Recent News

With an unlimited number of sources publishing HR related news it can be difficult to keep the facts straight. BASIC strives to deliver simple, easy-to-understand, and timely industry news/updates. From legal advice, regulation updates, and interesting interactive resources – we have you covered!


 Recent News



A Blended Rate for this Year

July 30th, 2011

Published July 2011 The IRS has just announced it increased the standard mileage rate for qualified business drivers for the second half of 2011. The adjustment reflects rising costs at the gas pumps this year. It is accompanied by a hike in the standard mileage rate for medical and job-related moving expenses. (IRS Announcement 2011-40)

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Get More than Mileage Out of Your Vehicles

July 30th, 2011

Published August 2011  Q.  I’m using my personal car in my business. How much can I deduct on my tax return for the car? A. There are two basic ways to write off expenses for business-related travel:   The standard mileage method. This provides a basic deduction for mileage and provides built-in depreciation. For 2011, the

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Common COBRA Compliance Question, Answered

July 27th, 2011

Larry Grudzien July 27, 2011     When any qualified beneficiary (including the covered employee) first becomes entitled to Medicare after electing COBRA coverage, his or her COBRA coverage can be terminated early (i.e., before the end of the maximum coverage period). This rule does not, however, affect the COBRA rights of other qualified beneficiaries in

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HSA Enrollment Reaches 11.4 Million

June 30th, 2011

Larry Grudzien June 20, 2011   A release from America’s Health Insurance Plans: AHIP Urges Policymakers to Prevent Disruption for HSA Policyholders Washington, DC – More than 11.4 million Americans are covered by Health Savings Account (HSA)-eligible insurance plans, a more than 14 percent increase since last year, according to a new census released today by America’s

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Nine Often-asked HR Questions…and Answers

June 1st, 2011

Published June 2011 Do you often feel stumped and confused by all the HR-related issues – and legal traps – that confront you as an employer and manager? You’re not alone. The Employers Resource Association (ERA), based in Ohio, gets more than 8,000 calls each year to its HR Hotline. These questions from HR professionals

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HSAs for 2012

June 1st, 2011

Published June 2011   With Health Savings Accounts (HSAs), individuals and businesses buy less expensive health insurance policies with high deductibles. Contributions to the accounts are made on a pre-tax basis. The money can accumulate year after year tax free, and be withdrawn tax free to pay for a variety of medical expenses such as

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Q&A Employee Retirement Income Security Act of 1974 (ERISA)

June 1st, 2011

Published June 2011 Is there a small employer exception for complying with ERISA? No, virtually every private-sector employer is subject to ERISA  – there is no size exemption  This includes corporations, partnerships, and sole proprietorships   Remember, non-profit organizations are covered as well  However, the plans of governmental employers and of churches are exempt from the

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Employment Law Updates – What employers need to know

May 1st, 2011

Published May 2011 The following is a general overview of some regulatory changes affecting employer HR practices. Significant Supreme Court rulings: In March, 2011 two rulings by the US Supreme Court will have continuing impact on how employers conduct business. The ruling called the “cat’s paw” theory of discrimination was presented.  This ruling states that an employer

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New Rules Expand ADA Disability Protection

May 1st, 2011

May 2011 New rules issued by the Equal Employment Opportunity Commission (EEOC) will expand the number of employees who can claim protection of the Americans with Disabilities Act (ADA). The new rules, authorized by the ADA Amendments (ADAA) passed by Congress in 2008, are effective May 24. The EEOC – in issuing the new rules

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The Arrival of Final ADAAA Regulations

April 1st, 2011

Published April 2011 HRAnswerlink April 4, 2011 On March 24, 2011, the federal Equal Employment Opportunity Commission (EEOC) published its final regulations concerning the Americans with Disabilities Act Amendments Act (ADAAA) that established a broad definition of “disability.” The EEOC also provided new interpretive guidance to address concerns posed when the Act which was passed

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