As we approach year end, employers should give some thought to reviewing their PTO policies for the coming year. One of the most common tax traps that we see is employers offering employees the right to cash out their PTO....more
The US Department of Labor and Internal Revenue Service published temporary rules that extend certain deadlines under ERISA and the Internal Revenue Code applicable to retirement plans, group health plans, and other welfare...more
In the wee hours of December 2019, Congress revived the PCORI fee and filing obligations of employer sponsors of self-insured group health plans.
In accordance with the requirements of the Affordable Care Act, employer...more
3/5/2020
/ Affordable Care Act ,
Appropriations Bill ,
Consolidated Appropriations Act (CAA) ,
Employee Benefits ,
Employer Group Health Plans ,
Fees ,
Form 720 ,
Health Insurance ,
Health Plan Sponsors ,
IRS ,
PCORI ,
Self-Insured Health Plans ,
Tax Extenders ,
Tax Planning
The Internal Revenue Service has extended the due date for providing the 2019 Form 1095-C (applicable to large employers as explained below) and the Form 1095-B (generally applicable to insurance carriers) to participants...more
If you believe your company was subject to the Affordable Care Act (ACA) coverage requirements in 2015 (generally, all employers with 50 full-time or full-time equivalent employees), please take note that the Internal Revenue...more
5/16/2018
/ Affordable Care Act ,
Employee Benefits ,
Employer Liability Issues ,
Employer Mandates ,
Form 1094 ,
Former Employee ,
Income Taxes ,
IRS ,
lia ,
Reporting Requirements ,
Shared Responsibility Rule ,
Tax Penalties