Askey, Askey & Associates, CPA, LLC, Southern Maryland’s award winning business consulting, accounting, and tax firm is pleased to announce that Jenna Frosio has earned her Certified Public Accountant (CPA) designation. This designation denotes proven proficiency in auditing, financial reporting and tax regulation.
To become a CPA, Jenna passed a rigorous examination administered by the American Institute of Certified Public Accountants (AICPA). She also met specific education and professional requirements, and exemplified the highest moral and ethical standards.
With Askey, Askey & Associates, CPA, LLC, since 2009, Jenna graduated from Salisbury University with a Bachelor of Science Degree in Accounting.
“I am very excited to put my education to work, and all the aspects of accounting with Askey, Askey & Associates, CPA, LLC. It is such an energetic place to work, and I’ve already gained many years of hands-on experience allowing me to use my CPA designation,” stated Jenna.
According to Catherine A. Askey, CPA, CVA, ABV, Managing Partner of Askey, Askey & Associates, CPA, LLC, “We are delighted Jenna earned her CPA designation!” Jenna is an intelligent, capable, new generation CPA, who melds very well into the personality of our firm, and leads by example.”
The New Maryland Healthy Working Families Act passed on February 11, 2018. Since that time, the Maryland Department of Labor, Licensing and Regulation has been working hard to make employers aware of the new requirements the law has for Maryland employers. Askey, Askey & Associates is also committed to understanding the new law and advising our clients on the ways it will affect Maryland employers and their employees. Here are some important things you need to know about the new law.
Employer’s subject to the law:
If an employer employs 15 or more employees, they must provide paid sick and safe leave at the employee’s normal wage rate.
If an employer employs 14 or fewer employees, they must at least provide an employee with unpaid sick and safe leave.
For purposes of the employee count, all part-time, full-time, temporary and seasonal employees are included in the employee count. The employer uses the average monthly employees for the preceding 12-month period to get the employee count.
Exemptions from the law for paid leave:
Amount of leave required by law:
The employer is required to accrue at least one (1) hour of leave for every thirty (30) hours worked. Employers can cap the maximum amount of leave at 40 hours per year. Employers with accrual policies are required to allow employees to roll over up to 40 hours of unused, accrued leave at the end of the year. Employers can cap the amount of sick and safe leave available for use in a calendar year at 64 hours.
Employers who make the full forty (40) hours available at the start of the calendar year are not required to roll over accrued leave.
Employers must begin accruing leave at the date of hire or effective date of the law, whichever is later. Employers can require that employees be employed for 106 calendar days before using the leave.
Existing Sick leave and Vacation leave policies:
If the employer has an existing policy for sick leave and vacation leave that is equal to or greater than the minimum leave required by law, the employer is allowed to combine the leave into a general PTO (paid time off) policy for all paid leave. In this case, the employer would need to revise their leave policies to include the allowable uses of the leave under the new law. Important Note: Employers may already have a policy that provides more than 40 hours of sick and safe leave per year but under the law the accrual may not be fast enough. Employers should check their current accrual rates to be sure they comply with the law.
Absences covered under the new law:
Employers are required to notify their employees of the following:
Employers must keep records of each employee’s earned sick and safe leave accrued and used for at least three (3) years.
State of Maryland Department of Labor, Licensing and Regulation – Frequently Asked Questions (FAQ’s):
Maryland Earned Sick and Safe Leave Employee Notice Poster: