. Service Fees vs. Tips There may be instances where restaurants want...

Feb
22
2023

Under the Affordable Care Act (ACA), the IRS requires all employers and qualified health plan providers to report information about their offers of health coverage and health coverage enrollment using tax Forms 1095. What is the Difference Between Forms 1095-A,...