HR News
Explore the BASIC blog to read about important HR news and other Human Resources topics including regulatory updates, employee benefits discussion, employer tips, and so much more.
HR News & Articles
Enhance Your Employee Benefits Package By Adding a Consumer Driven Account (CDA) by BASIC
DATE: Wed, Nov 02, 2022
TIME: 2:00pm EDT to 2:45 pm EDT
Register…
Proposed Federal Paid Leave – American Families Plan
President Biden's American Family Plan would offer 12 weeks of…
IRS Announces Retirement Plan Limitations for 2015
The Internal Revenue Service and Social Security Administration…
IRS Releases Notice 2014-55 Providing for Additional Election Changes
Provided by Larry Grudzien
On September 18, 2014, the…
Toeing the Fine Line Between Employees and Independent Contractors
Businesses often prefer to treat workers as independent contractors…
Supporting Your Employee HSAs Across Multiple Banks
With the growth of Health Savings Accounts (HSAs) it is quite…
Court: Missing COBRA Notice Led to Hefty Legal Penalties
Just how important are COBRA notices when an employee leaves…
DOs and DON'Ts for Deducting Meals, Entertainment and Travel
If you're claiming a deduction for meals, entertainment,…
Another Employer Headache: The Complexity of ERISA Compliance
The Affordable Care Act (ACA) added to the already overwhelming…
Review of Reporting Requirements under Code Sections 6055 & 6056
In late August 2014, the IRS released instructions for completing…
Are employee assistance programs subject to COBRA?
Provided by Larry Grudzien
Are employee assistance programs…
Supreme Court Weighs in on ESOPs
Employee stock option plans (ESOPs) were conceived to be a "win-win"…
FMLA Enforcement Initiative: Are you ready?
The Department of Labor is extremely busy in launching on-site…
IRS Issues Final Regulations on Small Business Health Credit
Although many payroll and other employment provisions of the…
Plan Sponsors Should Aviod Using Their Payroll Provider as Their 401(k) TPA
I stick to what I know, so I venture very little outside the…
IRS Increases ACA's Affordability Percentages for 2015
On July 24, 2014, the IRS released Revenue Procedure 2014-37…
Hobby Lobby Case Puts the Supreme Court Focus on Religious Bias
As a reminder, in the case involving the Hobby Lobby retail…
Curbing Employee Absence Abuse with BASIC
An employee's ability to sporadically take small increments of…
Supreme Court: Inherited IRAs Don't Qualify for Bankruptcy Exemption
The U.S. Supreme Court has held -- in a unanimous decision --…
IRS Clarifies Its Position on Contributing to Employee Health Coverage
Last year, the IRS spelled out how it would treat employer contributions…
FAQ regarding implementation of the Affordable Care Act
Set out below is an additional Frequently Asked Question (FAQ)…
FAQs Released About FMLA Leave and Same-Sex Spouses
1. Q. What regulatory change is the Department proposing?
A.…
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