Category Archives: Government Contractors

IRS Raises FSA Limits, Other Benefits for 2018

By | Fringe Benefit, Government Contractors, Healthcare and Welfare, Hour & Wage, IRS, Uncategorized, Wellness Incentive | No Comments
The IRS just released the 2018 Cost-of-Living Adjustments (COLAs) for a variety of tax-related limits. The changes, as outlined in Revenue Procedure 2017-58, featured several notable adjustments employers should be aware of: Employees will be able to contribute up to $2,650 to a health flexible spending account (FSA), a $50 increase from 2 ... 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 | 2 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

Affordable Care Act Repeal and Replacement Bills: What Could it Mean for ‎Employers and Employees?‎

By | ACA, Affordable Care Act, Government Contractors, Healthcare Reform Blog, Obamacare, PPACA | No Comments
On March 6, 2017, House Republicans introduced two coordinated bills to the Ways and Means Committee and the Energy and Commerce Committee designed to repeal and replace the Affordable Care Act (“ACA”). The bills are collectively referred to as the “American Health Care Act” (which will be referred to hereafter as the “Proposed Legislatio ... Read More

Employers Urged To Continue ACA Compliance Efforts

By | ACA, Affordable Care Act, Compliance, Government Contractors, Obamacare, PPACA, SCA, SCA Compliance, Service Contract Act | No Comments
January came and went, as did the January 27 budget resolution deadline for a report on the Affordable Care Act (ACA) reconciliation. Highlighted by the missed target date is the need for employers to continue compliance efforts until Congressional leadership can materialize legislation. Congressional Republicans emerged late last month from a ... Read More