COVID-19 is a specific strain of coronavirus that causes respiratory illness…
Read MoreCongress Repeals Affordable Care Act Taxes & 5th Circuit Rules Individual Mandate Unconstitutional
Recently, the Affordable Care Act (ACA) has faced some challenges from both Congress and the U.S. Court of Appeals…
Read MoreIRS Finalizes 2019 Forms 1094 & 1095
The IRS released Forms 1094 and 1095 (and instructions) for the 2019 tax year…
Read MoreThe U.S. Department of Labor Releases Final Rule on “Regular Rate” of Pay Calculations
The U.S. Department of Labor (DOL) recently issued a final ruling regarding “regular rate” of pay calculations that will be effective starting January 15, 2020…
Read MoreIRS Extends ACA Reporting Deadline
The IRS recently announced that it will be extending the filing deadline for 1095 forms for the 2019 plan year…
Read More2020 Benefit Plan Limits
The IRS recently updated the following benefit plan limits for 2020 to adjust for inflation…
Read MoreCalifornia Law Establishes New Notice Requirement for Flexible Spending Accounts
Beginning on January 1, 2020, California employees enrolled in any type of Flexible Spending Account (FSA) must receive notice from their employer regarding deadlines to withdraw funds from their account prior to the end of the plan year…
Read MoreYale University’s Wellness Program Faces Class-Action Lawsuit: Could Your Workplace Wellness Program Be Next?
Yale University employees recently filed a class-action lawsuit alleging that the school’s workplace wellness program violates the Americans with Disabilities Act (ADA) and the Genetic Information Nondiscrimination Act (GINA)…
Read MoreDepartment of Labor Releases New Overtime Rule
The Fair Labor Standards Act (FLSA) is a federal labor law that requires employers to pay “non-exempt” employees overtime pay at 1.5X their hourly rate if they work more than 40 hours in a single workweek…
Read MoreIRS Lowers ACA Affordability Percentage for 2020
The IRS recently announced the ACA affordability percentage for 2020, lowering the percentage from 9.86% to 9.78%…
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