New Tax Law Provisions Affect Employee Benefit Programs

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... Read More

December 26, 2017
15 min read

Guidance For Employer Shared Responsibility Payments Announced

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... Read More

November 15, 2017
4 min read

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

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... Read More

August 9, 2017
5 min read

IRS Announces New PCORI Fees for 2017

Employers with self-insured health plans must pay the annual fee by July 31 The annual fee to fund the Patient-Centered Outcomes Research Institute (PCORI), paid by employers that sponsor self-insured... Read More

November 10, 2016
2 min read

Federal Contractor Minimum Wage Rises to $10.20

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... Read More

September 26, 2016
2 min read

Fringe Benefit Rate Requirement for Service Contract Act Remains at $4.27

Please feel free to share your thoughts and/or questions in the comments section of this blog below. The U.S. Department of Labor has released its annual memorandum regarding the rate... Read More

July 29, 2016
3 min read

Labor Secretary Announces Upcoming Paid Leave Mandate For Government Contractors

At a recent roundtable hosted by the U.S. Department of Labor, US Labor Secretary Thomas Perez spoke briefly, applauding national business leaders such as Nestle global CEO Paul Bulcke and... Read More

May 6, 2016
3 min read

The DOL Provides Guidance on How to Coordinate Fringe Benefit Requirements with the Affordable Care Act

Please feel free to share your thoughts and/or questions in the comments section of this blog below. Last week the Department of Labor (DOL) issued an All Agency Memorandum 220... Read More

April 12, 2016
5 min read

DOL Introduces Wage Determination and Job Title Updates

A Blizzard of SCA News Hopefully you spent this year’s blizzard home and warm curled up next to some loved ones in front of a raging fire as it blew... Read More

January 26, 2016
4 min read

President Obama Signs Order Requiring Government Contractors to Pay for Sick Leave

On Monday President Obama signed an executive order forcing companies who contract with the federal government to provide paid sick leave to their employees. The rule change will require firms... Read More

September 7, 2015
2 min read

Rate Increase Announced for SCA Health and Welfare Fringe Benefits

Fringe Benefit Rate Requirement for Service Contract Act Increase to $3.81 The U.S. Department of Labor has released its annual memorandum noting a rate increase for Service Contract Act (SCA)... Read More

June 25, 2013
2 min read