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Certification Requirements Employees

Verrill

IRS Issues Guidance Addressing Matching Contributions on Student Loan Payments

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Section 110 of the SECURE 2.0 Act of 2022 (“SECURE 2.0”) permits employers maintaining a 401(k), 403(b), governmental 457(b), or SIMPLE IRA plan to make matching contributions based on qualified student loan payments...more

Littler

2024 OFCCP Certification Cycle Announced

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In 2022 the Office of Federal Contract Compliance Programs (OFCCP) began requiring that federal contractors and subcontractors subject to the affirmative action requirements of Executive Order 11246 annually certify that they...more

Littler

Certificates of Coverage Necessary for Expatriate Workers to Claim FICA Exemption under Totalization Agreements

Littler on

In an opinion issued on June 20, 2023, the United States Court of Federal Claims reminded taxpayers that they must obtain a certificate of coverage in order to claim an exemption from Social Security and Medicare taxes (FICA)...more

Stinson LLP

OFCCP Contractor Portal Open Until June 29, 2023

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The Office of Federal Contract Compliance Programs' (OFCCP) Contactor Portal is now open until June 29, 2023. Federal contractors and subcontractors (contractors) must certify, on an annual basis, whether they are...more

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