Texas Employment Law Update

Texas Employment Law Update

A Resource for Texas Employers

Tag Archives: tax

New Tax Law Limits Deductibility of Sexual Harassment and Abuse Settlements Containing Nondisclosure Provisions

Posted in Harassment, News & Commentary
The #Metoo movement and high profile sexual harassment allegations involving prominent Americans has influenced provisions of the new tax reform law.  The Tax Cuts and Jobs Act signed by President Trump on December 20, 2017, limits the deductibility settlements paid on sexual harassment claims where the settlement agreement contains nondisclosure provisions.  Section 13307 of the… Continue Reading

New and Enhanced Tax Credits Available to Employers Hiring Unemployed Veterans

Posted in News & Commentary
Yesterday, the President signed a bill that is good for veterans and employers.  The law provides new and enhanced tax credits for employers hiring veterans.  The law, effective immediately, allows employers to claim certain tax credits for hiring unemployed veterans ($2,400 in the case of a veteran unemployed at least 1 month; $5,600 for a veteran unemployed at least 6… Continue Reading

Lower Your Texas Unemployment Taxes

Posted in Human Resources, Unemployment
In this post I want to outline a series of steps an employer can implement that may decrease its unemployment tax rate and taxes.  The state unemployment tax rate is the only tax rate that an employer can effectively control.  Because the tax rate is calculated over a three year rolling average, it may take a year or two to start… Continue Reading