Practical HR Tips, News & Advice. Updated Daily.
Employers and insurers were given an extra month to comply with the upcoming Affordable Care Act (ACA) requirements to furnish 1095-B and –C reports to individuals. The deadline is being moved back from January 31 to March 2, 2017, the Internal Revenue Service (IRS) announced in Notice 2016-70. In addition, the good-faith transition relief that […]
In light of the devastation following Hurricane Matthew, the U.S. Department of Labor (DOL) has announced an update on compliance with employee benefit plan rules under the Employee Retirement Income Security Act (ERISA) for those adversely impacted.
Question: While an employee is out on an approved FMLA leave, can the employee use their medical and/or dependent care FSA money while on leave? If not, what if they are still contributing to the plan?
The Internal Revenue Service (IRS) updated its special per diem rates for the transportation industry, incidental expenses, and the “high-low” substantiation method. These rates, announced September 26 in Notice 2016-58, apply to allowances paid to employees on or after October 1 for travel on or after that date.
By Bridget Miller October is National Disability Employment Awareness Month (NDEAM), and it’s a good time to ensure that your managers are trained to understand of their compliance responsibilities. Guest columnist Bridget Miller explains the facts surrounding NDEAM and what it means for employers.
Help is here for employees who miss their retirement rollover windows.
By Gwen Cofield The 2017 contribution limits for health savings accounts (HSAs), recently announced by the Internal revenue Service (IRS), include a slight adjustment for self-only coverage.
By Jane Meacham The IRS on June 15 released guidance on paying employees from a defined benefit (DB) plan once the participant has entered phased retirement and whether the distributions should be taxed.
In Revenue Procedure 2016-28, the IRS recently announced the 2017 contribution limits for Health Savings Accounts (HSAs):
In recent years, the Internal Revenue Service (IRS) has made a big push to get employers to properly classify employees—they’ve stepped up their audits of organizations who may have improperly classified workers as independent contractors (workers who should have been classified as employees all along).