BASIC is proud to present the newest version of our human capital management solution: HCM 2.0, an integrated all-in-one payroll and human resource system. HCM 2.0 handles all of your human capital management needs in one convenient place, eliminating the stress of forcing incompatible software to integrate. The system includes, but is not limited to: […]
Beginning as soon at the end of 2017, the IRS has stated that they are going to begin enforcement of the Affordable Care Act’s (ACA) employer mandate penalties. The ACA is still the law of the land and the IRS is obligated to enforce this law. According to the IRS’s recently updated Questions and Answers […]
Community In Schools (CIS) Kalamazoo recently interviewed Mike Stoddard, one of BASIC’s founders. Click this link to read the full interview: http://ciskalamazoo.org/mike-stoddard-people-focused/ The interview covers everything from Mike’s role in CIS, his desire to be an American company, to advice for students looking to obtain a job. “Mike has served on the board of Communities In […]
Employer Penalties for Noncompliance with ACA Information Reporting The Affordable Care Act (ACA) requires Applicable Large Employers (ALEs) to report to the IRS whether they offered their full-time employees (and if self-insured, their full-time employees’ dependents) affordable and minimum value coverage in order to satisfy the Employer Mandate. ALEs are subject to penalties for failure […]
BASIC’s Headquarters (Portage, MI) and Arizona offices will be closed on the following dates/times in observance of the Holidays: Friday, November 17 Thursday, November 23 Friday, November 24 Friday, December 8 Friday, December 22 Monday, December 25 Monday, January 1 Closing at 3:00 pm ET Closed Closed Closing at 2:30 pm ET Closed Closed Closed Please […]
With the collapse of the Graham-Cassidy healthcare bill, senate GOP leaders find themselves back at the drawing board in their attempts to repeal the Affordable Care Act. While, technically, a repeal is still possible in 2017, the odds of success are incredibly slim. As a result, compliance with the ACA’s reporting and filing requirements is […]
For many workers, FMLA leave is a necessity, so it’s extremely important that their leave is tracked properly. Two areas employers often encounter difficulty in are calculating the amount of leave an employee is entitled to, and knowing which times can and cannot be counted as FMLA leave. Failure to track properly can be a […]
The IRS has released an annual notice that lists and explains the 2017-2018 special per diem rates for taxpayers to use in substantiating the amount of ordinary and necessary business expenses incurred while traveling away from home. These rates run from Oct. 1, 2017, to Sept. 30, 2018. Specifically covered are: The special transportation industry […]
Work-from-home options are becoming big-ticket items in the battle for work-life balance, but not all offices have the ability to offer this perk. However, some alternatives can help both the employer and the employees. Consider a flexible schedule option. In this scenario, your employees have more control over their work hours but are still required […]
PORTAGE, Mich., Oct. 2, 2017 /PRNewswire/ — BASIC (Benefit Administrative Services International Corporation), the country’s leading provider for third-party employee benefits administration, is pleased to announce the acquisition of COBRA Administration & Health Services, Inc. Established in 1989 and headquartered in Portage, Michigan, BASIC has grown into one of the largest third party administrators in the nation with […]
