News and Updates
Category: Reporting
June 2022 Legal Update: ADA, IRS, EEOC and FLSA
IRS Mileage Change Earlier this month, the IRS announced that mileage rates for the last half of 2022 would be increasing $0.04 per mile, in response to the rising costs of fuel. Businesses should update their expense forms and software prior to Friday, July 1, 2022, when the new rates take effect. The standard mileage for business travel will increase to $0.625, and the rate for eligible medical or moving expenses will increase to $0.22. The rate for mileage incurred during service to a charitable organization ($0.14) is unchanged, as it’s determined by a different statute. Most light-duty vehicles get around 25 miles to the gallon, so at $0.04 per mile, reimbursement is roughly one dollar per gallon. The IRs usually sets rates in the fall for the coming tax year. Mid-year changes are fairly rare, and we haven’t seen one since 2011. We’ll keep you updated toward the end of this year when rates are updated again for the 2023 tax year. ADA Lawsuits Increase ADA lawsuits have been on the rise for the last several years, and they’re showing no sign of slowing down. The Americans with Disabilities Act (ADA) was intended to make things easier for people with disabilities. Sometimes it’s produced other outcomes, like disabled candidates getting fewer offers because employers are worried that the accommodations will be too difficult or expensive to meet. Typically, they aren’t – and remember, the requests have to be
Preparing for True Up Following an Unprecedented Year
Starting July 1st, 2020, the BWC reduced every employer’s payroll by 20%. They did so under the assumption that all employers experienced slow-downs, lay-offs and closures during the initial impact of COVID-19 on Ohio businesses. However, they did not confirm these reductions with policyholders – and we know that not all businesses experienced a decrease. This reduction might result in an unexpected True Up balance July. True Up is a process required by Ohio BWC at the end of each policy year, where your premiums based on projected payroll are balanced with premiums based on your actual payroll for the past year. Compliance with both the reporting and payment of any balances affects your company’s eligibility for most savings programs. If your actual payroll was higher than projected, you will be expected to pay that balance to Ohio BWC no later than August 15th. If you are unable to pay the lump sum at that time, please note that any future premium installments will first be applied to your delinquent True Up Balance before being applied to your premium installments. Payment plans for True Up balances are only available through the Ohio Attorney General’s office following an application process. With the final installments for the 2020-2021 policy year being billed any day now, it is unlikely that you have time to make adjustments prior to the end of the policy year on 6/30/21. However, you can run a mock True Up based on
