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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose. |
The Department of
Labor recently issued final rules that will
increase the civil penalties assessed to
employers for violating various federal laws. The
higher penalties are part of a law passed last
year and are scheduled to begin with those
assessed after August 1, 2016. This article
explains why the penalties are increasing and
some of the new amounts.
As of July
1, the maximum fine employers could face if they
fail to possess and properly display required
posters has jumped from $210 to $525. The posters
explain employee rights under federal law
regarding workplace discrimination, and they must
be posted conspicuously. The significant increase
of fines suggests it might be time for a
refresher course on posting rules.
Unemployment
costs your organization money nearly every
minute of every day. So you want to keep your
state unemployment tax rate on the low side. How?
Here are some practices that could help reduce
your exposure to rising unemployment
expenses.201 E Fourth St Suite 710 Cincinnati, OH 45202