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



IRS Issues Interim Guidance on Informational Reporting of Employer-Sponsored Health Coverage; Reporting is Voluntary for All Employers for 2011 and Small Employers for 2012

April 1st, 2011

Published April 2011 WASHINGTON – The Internal Revenue Service today issued interim guidance to employers on informational reporting on each employee’s annual Form W-2 of the cost of the health insurance coverage they sponsor for employees. The IRS is also requesting comments on this interim guidance. The IRS emphasized that this new reporting to employees is

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Employee Retirement Income Security Act (ERISA) Question and Answer

April 1st, 2011

Published April 2011 Are there any exceptions from any health and welfare benefits being considered as an ERISA benefit? Yes. There is a safe harbor under DOL Reg. § 2510.3-1(j) for certain voluntary employee-pay-all” benefits. To qualify for this exemption from ERISA, an employer allows an insurance company to sell voluntary policies to interested employees

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Join our FMLA Blog on LinkedIn

February 1st, 2011

BASIC sponsors a LinkedIn FMLA Blog dedicated to providing an open forum for discussion, advice, claim management, and regulatory update for the FMLA.  The blog is for information exchange exclusive to FMLA with Sales and promotions of services and products restricted.  A labor attorney who is a member of this blog recently wrote “this is becoming one

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Ground-Breaking Social Media Case May Provide Guidance for Employers

February 1st, 2011

Published February 2011 The National Labor Relations Board (NLRB) is championing the cause of the employee who allegedly lost her job because of online postings on a social media Web site. It appears to be the first case of its kind to proceed this far. An administrative law judge is scheduled to hear the case

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Get More than Mileage Out of Your Vehicles

February 1st, 2011

Published February 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,

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“Bridge To Justice”

January 1st, 2011

Published January 2011 The term “Bridge to Justice” comes directly from the Wage and Hour Division of the DOL’s web page for the American Bar Association (ABA) – Approved Attorney Referral Program.  If you have not heard of this program, you are not alone. On November 19, 2010, a joint initiative between the Department of Labor

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Top 5 Employee Handbook Policies To Reface

January 1st, 2011

Published January 2011 Every business should consider providing or updating their company employee handbooks to reflect current trends that are highly relevant in today’s workplace. The perception that employee handbooks are bland stacks of standard policies leads some employers to become static in routines and forget to employ creative and strategic policies that can provide

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IRS Delays Nondiscrimination Healthcare Reform Provisions

January 1st, 2011

Published January 2011 The Internal Revenue Service has announced that they will be delaying the enforcement of the new nondiscrimination provisions applicable to insured group health plans. The Health Care Reform Law requires non-grandfathered insured group health plans to satisfy the requirements of Internal Revenue Code Section 105(h)(2), previously applicable only to self-funded group health

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HR Tips For Non-Compete Agreements

December 1st, 2010

Published December 2010 Many small businesses struggle to determine whether or not non-compete agreements are worthwhile to use. Such agreements are employment contracts designed to restrict an employee’s right to start a competing business across the street or to take your clients, other employees, or even your training with them when joining your competition. Depending

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Feds Relax the Rules on Grandfathered Health Plans

December 1st, 2010

Published December 2010 Under the provisions of the Patient Protection and Affordable Care Act (PPACA), employers who are able to claim grandfathered status have an advantage. That is, they can bypass certain aspects of PPACA, like paying the full cost of preventative care. But in order to retain the grandfathered status of their plans, employers have

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