2016 HSA Deduction Limits Set by IRS
The Internal Revenue Service has announced, in Revenue Procedure 2015-30, the 2016 inflation-adjusted deduction limits for contributions made to health savings accounts (HSAs). The…
COBRA – 4 Best Practices for Managing it Effectively in Your Organization
COBRA stands for the Consolidated Omnibus Budget Reconciliation Act. It is a law that requires health insurance providers to offer continuation coverage to employees…
ACA Reporting Compliance for Multiemployer Plans
The Internal Revenue Service (IRS) has tried to simplify reporting for multiemployer plans and contributing employers. They recently issued the new forms and instructions…
Final Rule Issued on Excepted Benefits
The U.S. Departments of Labor, Health and Human Services, and the Treasury have published final rules to amend the definition of excepted benefits to…
More New Yorkers To Benefit From Pre-Tax Transit Benefits Through The Affordable Transit Act
A new ordinance has been signed into law by New York City Mayor Bill de Blasio – The Affordable Transit Act. Employers in New York…
As PPACA Tax Looms Cadillac Plans Crash
As the tax on Cadillac insurance plans looms closer under the Patient Protection and Affordable Care Act large employers are increasingly putting an end…
Confusion Created By Small Business Health Options Program (SHOP)
The Patient Protection and Affordable Care Act (PPACA) has caused a lot of confusion for all concerned. One area of particular confusion for small…
Congress Extends Dozens of Expired “Temporary” Tax Breaks for 2014 Including Commuting Costs
Congress passed a bill that includes a retroactive extension to January 1, 2014 for commuting costs. The bill now awaits President Obama’s signature, which…
What Employers Need To Do To Prepare For The PPACA Mandate
When the Patient Protection and Affordable Care Act’s (PPACA) employer mandate was delayed, human resources professionals took a breather. Now those HR professionals understand…
FSA Open Enrollment Reminders
Use enrollment season to educate about flexible spending accounts (FSAs) Flexible spending accounts (FSAs) continue to garner significant interest and questions from employees…