by Muzaffar | Nov 16, 2017 | Human Resources, News and Updates
Human resources departments and professionals have a wide variety of responsibilities. With ever-changing work demographics and increasing reliance on technology, the HR industry must also be adaptable to these new developments as a matter of keeping staff happy and...
by Muzaffar | Nov 10, 2017 | News and Updates
On Oct. 19, the Internal Revenue Service increased the limit for health flexible spending accounts by $50 to a total of $2,650 for 2018. The change was noted in Revenue Procedure 2017-58 and was a result of a 2.2 percent raise in the 12 month cost-of-living...
by Muzaffar | Oct 20, 2017 | Human Resource Regulations, News and Updates
On Oct. 13, the IRS enacted a reversal of a new policy change regarding compliance with the Affordable Care Act. In the reversal, the IRS stated it will no longer accept electronically submitted tax returns "until the taxpayer indicates whether they had coverage,...
by Muzaffar | Oct 18, 2017 | Group Health Benefits, Human Resource Regulations, News and Updates
With the Affordable Care Act compliance season approaching, the Internal Revenue Service recently released its final forms for guidance with the ACA. ACA compliance is mandated by the U.S. federal government, making knowledge and use of these forms essential for human...
by Muzaffar | Aug 4, 2017 | News and Updates
At about 2 a.m. on Friday, July 28, the U.S. Senate voted against repealing the Affordable Care Act and replacing it with what was called a skinny repeal. This latest defeat was a major setback for the Republican-led body and President Donald Trump's agenda....
by Muzaffar | Jul 28, 2017 | News and Updates
Companies that offer self-insured health plans and commercial group health insurance providers are required to pay the Patient-Centered Outcomes Research Institute fee on an annual basis. Due July 31, 2017, the cost of the expense is $2.26 per coverage enrollee...
