Although Florida’s program ended on June 30, 2016, and Louisiana instituted an annual funding and per-project cap, other jurisdictions — such as Kentucky, Mississippi, New Mexico, Ohio, Savannah (Georgia) and the U.S. Virgin Islands — enhanced or created a program. There currently are 34 U.S. states offering a production-incentive program.
Cast & Crew Financial Services provides an end-to-end production-incentive solution to studios and independent producers, including valuation and administration services. Cast & Crew’s The Incentive Program (TIP) guides provide up-to-date information for every available incentive in the U.S. and around the world.
For more information, click here.
REVISED I-9 RELEASED
On November 14, 2016, the U.S. Citizenship and Immigration Services (USCIS) released a new version of Form I-9, Employment Eligibility Verification. Employers must use the new form by January 22, 2017. The previous version, dated March 8, 2013, may be used until then.
PAID FAMILY LEAVE
Employers in San Francisco must provide pay to employees receiving state paid family leave insurance benefits when leave is taken for bonding with a new child. Coverage is phased in based on employer size:
- 50 or more employees (January 1, 2017)
- 35 or more employees (July 1, 2017)
- 20 or more employees (January 1, 2018)
CBAs EXPIRING IN 2017
- Writers (theatrical and television): May 1, 2017
- Directors (film and tape): June 30, 2017
- SAG-AFTRA theatrical: June 30, 2017
- SAG-AFTRA television (includes Exhibit A, Basic Cable Live Action and the CW Supplement): June 30, 2017
- SAG-AFTRA Basic Cable Animation: June 30, 2017
- SAG-AFTRA Television Animation: June 30, 2017
AFFORDABLE CARE ACT
The Affordable Care Act requires that businesses with more than 50 full-time or full-time equivalent employees offer affordable health insurance to at least 95% of their employees, plus dependents up to age 26. Employers that do not follow these requirements will be subject to a penalty. For 2017, health coverage is deemed affordable if the cost to the employee does not exceed 9.69% of the employee’s annual income.
Cast & Crew Open Health offers a seamless solution to your healthcare needs. Check out our award winning, one-of-a-kind multiple employer health plan designed especially for the entertainment industry at www.cc-openhealth.com.
Employers who average 50 or more full-time employees (including full-time equivalent employees) are subject to the ACA employer “shared responsibility” mandate. All employees, union and non-union, are included in determining the number of employees. Subject employers are required to report health insurance coverage offered under their employer-sponsored plans in accordance with Section 6056 of the Internal Revenue Code (IRC).
EVEN IF YOU DID NOT OFFER HEALTH CARE YOU MUST STILL REPORT ON YOUR EMPLOYEES.
Each employer is responsible for its own reporting. There are two forms required to be filed by employers: Forms 1094-C and 1095-C.
Key dates affecting employers, insurers and other providers for 2017 include:
- The due date for furnishing the 2016 Form 1095-C to the employee is extended from January 31, 2017 to March 2, 2017.
- The due date for employers furnishing the 2016 Form 1094-C to the IRS remains February 28, 2017, if not filing electronically. Employers with 250 or more forms must file electronically.
- The due date for employers electronically filing the 2016 Form 1094-C with the IRS remains March 31, 2017.