Monthly Archives: January 2018

Standard Mileage Rates for 2018 Are Up

January 17th, 2018

The IRS has issued the 2018 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2018, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 54.5 cents for every mile...

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Reasons for Debit Card Declines at the Merchant Point of Sale

January 17th, 2018

No one expects their benefit debit card for FSA, HRA, and/or HSA to decline when they use it; however, there are many reasons why this can happen. Most Frequent Valid Decline Reasons for the FSA, HRA, and/or HSA Benefit Debit Card: The card has not been activated or has been suspended. The card has no...

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BASIC Appoints Robert Hayes as New President & CEO

January 9th, 2018

Portage, Michigan. – January 8, 2018 – BASIC (Benefit Administrative Services International Corporation) today announced  Robert Hayes will serve as the new President and  Chief Executive Officer, effective January 1, 2018. Hayes  most recently served as Executive Vice President and Partner at BASIC, primarily responsible for the western division (BASIC pacific).  Robert brings more than 15 years...

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