The Internal Revenue Service (“IRS”) recently issued the 2018 Form 8994 for eligible employers to complete to receive the Employer Credit for Paid Family and Medical Leave (“Employer Credit”). The Employer Credit was signed into law by President Trump on December 22, 2017 as part of the Tax Cuts and Jobs Act. The Employer Credit enables eligible employers to claim …
Massachusetts raises minimum wage and enacts family leave
Massachusetts now joins California, New York and Washington, D.C. as the only states to have both a $15 minimum wage and mandatory paid family and medical leave. It also eliminates some mandatory overtime rules, and gradually phases in over 5 years. If you are a Massachusetts-based employer or have employees there, this is a must read. Click here.