On July 10, 2009, new amendments to the New Jersey Workers’ Compensation Law went into effect. The law imposes severe monetary and injunctive penalties if a covered employer misrepresents any employee as an independent contractor or provides false, incomplete or misleading information concerning its total number of employees. Under these changes, the employer: a) will be deemed guilty of a fourth degree crime; b) will be subject to the Law’s existing monetary penalties which impose a penalty of up … Continue reading Recent Changes to New Jersey's Workers' Compensation Laws
New Employer-Paid NY Payroll Tax
On May 7, 2009, legislation was enacted creating the Metropolitan Commuter Transportation Mobility (MCTM) tax – a new employer-paid payroll tax – as part of a bailout plan for the Metropolitan Transportation Authority (MTA), which manages buses, trains, bridges, and tunnels in New York City and surrounding areas. The MCTM tax is imposed on employers engaged in business within the Metropolitan Commuter Transportation District (MCTD). The MCTD is comprised of 12 counties served by the MTA, which includes New York … Continue reading New Employer-Paid NY Payroll Tax
