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As changes continue day by day, we would like to keep you updated on the most relevant and useful information. We hope this email finds you well, and invite you to reach out if there is anything we can help you with.

The content of this newsletter has been selected to best fit your interests and needs. If you think someone else can also benefit from this information, feel free to forward it along!


Originally scheduled for January 31, 2021, the deadline for employers to provide employees with a copy of their 1095-C or 1095-B reporting form has been extended to March 2, 2021. The notice also provides relief from section penalties for certain aspects of the 2020 information-reporting requirements as an act of "good-faith efforts".


Employers that prefer to distribute the forms alongside the W-2 tax forms by January 31 are still welcome to do so as originally planned. The IRS has announced it will not grant an additional extension beyond this deadline for distributing forms, and encouraged employers to send the forms to employees as soon as possible.

DOES YOUR STATE HAVE AN ACA INDIVIDUAL MANDATE?

⬅️ CLICK A STATE TO VIEW ITS LAW!

As of January 2020, a total of six states hold mandates requiring residents to have qualifying health insurance coverage, an exemption, or pay a penalty when they file their State Tax Return. Individuals who do not have coverage (or an exemption) face a fee when filing their state taxes.
Election Day is November 3, 2020! Depending on where you are located, your employees may or may not have the right to take time off to vote. In some states, the law sets a specific amount of time that workers must be allowed off to vote. If an employer keeps workers from exercising their right to vote, there may be resulting penalties. In Arizona, Missouri, and Kansas - for example - supervisors face fines up to $2,500 if they block an employee from voting.

Governor Newsom Signs Bill Immediately Ensuring Access to Paid Sick Leave for Every California Employee
California employees who are exposed or test positive to COVID-19 are now protected by AB 1867, ensuring access to paid sick days for the rest of the 2020 calendar year. This bill includes employers with over 500 employees and public and private employers of first responders and healthcare employees who opted not to cover their employees under federal law.

Entities that were not covered previously, but were contending with one or more of the 10 similar local ordinances in California, will want to determine whether and how their pre-AB 1867 policies and practices hold up, and whether they might need to provide supplemental paid sick leave to workers under the new state law. Read more about the emergency paid sick leave requirements HERE.
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Facebook Continues to Change to Further Assist Your Business
DOES YOUR BUSINESS UTILIZE FACEBOOK?
Yes
No
A recent study shows that 40% of consumers have increased their use of social media and online messaging for product and business recommendations since the start of the pandemic. With this growing need for online business presence, Facebook has created more tools for businesses to utilize on the site. Their newly launched app, Facebook Business Suite, for example, was designed to ease management of business pages across Facebook, Instagram, and Messenger. Creating a one-stop-shop for posting, engaging with customers, etc. allows business accounts to cut down on posting time and reach multiple audiences at once.

Because businesses accounts make up a large portion of Facebook's presence, the company's best interests are to continue helping those entities. Vice President of Small Business at Facebook, Rich Rao, discusses this relationship and changes in a Paychex podcast.

Improve your day-to-day work routine using PayarcHCM's HR Resource Portal. This service includes solutions that can save you time and make compliance (and your job) easier than it’s ever been.

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