Originally published in the Nashville Business Journal on Feb. 24, 2014.
While the foundation of the recruitment process stays consistent in good and challenging economic times alike, it is important for company decision makers to realize their hiring process will likely have to change with the arrival of a better economy. read more »
Who’s affected: Higher-income taxpayers.
Key changes: The following types of executive compensation are considered FICA income so could be subject to the 0.9% additional Medicare tax: read more »
The Family and Medical Leave Act (FMLA) entitles eligible employees of covered employers to take unpaid, job-protected leave for specified family and medical reasons. Of course, other “restrictions” apply but a court recently decided there are no geographical restrictions to FMLA. read more »
Facebook celebrated its 10th anniversary on February 4th. While employers have not been battling what their employees post on the social media site the entire ten years of its existence, they certainly have been for the last several. Courts are starting to provide more direction in what employees can and cannot post on public sites. read more »
On October 1, 2014, ICD-10 code sets will replace ICD-9 code sets for reporting diagnoses and inpatient procedures. CMS has announced a national testing week for current direct submitters (providers and clearinghouses) from March 3 through March 7, 2014. During this week, trading partners will have access to the Medicare Administrative Contractor’s and Common Electronic Data Interchange for testing with real-time help desk support. The testing event will be conducted virtually. Registration is required in order to participate in the testing event. read more »
Under the Affordable Care Act (ACA), beginning in 2013, taxpayers with FICA wages over $200,000 per year ($250,000 for joint filers and $125,000 for married filing separately) had to pay an additional 0.9% Medicare tax on the excess earnings. read more »