careertech-banking-financial-meeting-analysts.jpg
SUBSCRIBE

Employee Benefits

EMPLOYEE BENEFITS

New Employer Tax Credit for Paid Family and Medical Leave

Posted by Mick Rodgers

The Tax Cuts and Jobs Act, which was signed into law on Dec. 22, 2017, creates a new business tax credit for eligible employers that provide paid family and medical leave to their employees. The tax credit, which applies to taxable years beginning in 2018 and 2019, is equal to a percentage of wages paid to qualifying employees who are on family and medical leave.

Read More

5 Ways To Prevent Workplace Harassment

Posted by Mick Rodgers

Harassment is a form of employment discrimination that may violate federal laws like Title VII of the Civil Rights Act, the Age Discrimination in Employment Act and the Americans with Disabilities Act. The Equal Employment Opportunity Commission (EEOC) issued a list of best practices for employers to use in their workplaces to prevent harassment. According to the EEOC, the following five core principles have generally proven effective in preventing and addressing harassment.

Read More

Individual Mandate Penalty Will Be Eliminated In 2019

Posted by Mick Rodgers

OVERVIEW

On Dec. 22, 2017, President Donald Trump signed into law the tax reform bill, called the Tax Cuts and Jobs Act, after it passed both the U.S. Senate and the U.S. House of Representatives.

Read More

Furnishing Deadline Delayed for 2017 ACA Reporting

Posted by Mick Rodgers

On Dec. 22, 2017, the Internal Revenue Service (IRS) issued Notice 2018-06 to:

Read More

DOL Proposes Amendment to Tip Regulations

Posted by Mick Rodgers

On Dec. 5, 2017, the U.S. Department of Labor (DOL) published a proposal to amend current tip-pooling (tip-sharing) regulations under the Fair Labor Standards Act (FLSA).

Read More

2018 Health Plan Compliance Checklist

Posted by Mick Rodgers

With the beginning of the year upon us, we would like to provide you a copy of a document we are asked for, more than any other - The 2018 Annual Health Plan Compliance Checklist 

Read More

DOL Delays New Rules for Disability Benefit Claims

Posted by Mick Rodgers

On Dec. 16, 2016, the Department of Labor (DOL) released a final rule to strengthen the claims and appeals requirements for plans that provide disability benefits and are subject to the Employee Retirement Income Security Act (ERISA). The final rule was scheduled to apply to claims that are filed on or after Jan. 1, 2018. However, on Nov. 24, 2017, the DOL delayed the final rule for 90 days—until April 1, 2018.

Read More

IRS Issues Pay or Play Enforcement Guidance

Posted by Mick Rodgers

On Nov. 2, 2017, the Internal Revenue Service (IRS) updated its Questions and Answers (Q&As) on the employer shared responsibility rules under the Affordable Care Act (ACA) to include information on enforcement.

Read More

Health FSA Limit Will Increase for 2018

Posted by Mick Rodgers

The Affordable Care Act (ACA) imposes a dollar limit on employees’ salary reduction contributions to health flexible spending accounts (FSAs) offered under cafeteria plans. This dollar limit is indexed for cost-of-living adjustments and may be increased each year.

Read More

IRS Benefit Plan Limits for 2018

Posted by Mick Rodgers

On October 19, 2017, the Internal Revenue Service released Notice 2017-64, announcing cost-of-living adjustments (COLAs) that affect contribution limits for retirement plans in 2018.

Read More