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From the President
By direction of President Obama, the U.S. Department of Labor recently issued final rules adjusting the minimum wage salaried, exempt employees must make in order to not be eligible for overtime. These regulations affect virtually all employers across the United States, including churches and other faith-based organizations. While there are exceptions, most employers will find that virtually all employees will fall under the new minimum wage rules.
To help you better understand the new rules we have made special arrangements to make available to you a webinar produced by ECFA (see the article below entitled: New Overtime Regulations Affect Business and Nonprofits Alike. (For more information and how to access the webinar see JULY WEBINAR in the right column.)
Another article of special interest this month concerns the issues of personal health care costs. Small employers will be especially interested in this article.
As always, if there is anything we can do to assist you with issues that come up in your ministries we are only a phone call or email away.
Yours in His Service,
New Overtime Regulations Affect Business and Nonprofits Alike
On May 18, 2016, President Obama and Secretary Perez of the U. S. Department of Labor issued a final rule updating federal overtime regulations. The updated rules are expected to extend overtime pay protections to over 4 million workers. This long-anticipated move is part of the President's commitment to ensuring working Americans are better compensated fairly for their work.
Key Provisions of the Final Rule
The Final Rule focuses primarily on updating the salary and compensation levels needed for employees classified under the Executive, Administrative, or Professional worker exemption categories to remain exempt from overtime. Specifically, the Final Rule: (read more)
Assisting Staff with Personal
Healthcare Care Costs
On June 21, 2016 the U.S. House of Representatives passed the bipartisan "Small Business Health Care Relief Bill" (HR 5447) designed to give small businesses, including nonprofits greater flexibility with regards to providing health care for their employees. The bill now heads off to the Senate where it is expect to receive favorable attention since it appears to compliment a similar bill being championed there. (read more)
Violence on Church Campuses
The number of violent episodes on church campus continues to rise and with it the growing debate on what and how churches should prepare themselves to respond. (read more)
Electronic ACA Information Returns Can Continue to Be Filed After June 30, 2016
The IRS has announced that although the June 30, 2016 deadline for filing information returns with the IRS has passed, the ACA Information Returns (AIR) system will remain up and running after the deadline to allow applicable large employers, self-insured employers and other health coverage providers to electronically file Forms 1094-B, 1095-B, 1094-C and 1095-C. This means filers who were not able to submit all required information returns by the June 30 deadline may still complete the filing electronically with the IRS. The IRS said it is aware that some mandatory filers are still in the process of completing their 2015 tax year filings. (read more)
Recently the question was asked as to whether or not an organization operating in California can have a policy that precludes reimbursing employees' expense claims not turned in within a mandated time frame.
While the law may differ from state to state, in California the labor code is very specific on this issue. Section 2802 states: "An employer shall indemnify his or her employee for all necessary expenditures or losses incurred by the employee in direct consequence of the discharge of his or her duties..." (read more)
Mandatory Nevada Poster Updates
Effective July 1, 2016,
Nevada employers are required to post updated posters reflecting changes issued by the Office of the Nevada Labor Commissioner. Even if you purchased a 2016 Nevada poster, this update will require a new poster to remain in compliance.
HRUSA's convenient 27.5" x 26.5" all-in-one poster reflects the updated bulletins:
-The 2016 Annual Minimum Wage Bulletin
-The 2016 Annual Daily Overtime Bulletin
- Notice of Limitations Affecting the Application of Lie Detector Tests
- Rules to Be Observed by Employers
The rates for minimum wage and overtime are the same but the bulletin date changes from 2015 to 2016. The other sections have phone, web address and revision date updates. Through July 15th,CalChamberis offering a 20% discount on updated posters and Preferred and Executive members also get their 20% member discount. Enter priority code NEV20 in your cart to claim your discount.
This information is provided with the understanding that CMA is not rendering tax, accounting, legal, or other professional advice. Professional advice on specific issues should be sought from a qualified CPA, attorney, or other professional.