August may have been a relatively quiet month in the employee benefits world but there are still some changes employers should be aware of. View UBA's August 2018 Compliance Recap on our blog now. ...
Do you know how to lower your plan’s audit risk? Plans of any size can be selected for an audit by the IRS and the DOL. Read on to learn more. ...
July's Compliance Recap has been released. Even though it was a relatively quiet month for employee benefits, there are still a few updates employers should be informed about. Continue reading to learn more. ...
Did you forget to submit your Form 5500, or did you submit it late? In this article, Employee Benefits Corporation outlines the options you have....
From UBA Benefits, here is your March 2018 Compliance Recap - everything you need to know that's been happening in the employee benefits world.March was a quiet month in the employee benefits world. The Internal Revenue Service (IRS) released a bulletin that lowered the family contribution...
Don’t Get Tripped Up By The IRS’ Tweak To Health Savings Accounts It’s tax time, and this week I answered questions from readers about the penalty for not having health insurance as well as changes to health savings accounts. I also discuss health insurance coverage options...
Yesterday, the IRS released a bulletin that includes a change impacting contributions to Health Savings Accounts (HSAs). The family maximum HSA contribution limit has decreased from $6,900 to$6,850. This change is effective January 1, 2018 and for the entire 2018 calendar year. The self-only maximum HSA contribution limit has not changed. This...
Recently, the Internal Revenue Service (IRS) issued the instructions for Forms 1094/1095 for the 2017 tax year, announced PCORI fees for 2017-18, and announced cost-of-living adjustments for 2018. The IRS provided additional guidance on leave-based donation programs' tax treatment and released an information letter on...
In this article from our partner, UBA, Danielle Capilla reports on the 2018 Affordability Rate recently released by the IRS. Check it out and stay informed. In spite of the recent efforts by Congress to change or repeal the ACA, its provisions are still in effect....
Did you know that there are many people who still don't believe that they will be hit by tax penalty if they do not have health insurance? Here is an informative article by Timothy Jost from Health Affairs on why everyone should be keeping up with their...