New IRS Q&As on ACA Reporting by Large Employers: Guidance Addresses Forms...
Under the Affordable Care Act, applicable large employers (generally those with 50 or more full-time employees, including full-time equivalents) will be required to report information to the IRS and to...
View ArticleDOL Releases New FMLA Forms
The U.S. Department of Labor (DOL) recently released new forms for employers to use in connection with leave taken by their employees under the federal Family and Medical Leave Act (FMLA). While...
View ArticleCompliance Reminder: Health Care Reform’s PCORI Fee Due by July 31, 2015
I want to provide you with a reminder about the upcoming PCORI (Patient-Centered Outcomes Research Trust Fund) Fee deadline, which is a requirement under the Affordable Care Act. It is a fee on issuers...
View ArticleImportant Updates on the Earned Sick Time Law in Massachusetts
On June 10, 2015, the Massachusetts Attorney General’s Office issued two important items regarding the new Massachusetts Earned Sick Time law — an amended safe harbor and a workplace notice. The law,...
View ArticleFinal Rules Revise Summary of Benefits and Coverage (SBC) Requirements
On June 16, 2015, final regulations were published on the Summary of Benefits and Coverage (SBC) requirement under the Affordable Care Act (ACA). The ACA established a penalty of up to $1,000 for each...
View ArticleHealth Care Reform News: IRS Releases 2015 Draft Forms for Employer Reporting...
On June 16, 2015, the Internal Revenue Service (IRS) released draft forms for 2015 to help employers prepare for the new information reporting provisions under the Affordable Care Act (ACA). Certain...
View ArticleMassachusetts Earned Sick Time Law: Final Regulations and Employee Notice
The Massachusetts Attorney General’s Office has issued the final regulations and corresponding employee notice for the Massachusetts Earned Sick Time Law, which goes into effect on July 1, 2015....
View ArticleNew Law Increases Affordable Care Act Information Reporting Penalties
As the deadlines regarding the employer reporting requirements under the Affordable Care Act draw closer, a new law has increased the penalties that companies may face for non-compliance. Here is how...
View ArticleDOL Proposes Changes to FLSA White Collar Exemption Rules
The U.S. Department of Labor (DOL) has issued a proposed rule to modify the “white collar exemptions” provided by the Fair Labor Standards Act (FLSA). The white collar exemptions are minimum wage and...
View ArticleACA Reporting: Important Information for Employers That Plan to File Directly
As the deadline for meeting the employer reporting requirements under the Affordable Care Act draws closer, it’s critical that employers take steps to ensure that they will be ready to file Form 1094-C...
View ArticleIRS Issues Additional Guidance on Cadillac Tax Implementation
Beginning in 2018, the Affordable Care Act (ACA) imposes a 40 percent excise tax on high-cost group health coverage, also known as the “Cadillac tax.” On July 30, 2015, the IRS issued additional...
View ArticleIRS Releases 2015 Draft Instructions for Affordable Care Act Reporting: Forms...
The IRS has released 2015 Draft Instructions for Forms 1094-C and 1095-C (as well as Forms 1094-B and 1095-B), which may help many employers prepare for the new information reporting provisions under...
View ArticleMassachusetts Companies with 51-100 Employees Get Transition Period for...
Massachusetts employers received good news recently regarding health insurance. Governor Baker announced that the Massachusetts Division of Insurance will implement a transitional relief policy...
View ArticleAvoiding Employee Misclassification Under the Fair Labor Standards Act
As an increasing number of U.S. workplaces are restructuring their business organizations, this has created a higher risk of misclassifying employees as independent contractors. This is an important...
View ArticleNew Animated Employee Video: Understanding the Individual Mandate
To help our clients with their employee communication efforts, we are happy to announce that there is a new animated video available within our CBGconnect portal. This latest video is part of the “Know...
View ArticleSeptember 2015: HR Brief Newsletter: Worker Classification, Pay or Play and...
We’re happy to report that our clients may now download the September 2015 edition of the HR Brief newsletter. This monthly newsletter provides a brief overview of key, timely topics that may impact...
View ArticleMedicare Part D Creditable Coverage Notices Due Prior to October 15th
Does your organization sponsor a group health plan that includes prescription drug coverage? If so, please take note of the upcoming compliance deadline regarding Medicare Part D Creditable Coverage...
View ArticleACA News: Final IRS Forms and Instructions Issued for 2015 Employer Reporting...
On September 17th, 2015, the IRS released finalized forms and instructions for 2015 to help employers prepare for compliance with the new information reporting provisions under the Affordable Care Act...
View ArticleWebinar Recording: ACA and Cash for Health Insurance Premium Payments
Under the Affordable Care Act, employer payment plans and certain other employer health care arrangements are considered group health plans that do not comply with many of the ACA’s key market reforms....
View ArticleIRS Announces Retirement Plan Limits for 2016
The IRS has announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016. Here are a few key points to note regarding the...
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