Congress passed and President Biden signed the American Rescue Plan Act (ARPA) providing $1.9 trillion in a sweeping COVID-19 relief package. This legislation contains several provisions that directly impact employee benefits and require urgent attention by employers...
The IRS recently began issuing 226J letters proposing 4980H penalties against Applicable Large Employers (ALEs) for the 2018 tax year. As a reminder, the IRS bases these penalty amounts from two sources – health coverage information reported by ALEs on Forms 1094-C...
The chart below summarizes the new state and local health coverage reporting requirements that apply to certain employers for health coverage they provided to their employees during the 2020 calendar year. These requirements are separate and in addition to any Form...
What is the standard for paying an employee after a natural disaster? Below outlines the reduced quarantine options: When the company closes due to inclement weather, non-exempt employees (those who are entitled to overtime) need to be paid only for actual...
DOL Finalizes New Worker Classification Regs The U.S. Department of Labor announced a final rule earlier this month on January 6, 2021, clarifying the standard for employee versus independent contractor status under the Fair Labor Standards Act (FLSA)....
Year-End Appropriations Legislation Includes Many Changes Impacting Group Health Benefit Plans At the end of 2020, Congress passed, and the former President signed a Consolidated Appropriations Act (CAA) that included many provisions impacting employer-sponsored group...
