IRS Issues Regulations Regarding Affordable Care Act Reporting Requirements

The Affordable Care Act established two new IRS reporting requirements regarding group health coverage offered to employees. Each new reporting rule requires a detailed report to be filed each year... Read More

May 5, 2014
12 min read

Key Provisions of IRS Final Play-or-Pay Regulations

Employee Designations Factors to Establish Full-Time Employee Status A new employee must be treated as a full-time employee for play-or-pay purposes if it is reasonable to assume that the employee... Read More

March 21, 2014
13 min read

Health Insurance Mandate Delayed For Medium-Sized Employers

Obama Administration delays health insurance mandate for medium-sized employers For the second time since last year, the White House is giving certain employers a grace period before they must offer... Read More

February 12, 2014
2 min read

IRS Announces Retirement Plan Limitations for 2013

The Internal Revenue Service (IRS) recently announced the annual Cost-of-Living Adjustments (COLA) for retirement plans and related limitations for the 2013 tax year. Several of the following limits have changed... Read More

November 12, 2012
2 min read

Medical Loss Ratio (MLR) Rebates

A key provision of the Patient Protection and Affordable Care Act (PPACA) stipulates that insurance carriers must spend a cetain percentage – 85% on large groups and 80% on small... Read More

April 30, 2012
3 min read

W-2 Health Care Cost of Coverage Reporting Requirements

Beginning in tax year 2012 – and reportable on W-2s issued in early 2013 – employers will be required to provide their employees with the total cost of their group... Read More

April 12, 2012
5 min read

New $2,500 Limit on FSA Contributions Beginning 2013

Under the Patient Protection and Affordable Care Act (PPACA), health care Flexible Spending Accounts (FSAs) will have a newly-imposed $2,500 maximum contribution limit effective January 1, 2013. Maximum contribution limits... Read More

April 4, 2012
3 min read