02 Dec Are You Prepared for 2015 ACA Reporting Requirements?
The Employer Shared Responsibility (ESR) provisions under the Affordable Care Act (ACA) go into effect in January 2015. Read more here...
The Employer Shared Responsibility (ESR) provisions under the Affordable Care Act (ACA) go into effect in January 2015. Read more here...
Do you know how many workers you have and whether they are considered employees or Independent Contractors? Stay compliant to avoid employer penalties. Find out more here...
Originally posted November 25, 2014 by Dan Cook on BenefitsPro.com Human resources managers will want to study several new IRS rulings on non-cash benefits to commuting employees. The IRS has delved deeply into various systems for assisting workers with commuting costs with the intention of determining whether these forms...
Not correctly classifying an individual as an employee can lead to an employer being required to pay taxes, such as unemployment tax, that would have been required of the employer if the individual had been correctly classified. Read more here...
Due to cost-of-living adjustments, the IRS made a welcome announcement that, starting in 2015, it will allow people to add a little more to their retirement plans. Read more here...
On September 18, 2014, the Internal Revenue Service (IRS) issued Notice 2014-55 which allows employers to amend their Section 125 plans to recognize several new change in status events. Read more on what this notice means for you an your health plan. ...
As we approach the end of the plan year for most plans, now is a good time for plan administrators and plan sponsors to give their 401(k) plans a quick once over to see if everything is properly in place....
On Aug. 28, the Internal Revenue Service issued draft instructions for Forms 1094-C and 1095-C and Forms 1094-B and 1095-B, which I provided in my July 31 entry. ...
The IRS has released draft instructions for the various Affordable Care Act reporting that will be done for calendar year 2015 and while the instructions provide much needed guidance for employers and insurers, they also confirm the daunting complexity of the reporting task....
The following is a summary of draft forms. Some of this information may change when final forms, and the instructions, are released....