New Jersey Administrative Code
Title 10 - HUMAN SERVICES
Chapter 142 - PERSONAL PREFERENCE PROGRAM
Subchapter 7 - VENDOR FISCAL EMPLOYER AGENT (VF/EA)
Section 10:142-7.1 - Responsibilities of the VF/EA
Universal Citation: NJ Admin Code 10:142-7.1
Current through Register Vol. 56, No. 18, September 16, 2024
(a) The VF/EA shall be an agency under contract with the Division that shall serve as a business agent as defined in Section 3504 of the IRS Code and Revenue Procedure 70-6f, for all participants of the program.
(b) The VF/EA shall perform the following financial administration functions, at a minimum:
1. Assist participants to enroll as the "common-law" employer for program
purposes and grant rights permitting budget authority and employer authority;
2. Assist participants in establishing and maintaining a bank account for
the purpose of payroll distribution and program related expenses;
3. Develop and implement a system for documenting participant's cash
allocation determination and tracking receipt and disbursement of funds and any remaining balances;
4. Perform bookkeeping services for participants;
5. Process forms as required by the Internal Revenue Service (IRS), the New
Jersey Department of the Treasury, and/or the New Jersey Department of Labor and Workforce Development, to
establish and maintain each program participant as a business entity;
6. Review and process required employment information for workers employed
by program participants;
7. Withhold and pay all applicable
business taxes for participants;
8. Withhold and pay all
applicable employment taxes for workers employed by participants;
9. Review worker timesheets, to assure accuracy and compliance with the
CMP;
10. Issue payments to vendors and service providers pursuant
to the CMP;
11. Assist participants in obtaining and retaining
workers' compensation coverage in accordance with State and Federal law, including prepayment prior to
enrollment;
12. Prepare and issue reports as required by the IRS
or New Jersey Department of Labor and Workforce Development, and share copies with participants (and
representatives, as appropriate); and
13. Function as a payroll
agent for workers employed by program participants, and perform the following tasks that include, but are not
limited to:
i. Issuing paychecks to employees hired by consumers;
ii. Processing unemployment, New Jersey State Temporary Disability, and
Family Medical Leave Act (FMLA) claims; and
iii. Issuing
employment and wage verification letters.
(c) In the event an applicant withdraws from enrollment in the program, following the payment of workers' compensation insurance pursuant to (b)11 above, the VF/EA may take action, to obtain reimbursement for expenses incurred in accordance with N.J.A.C. 10:142-2.2(d)1 and 2.
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