The answer: it depends. As the coronavirus (COVID-19) outbreak continues, many may be wondering which items are reimbursable by their Flexible Spending Account (FSA), and it is not always obvious which expenses their Flex plan classifies as eligible. In order to maximize the tax-advantaged savings of your FSA, let’s explore which healthcare related coronavirus expenses […]
On March 16, 2020, the House of Representatives introduced revisions to Families First Coronavirus Response Act (H.R. 6201) aimed at dealing with the coronavirus (COVID-19) pandemic, which adjusts FMLA leave and paid sick leave regulations to help employees during times of emergency. While this legislation is just the House of Representatives’ proposed solution and may be […]
In 2019, New Jersey became the first state to pass legislation (S.1567) that requires employers to offer pre-tax transit benefits to their employees. New Jersey joins cities like San Francisco and New York in the push to mandate transit benefits. The law applies to New Jersey employers with 20 or more employees. Employees are counted […]
When it comes to absence management and dealing with employee illness, injury, or protected leave, choosing not to outsource can seem like the affordable option. However, absence management is often described as a “minefield” for employers and can be one of the most difficult and time-consuming responsibilities a company has. Companies without a sophisticated absence […]
You can view the recording for this webinar here. You can view our entire webinar library here. DATE: Thu, Mar 26, 2020 TIME: 2:00 pm EST to 2:30 pm EST Join us for a brief overview of one of the top ten most popular employee benefits: Flexible Spending Accounts, also called Flex plans, FSA, or […]
You can view the recording for this webinar here. You can view our entire webinar library here. DATE: Wed, Apr 01, 2020 TIME: 2:00 pm EST to 3:30 pm EST I-9 audits are on the rise! In today’s climate, any mistake pertaining to your I-9 process can lead to costly government fines. Compliance is essential. […]
You can view the recording for this webinar at this link. You can view our entire webinar library at this link. DATE: Wed, Mar 18, 2020 TIME: 2:00 pm EST to 3:30 pm EST This ERISA Health and Welfare Plan Compliance webinar will cover: • ERISA Plans and Requirements – Benefits Subject to ERISA and […]
You can view the recording for this webinar here. You can view our entire webinar library here. DATE: Tue, Feb 18, 2020 TIME: 2:00 pm EST to 2:45 pm EST Join us for a discussion and demonstration of our proprietary leave management portal, part of BASIC’s FMLA and Leave Management Administration. Jessica will walk us […]
Applicable Large Employers (employers with at least 50 full time equivalent employees in the previous calendar year) have specific reporting obligations under the Affordable Care Act (ACA) and face sharp financial penalties when those requirements aren’t satisfied. Annual penalties for incorrect or late filing can add up quickly and compound the headaches that come with […]
