REDW LLC | April 1, 2020
Effective April 1, the Families First Coronavirus Response Act has become law, and new developments are moving quickly. The FFCRA provides employees with paid leave, for coronavirus purposes only, through two new laws... Read more. Read More
Steve Cogan | March 25, 2020
Steve Cogan | March 13, 2020
As public health concerns relating to the Coronavirus continue to grow, I wanted to reach out to our clients and friends to let you know how REDW is monitoring and responding to the situation. Read more. Read More
REDW | August 29, 2019
When a plan sponsor hires a service provider, that organization and its professionals become part of the team operating the client’s retirement plan. Each member of the team is expected to perform a specific task according to what is prescribed in the plan document. But how do you know whether each service provider has effective systems and controls in place to ensure that they are executing their roles correctly? Read more. Read More
REDW | January 3, 2018
In IRS Notice 2018-06, the IRS announced an automatic 30-day extension of the 2018 due date for furnishing 2017 Forms 1095-B (Health Coverage) and 1095-C (Employer-Provided Health Insurance Offer and Coverage). Employers now have until March 2, 2018 to distribute 2017 health coverage information forms to employees. Employees may use this information to determine whether they may claim the premium tax credit on their income tax returns. Read more. Read More
REDW | September 13, 2017
On August 31, 2017, Federal District Court Judge Amos Mazzant overturned the Fair Labor Standards Act (FLSA) Final Overtime Rule that would have doubled the annual salary level to qualify for exemption from overtime from $23,660 to $47,476. The same judge issued an injunction stopping implementation of the final rule nine months ago, and the Trump administration did not challenge the decision. Read more. Read More
REDW | January 5, 2017
If you are an employer, or have clients with Arizona-based employees, you will be affected by the newly passed Proposition 206. Read more. Read More
REDW | December 1, 2016
Employers take note: The preliminary injunction granted on Nov. 22, 2016 by a Federal District Court in Texas is only temporary – not a permanent ruling. The injunction, which blocks the U.S. Department of Labor from implementing and enforcing its recently revised regulations on white collar exemptions to the Fair Labor Standards Act (FLSA), simply prevents the regulations from taking effect on Dec. 1. Read more. Read More
REDW | December 1, 2016
Employers now have an extra month to provide either Form 1095-C or 1095-B under the Affordable Care Act’s employee reporting requirements. The deadline for furnishing 2016 Form 1095-C, or Form 1095-B, if applicable, to employees and individuals is now March 2, 2017 – extended from Jan. 31, 2017. Read more. Read More