Following up on changes to flexible spending accounts (FSAs) implemented by the December 2020 budget bill (the Consolidated Appropriations Act, 2021), the IRS provided interpretative guidance of its own in Notice 2021-15. ...more
3/3/2021
/ Cafeteria Plans ,
COBRA ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Employer Group Health Plans ,
Flexible Spending Accounts ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Health Savings Accounts ,
IRS ,
New Guidance ,
Tax Benefits
Employers commonly make payments to former employees for a number of reasons. Two of the more routine payments are those from a non-qualified deferred compensation plan (such as payments from a supplemental executive...more
7/10/2018
/ 1099s ,
401k ,
Deferred Compensation ,
Employee Benefits ,
Employer Group Health Plans ,
Employer Liability Issues ,
FICA Taxes ,
Former Employee ,
Income Taxes ,
IRS ,
Payroll Taxes ,
Retirement ,
Severance Agreements ,
Severance Pay ,
W-2