BBB: New Year, New Laws

-


You may be affected by one of the 235 new laws this year. One of the most significant for small business is expense reimbursement for employees. There has been an amendment to the Wage Payment and Collections act that now requires employers to reimburse employees for "all necessary expenditures that are incurred by the employee" and that are "directly related to services performed for the employer". Necessary expenditures are defined as expenses "required" of an employee in the discharge of his or her duties.

This is aimed at the use of personal computers, phones, and home internet that is required to use for work purpose. The statute is unclear how it will be applied at this time and how "required" will be defined. California's law appears to be the precedent at this time. What is most important is to have a written reimbursement and expense policy in consultation with your attorney as you will not be responsible for more than is written in your policy.

Comments

Post a Comment

Popular posts from this blog

Illinois Chamber, Government Affairs Report

-
Image
          GOVERNMENT AFFAIRS ------------ Report     July 12th, 2024    This Week in Illinois   President & CEO Sandoval Testifies in Senate Transportation Committee Hearing on Mass Transit and the Economy   On Tuesday, the first of at least six hearings on public transit was held at the Bilandic Building in Chicago. There is an anticipated funding gap that will arise for regional transit in 2026 after COVID-related federal funding has been exhausted. The budget deficit is projected to be $730 million to return to pre-pandemic service levels. This first Senate Transportation Committee hearing was on how transit suppor...
Read more

Local High School to Win a SMART Board in 5th Annual Recycle Your Style Contest

-
Goodwill of Central Illinois will hold the 5th Annual Recycle Your Style Contest. High school students within Goodwill’s territory are encouraged to donate their used clothing. The high school that donates the most pounds of clothing will win a SMART Board donated by Bradfield’s Computer Supply. The contest runs from October 1st through October 31st. “This has been a very successful campaign for us,” said Bob Parkhurst, Goodwill Vice President. “We are grateful for Bradfield’s Computer Supply’s donation of a SMART Board each year. That prize really heats up the competition among the high schools.” Donations of items other than clothing are encouraged, but only clothing will count toward the contest. Only high schools are eligible, but others can participate including teachers, family and school supporters. Donors need to tell the Goodwill donation attendant which high school they are supporting for their donation to be counted. Donations can be made at any of Goodwill’s nine stores o...
Read more