Category Archives: Government Contact

New Tax Law Provisions Affect Employee Benefit Programs

By | ACA, Affordable Care Act, Benefits Administration, FMLA, Government Contact | No Comments
The Tax Cuts and Jobs Act (the “Act”) recently enacted by Congress will soon become effective. The primary focus of the new law is the reduction of corporate and individual income taxes. Nevertheless, a number of provisions of the Act affect employee benefit programs, which are summarized below. Except as otherwise noted, these employee be ... Read More

Guidance For Employer Shared Responsibility Payments Announced

By | ACA, Affordable Care Act, Compliance, Government Contact, Government Contractors, IRS, Play or Pay, PPACA, Uncategorized | No Comments
The IRS has announced new guidance regarding the Employer Shared Responsibility Payments (the "ESRPs"), which are the ACA penalties assessable to “Applicable Large Employers” for failing to provide affordable health care coverage to eligible full-time employees. Although the IRS began collecting information from employers (via the Form 1 ... Read More

DOL Announces Reduced SCA H&W Fringe Benefit Rate for SCA Contracts Governed By New Federal Paid Sick Leave Requirements

By | ACA, Affordable Care Act, Department of Labor, Fringe Benefit, Fringe Rate, Government Contact, Government Contractors, H&W, Healthcare and Welfare, SCA, Service Contract Act, Wage Determination | 3 Comments
On July 25, 2017, the Department of Labor (DOL) released All Agency Memorandum #25 (AAM), which serves as the DOL's annual announcement of the adjustment of the Health & Welfare (H&W) fringe benefit rate for employees working under contracts governed by the Service Contract Act (SCA). The routine aspect of the AAM provides that effective as o ... Read More

Federal Contractor Minimum Wage Rises to $10.20

By | David-Bacon Act, Davis-Bacon, Government Contact, Government Contractors, SCA, Service Contract Act | No Comments
The U.S. Department of Labor has announced that effective January 1, 2017, the minimum wage to be paid to workers performing work on or in connection with Federal contracts covered by Executive Order 13658 will be increased to $10.20 per hour. The increase means that wage determinations under the Service Contract Act and Davis Bacon Act will now ... Read More