The U.S. departments of Health and Human Services, Labor and Treasury have issued a final rule that enables employers of all sizes to fund an additional HRA called the individual coverage HRA (ICHRA). How do ICHRAs work? On a fundamental level, an ICHRA works like any other HRA in that it is funded entirely by […]
You can view the recording for this webinar here. You can view our entire webinar library here. DATE: Tue, Jan 14, 2020 TIME: 2:00 pm EST to 2:30 pm EST On June 13, the U.S. Treasury Department, the Department of Labor, and the Department of Health and Human Services issued final regulations allowing employers of […]
You can view the recording for this webinar here. You can view our entire webinar library here. DATE: Wednesday, February 5th, 2020 TIME: 2:00 pm EST to 3:30 pm EST The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires certain employers to provide former employees and dependents who lose group health benefits with an […]
When: Wednesday, January 8, 2020 Time: 2:00 pm – 3:30 pm EST 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. Affordable Care Act (ACA) expert Joe Aitchison will cover ACA filing requirements […]
Affordable Care Act: ACA Due Date for Funishing Forms Extended On Monday, December 2nd, the IRS announced that is extending the ACA due date for furnishing ACA Forms 1095-B and 1095-C to individuals. Employers must send Form 1095-B and Form 1095-C to applicable individuals by March 2, 2020. This ACA due date was previously on […]
Reduce your compliance risk with BASIC ACA Elevate: 2019 Filing Data DATE: Thu, Dec 05, 2019 TIME: 2:00 pm EST to 2:30 pm EST 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. […]
As healthcare costs continue to rise, employers are finding it more difficult to offer comprehensive benefits packages to their workers without spending a fortune. That’s why so many employers are choosing to offer an HRA plan, a powerful tool for providing cost-effective health benefits. The federal government recently issued a ruling that lets employers offer […]
Below is a list of federal labor laws that typically apply to employers, based on number of employees. The list is not exhaustive and does not include state or local requirements, but it will help get you started. All Employers: Fair Labor Standards Act (FLSA) of 1938. Sets federal minimum wage, overtime, record keeping and […]
As it typically does, the IRS has made inflation adjustments for various tax items for the coming year — 2020. More details can be found in Rev. Proc. 2019-44. Below are the inflation adjustments that apply to a wide range of taxpayers. The standard deduction for married filing jointly rises to $24,800 for tax year 2020, up […]
The IRS has just released instructions and draft Form 1094-C and 1095-C for 2019. View them here: Draft Form 1094-C Draft Form 1095-C Instructions for Form 1094-C and 1095-C From the 2019 Instructions for Forms 1094-C and 1095-C: Purpose of Form Employers with 50 or more full-time employees (including full-time equivalent employees) in the previous […]
