Entries by Simon Carlson

ACA Individual Mandate Sticking Around in These States

The individual mandate under the Affordable Care Act (ACA) was the cornerstone of much litigation challenging the ACA. In the tax reform legislation passed in December of 2017, Congress reduced the federal individual mandate penalty under the ACA to $0, effective in 2019. Without the mandate, certain states were concerned that enrollment in the exchanges […]

Medical Leave Litigation Risks for Non-Compliant Employers

As more employees go back to work, employers face the tough task of ensuring their medical leave policies and practices are compliant with the new wave of local, state, and federal regulations aimed at helping employees affected by COVID-19. Employers unaware or negligent of the applicable regulation changes are starting to feel the heat from […]

Paperless Pay With ACH: The Perfect Time to Switch?

Employers are involved in countless transactions each month, from delivering employee paychecks to reimbursing COBRA participant premiums. However, due to the COVID-19 pandemic, many employers have suspended check payments entirely. BASIC is happy to provide alternative paperless pay methods via the Automated Clearing House (ACH) Network. ACH is used for all types of electronic payments, […]

IRS Releases Guidance on W-2 Reporting of COVID-19 Related Paid Sick and Family Leave Wages

Family Leave and Paid Sick Wages Reporting On July 9, 2020, the IRS released guidance requiring employers to report employee qualified paid sick and family leave wages provided under the Families First Coronavirus Response Act (FFCRA). View the new IRS guidance here. Guidance Explained The intent of the employer reporting requirement under the notice is […]

Webinar: Peace of Mind COBRA Compliance

DATE: Wed, Aug 05, 2020 TIME: 2:00 pm EDT to 2:30 pm EDT Register for the webinar here After registering, you will receive a confirmation email containing information about joining the webinar. Request a recording here if you are unable to attend the live session. BASIC’s proven expertise ensures consistent compliance that satisfies the requirements of […]