Social Security and Medicare Tax for 2012

The employer tax rate for social security remains unchanged at 6.2%. On wages paid and tips received before March 1, 2012, the employee tax rate for social security is 4.2%. On wages paid and tips received after February 29, 2012, the employee tax rate for social...

NEP on Recordkeeping

As a reminder, the Occupational Safety and Health Administration (OSHA) launched its “National Emphasis Program (NEP) on Recordkeeping” last year after various studies revealed that many companies were underreporting or incorrectly reporting workplace-related injuries...

Social Security Benefit Increase

On October 19, 2011, the Social Security Administration (SSA) announced the monthly Social Security and Supplemental Security Income (SSI) benefits will increase in 2012. The 3.6 percent cost-of-living adjustment (COLA) will begin with the January 2012 benefit...

OSHA Whistle-Blower Claims

Published in the Federal Register on November 3, 2011, the U.S. Occupational Safety and Health Administration (OSHA) announced Sarbanes-Oxley Act whistle-blower claims may now be filed orally. The final rules revise existing regulations and public comments must be...

IRS Mileage Rate

The Internal Revenue Service (IRS) optional standard mileage rate of 55.5 cents/mile for business miles expires on December 31, 2011. The IRS has not yet announced if the rate will be different in 2012.

OCR Privacy and Security Compliance Audits

The U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR) is responsible for privacy and security enforcement under the Health Insurance Portability and Accountability Act (HIPAA) and the Health Information Technology for Economic and...
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