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LMR & Associates, PLLC

LMR Advisors, LLC


Phone » 734.266.8120

Fax » 734.266.8129

Business Forms & Resources

Required Forms (Retain for 3 Years)

 Required Workplace Posters

Other Resources

Employer Best Practices

> All employees must have a form W-4 on file.
> Employers are required to have forms I-9 on hand for each of their employees. 
    -- Penalties for missing I-9 forms range up to $1,100 per employee. 
    -- Fines for employing undocumented workers reach up to $11,000 per employee. 
> In accordance with the Affordable Care Act, all employers need to provide a Notice of Coverage Options to all new hires, regardless of whether or not the employer offers health care. 
    -- Businesses with over 50 employees are required by law to offer health coverage to their employees.
    -- Fines for noncompliance range up to $2000 per employee (not counting the first 30 employees). 
> LMR highly recommends that businesses provide job descriptions and employee handbooks to their employees to ensure that workplace expectations and policies are clear and well known. 
   -- Job descriptions should outline responsibilities, requirements, and qualifications related to specific positions.
    -- Employee handbooks can outline company values, chain of command, compensation and time-off policies, benefits, and employee conduct expectations.