Monthly Archives: March 2010

Free Webinar: Understanding The FLSA To Avoid Penalties

March 1st, 2010

Published March 2010 The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in most private and public employment. The FLSA requires employers of covered employees who are not otherwise exempt to pay these employees a minimum wage of not less than $7.25 per hour. The FLSA...

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Form 941: Employer Quarterly Federal Tax Return And COBRA Premium Assistance Payments

March 1st, 2010

Published March 2010 The American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law on February 17, 2009 by President Obama. The ARRA allowed for a 65% government subsidy of COBRA premiums for American workers involuntarily terminated from employment. This COBRA subsidy was extended on December 19, 2009 to continue assistance for struggling...

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Three Reasons Why BASIC Flex Is Better Than Other FSA Administrators

March 1st, 2010

Published March 2010 Based on feedback from customers and our sales representatives, BASIC has found three main reasons why our Flex Administration is better than other TPA’s service. Plan Compliance Employers appreciate BASIC’s high standards of quality service. BASIC strives to keep every client in compliance with their respective services. One of the most important...

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