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Summary Of Commentary On Current Economic Conditions by Federal Reserve Districts January 2016
The Alpha Group, Inc. is excited to introduce our new Employee of the Month Program! Each month we will be selecting an employee who demonstrates excellent work ethic through productivity and diligence, is timely and loyal, and displays behavior that promotes the needs and goals of the client company while holding to a commitment of quality and professional growth.
Tuesday, 13 October 2015

Massachusetts Sick Leave FAQ

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These FAQs are based upon the Massachusetts Earned Sick Time Law, M.G.L. c. 149, § 148C, and its accompanying regulations, 940 CMR 33.00.
With all the changes to state laws now permitting recreational and medical marijuana use, HR professionals are understandably feeling dazed and confused. There are many questions:
summarizing the key provisions of the Earned Sick Leave Time law which was passed via voter referendum on November 4th.
Employers that already offered paid sick time to employees as of May 1 will be exempted from some provisions of the new voter-approved sick time law that takes effect July 1, Attorney General Maura Healey announced.
Employers everywhere will likely experience some budgetary change to comply, but it’s hard to know exactly what that change will be. At the same time, knowing what may be coming down the pike can only prepare employers more for how to handle the final regulations when they come into effect.
The U.S. Department of the Treasury and the U.S. Internal Revenue Service released final instructions and tax forms for the Affordable Care Act’s information reporting requirements. These requirements apply to employers and health insurers as set out in Internal Revenue Code sections 6055 (Forms 1094-B and 1095-B) and 6056 (Forms 1094-C and 1095-C). The agencies also released final transmission forms that will be used to submit the information to the IRS. The final forms and instructions are largely consistent with draft forms and instructions released last summer. Employers that file at least 250 forms annually are required to file electronically. Instructions for electronic filing of the information remain under development.
Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and other sources.
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