FRAUD ALERT!

I have webinar companies who are stealing my webinars and presenting them as if I were doing it live.  I want my blog followers to be aware of this so they don’t get ripped off.  The latest is ComplainceWorld (that’s how they spell it).  They are advertising a live  6-hour boot camp with me as the instructor on July 1st. I do not work with this company and I am not leading this webinar.  I only found out about it via a spam email I received.  Please do not use this company for your training needs!  One of the other speakers they list has also never heard of them and his webinar was also stolen.  If you see a webinar with my name on it, feel free to contact me via my email, vicki@thepayrolladvisor.com to confirm it is genuine.  I don’t want any of my followers to get ripped off.

Department of Labor Roadshow Webinars Are Coming Your Way

The U.S. Department of Labor will host four webinars in June and July to discuss how the Department is helping workers and employers by reducing regulatory burdens and making it easier to understand and comply with the law. The webinars will also provide an opportunity for workers, employers, and state and local governments to ask questions and discuss how the Department can expand and improve access to its compliance assistance materials.

All events will include U.S. Department of Labor Deputy Assistant Secretary for Policy Jonathan Wolfson.

The webinars will be hosted by the Department’s Office of the Assistant Secretary for Policy and its Office of Compliance Initiatives. Attendance is free, but attendees must pre-register online. If you have questions, please contact Marisela Douglass at douglass.marisela@dol.gov.

The four webinars are:

Agriculture

Guest Speaker: Wage and Hour Division Administrator Cheryl Stanton

Tuesday, June 23, 2020, 1:00 p.m. to 2:15 p.m. EDT

Register at: Compliance Assistance Webinar 1

 

Manufacturing and Construction

Guest Speaker: Occupational Safety and Health Administration Principal Deputy Assistant Secretary Loren Sweatt

Thursday, June 25, 2020, 1:00 p.m. to 2:15 p.m. EDT

Register at: Compliance Assistance Webinar 2

 

Food Service, Hospitality, and Retail

Guest Speaker: Employment and Training Administration Deputy Assistant Secretary Amy Simon

Tuesday, June 30, 2020, 1:00 p.m. to 2:15 p.m. EDT

Register at: Compliance Assistance Webinar 3

 

Health Care and Emergency Responders

Guest Speaker: Employee Benefits Security Administration Acting Assistant Secretary Jeanne Klinefelter Wilson

Wednesday, July 1, 2020, 1:00 p.m. to 2:15 p.m. EDT

Register at: Compliance Assistance Webinar 4

Making Sense of All the Employer Tax Credits for 2020

The IRS is attempting to provide as much information on the various tax credits available to employers during the COVID-19 pandemic.  In its latest bid to streamline the information, the IRS has issued Publication 5419, New Employer Tax Credits.  The flowchart style publication can be found on the IRS website.  The chart breaks the tax credits into two sections.  The first section is on the Employee Retention Credit portion.  It explains the purpose of the credit…to encourage employers to keep employees on their payroll…the amount of the credit…50%…and who is eligible for the credit…all employers regardless of size, but not governments or businesses who received a PPP loan.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Page 2 of the chart outlines the leave credits for paid sick leave and paid family leave.  This applies to employers with 500 or less employees.

For more info or details on these credits see the IRS website.

Opining on Regular Rate of Pay

The U.S. Department of Labor (DOL) has issued three new opinion letters that address compliance issues related to the Fair Labor Standards Act (FLSA).  As a reminder to my readers, an opinion letter is an official, written opinion by the DOL’s Wage and Hour Division (WHD) on how a particular law applies in specific circumstances presented by the employer that requested the letter.  The current group of letters issued include:

 

FLSA2020-3: Addresses excludability of longevity payments from the regular rate of pay. This opinion rules that longevity payments made to employees that clearly “must or shall” be paid cannot be excluded and must be used to calculate the regular rate of pay.  However, if the longevity payment is worded as that it may or may not be awarded, up to the discretion of the employer, then it would not need to be included in the calculation for regular rate of pay.

FLSA2020-4: Addresses excludability of referral bonuses from the regular rate of pay. The employer is offering a referral bonus to employees not involved in recruiting or human resources and would be issued in two parts, one immediately and one if the employee is still employed after a year and so is the employee who was referred.  The opinion states that the first portion of the bonus would not be included in the regular rate of pay calculations as it is not remuneration for employment as it is a voluntary program.  However, the second installment of the bonus would be included as it would be considered the same as a longevity bonus. If the employee received the bonus whether they were still employed or not, it would not be includable.

FLSA2020-5: Addresses excludability of an employer’s contributions to a group-term life insurance policy from the regular rate of pay.  In essence, the opinion states that just because a wage paid is subject to federal taxes under the Internal Revenue Code, does not make the same payment includable in the regular rate of pay.

For more information on opinion letters, see the WHD website.