Expert Compliance Insights & Tips for Businesses

November 24, 2020

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DHS Extends Form I-9 Flexibility

On November 18th, 2020, Immigration and Customs Enforcement (ICE) announced an extension of rule flexibilities related to Form I-9 compliance. The initial rule update, announced earlier this year, was set to expire on November 19th, 2020. Due to the continued COVID-19 pandemic, the Department of Homeland Security (DHS) will extend this policy until December 31st, 2020. Background of Original O...

November 23, 2020

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IRS Guidance on PPP Expense Deductions

On November 18th, 2020, the Internal Revenue Service (IRS) issued additional guidance on Paycheck Protection Program (PPP) loans. Created in conjunction with the Treasury Department (Treasury), the guidance addresses the tax treatment of PPP expenses. More specifically, when a loan from the Small Business Administration’s PPP is not forgiven by the end of the year. As part of the guidance, b...

November 19, 2020

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EEOC Recovers Record $535 Million for Discrimination Victims in FY2020

On November 16th, 2020, the U.S. Equal Employment Opportunity Commission (EEOC) released its annual Fiscal Year 2020 Agency Financial Report. According to the report, the agency secured a record $535 million in recovery for victims of discrimination in the workplace during fiscal year 2020, which ended September 30th, 2020. Additionally, the agency also made significant progress in managing pe...

November 17, 2020

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Labor Department Announces Requirements for Pooled Benefit Plans

On November 12th, 2020, the U.S. Department of Labor (DOL) announced a final rule establishing registration requirements for pooled benefit plan providers. The rule implements registration requirements pursuant to the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act). Background of the SECURE Act The SECURE Act amended both the Employee Retirement Income Security ...

November 16, 2020

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Final Rule Restricts Retirement Investment Fiduciary Considerations

On October 30th, 2020, the Department of Labor (DOL) released final rule “Financial Factors in Selecting Plan Investments.” In an earlier proposed rule, the DOL aimed to regulate environmental, social, and corporate governance (ESG) investing by employee benefit plans. These were plans that fall subject to the Employee Retirement Income Security Act (ERISA). In the final rule, however, the DOL ...

November 10, 2020

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OSHA Releases Most Frequently Cited Standards Related to COVID-19

On November 7th, 2020, the U.S. Department of Labor’s (DOL’s) Occupational Safety and Health Administration (OSHA) issued guidance for employers. The guidance included a one-pager created to help employers understand what standards are most frequently cited during coronavirus-related inspections. OSHA based these documents on data from citations recently issued. Many of the findings were the re...

November 10, 2020

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Final Rule to Resolve Discrimination Released

On November 5th, 2020, the Department of Labor’s (DOL’s) Office of Federal Contract Compliance Programs (OFCCP) published a Final Rule titled “Nondiscrimination Obligations of Federal Contractors and Subcontractors: Procedures to Resolve Potential Employment Discrimination.” The announcement of the new final rule comes weeks after the OFCCP launched resources to combat race and sex stereotyping...

November 9, 2020

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Department of Labor Issues Two Wage and Hour Letters

DOL wage & hour

On November 3rd, 2020, the Department of Labor (DOL) released two opinion letters addressing Fair Labor Standards Act (FLSA) compliance. Opinion letters are official written opinions released by the DOL’s Wage and Hour Division (WHD). The letters contain the WHD’s opinion on how the law applies in circumstances presented by the entity sending the request. Opinion Letter on Voluntary Training T...

November 5, 2020

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2021 Income Ranges for Retirement Contributions

On October 26th, 2020, the Internal Revenue Service (IRS) announced specific cost-of-living adjustments for tax year 2021 contributions. This blog post covers the adjustments that affect dollar contribution limitations for pension plans and other retirement-related items. All information is part of the latest IRS guidance Notice 2020-79. The release of Notice 2020-79 comes just weeks after the ...

November 4, 2020

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Flu Season Response Crucial for Workplace Wellness

According to the Centers for Disease Control and Prevention (CDC), seasonal influenza (flu) viruses exist year-round in the U.S. Flu activity begins to increase, however, in October and peaks between December and February. As flu season approaches, the National Conference of State Legislatures (NCSL) has released important information on various state responses to keep individuals healthy. Rec...

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