Are you in Compliance for 2015?

Submitted by statecreative on Thu, 01/15/2015 - 20:33
Compliance

Are you in compliance with these 2014 laws?

2015 Mileage Rates

The Internal Revenue Service has announced the 2015 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Beginning on Jan. 1, 2015, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:

  • 57.5 cents per mile for business miles driven
  • 23 cents per mile driven for medical or moving purposes
  • 14 cents per mile driven in service of charitable organizations

The business, medical, and moving expense rates decrease one-half cent from the 2014 rates.  The charitable rate is based on statute.

The standard mileage rate for business is based on an annual study of the fixed and variable costs of operating an automobile. The rate for medical and moving purposes is based on the variable costs.

Taxpayers always have the option of calculating the actual costs of using their vehicle rather than using the standard mileage rates.

A taxpayer may not use the business standard mileage rate for a vehicle after using any depreciation method under the Modified Accelerated Cost Recovery System (MACRS) or after claiming a Section 179 deduction for that vehicle.  In addition, the business standard mileage rate cannot be used for more than four vehicles used simultaneously.

Required California and Federal Employment Notices:

  • (New) Healthy Workplaces/Healthy Families Act of 2014 - Paid Sick Leave
  • Equal Employment Opportunity is THE LAW
  • Notice to Employees (EDD: UI, DI and PFL)
  • California Minimum Wage
  • Federal Minimum Wage
  • Your Rights Under USERRA
  • Safety and Health Protection on the Job (Cal/OSHA)
  • Notice to Employees-Injuries Caused by Work (Division of Workers' Compensation)
  • California Law Prohibits Workplace Discrimination and Harassment (DFEH)
  • Your Rights and Obligations as a Pregnant Employee
  • Family Care and Medical Leave (CFRA Leave) and Pregnancy Disability Leave
  • Employee Rights and Responsibilities Under the Family and Medical Leave Act
  • Whistleblowers are Protected
  • Time Off to Vote
  • Employee Polygraph Protection Act
  • Emergency Contacts
  • Payday Notice

Required Pamphlets

Minimum Wage Increase By State

For more information on 2015 compliance laws, contact Heffernan Insurance Brokers today.