Happy New Year from your iSeries Software and Support Partner!
All of us at First Option want to thank you for your business, loyalty, and
support in 2018.
May the New Year bring us more wonderful opportunities to work together.
First Option, your iSeries Software and Support Partner
Our year end newsletter highlighted some changes for 2018 and you can read it Here.
Below we have done a quick summary of some 2018 updates.
On the First Option side, we are now offering High Availability and Disaster Recovery services through our partnership with MindSHIFT. This service allows you to achieve your RTO at a minimal cost.
We are also rolling out our outsource marketing support division as of January 2018.
On the IBM front, IBM will no longer provide maintenance for the Power 5 Systems as of January 2019. This is a great time to think about our hosting services as you review your 2018 budget.
Now for some legislation and tax changes:
Regarding 1099's, as of this time, there are no programming changes necessary.
Just a reminder
The Protecting Americans from Tax Hikes (PATH) Act, enacted last December, includes a new deadline for employers filing W-2s. Businesses are now required to file their copies of Form W-2
, submitted to the Social Security Administration, by Jan. 31st.
The new Jan. 31 filing deadline also applies to Form 1099-MISC reporting non-employee compensation.
Final ruling from the Department of Labor regarding the Overtime Rule that was set to take effect December 1st, 2016.
On August 31, 2017 U.S. District Judge Amos Mazzant officially concluded that the FLSA overtime rule is invalid. This decision stemmed from a lawsuit brought forth last year. That lawsuit created a nationwide injunction for all employers blocking the Department of Labor (DOL) from implementing the new exemption rule that was intended to take effect on December 1, 2016.
And lastly, the new tax reform law and what it means to you and your business.