Payroll Based Journals - What Are the Reporting Requirements?
The Affordable Care Act (ACA) has brought many requirements for employers, from providing healthcare insurance to reporting coverage information to the IRS. Payroll-Based Journal (PBJ) is a result of one of those new employer mandates, and it specifically affects nursing homes and long-term care facilities (including skilled nursing facilities).
Health care businesses with long term caregivers may be looking at a new regulation for how they track their associate's hours. Some folks may be thinking payroll when they should really be thinking timekeeping. Paycor has the cure.