On Wednesday July 17th, the House of Representatives voted to repeal a provision of the Affordable Care Act called the “Cadillac tax” via the Middle Class Health Benefits Tax Repeal Act of 2019 (H.R. 748). Legislators have twice voted to delay the tax, which is set to take effect in 2022. The goal of the […]
Managing FMLA in-house is complicated and full of risk. Overwhelming paperwork and navigating legal requirements can quickly become a headache for any Human Resources department. BASIC illustrates three common FMLA mistakes made by employers and corresponding lawsuits that have followed. 1) Insufficient Communication Employers have a responsibility to provide employees on FMLA leave with clear explanations […]
Who Must File a Form 5500? Plans with more than 100 participants on the first day of the plan year must file a Form 5500 and associated schedules with the Department of Labor (DOL) each year for their health and welfare plans. Such health and welfare benefit plans may include: health, dental, vision, life insurance, […]
As expected, the IRS has published a draft of a radically revised Form W-4, Employee’s Withholding Allowance Certificate. The agency emphasizes this is just a preliminary version, and until further notice, everyone should continue to use the current version. However, human resources departments and payroll managers should take a good look at it now, as it’s […]
Managing FMLA leave in-house is complicated and full of risk. Overwhelming paperwork and navigating legal requirements can quickly become a headache for any Human Resources department. BASIC offers a full range of FMLA Administration services to help companies avoid the most common FMLA mistakes, many of which have serious consequences. Here are some frequent mistakes […]
On June 13, the U.S. Treasury Department, the Department of Labor, and the Department of Health and Human Services issued a final ruling allowing employers of all sizes (that do not offer a group coverage plan) to provide employees with a new kind of health reimbursement arrangement (HRA), known as an individual coverage HRA (ICHRA). Among other […]
Register for the webinar here After registering, you will receive a confirmation email containing information about joining the Compliant Medical and Dependent Care FSA’s webinar. DATE: Wed, Aug 14, 2019 TIME: 2:00 pm EDT to 3:30 pm EDT Request a recording here if you are unable to attend the live session. Medical and Dependent Care Flexible […]
On March 25, 2019, the Centers for Medicare and Medicaid Services (CMS) announced that states may allow grandmothered health plans to continue until Dec. 31, 2020. What’s the history here? Certain health plans that were already in existence when the Affordable Care Act was passed on March 23, 2010, are permitted to stay in force […]
If your remote employees live in the state where your business is located, you must follow federal employment laws plus your state’s employment rules. But if your remote employees live in a different state from where you conduct business, you must comply with federal employment laws plus the labor laws for each state in which […]
