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



Outsourcing Doesn’t Always Mean China

May 1st, 2010

Published May 2010 Most people associate something negative or unprincipled with the word “outsourcing”. The common misconception is that Americans are losing jobs to foreign workers in other countries. While this may be true in some cases, outsourcing can also be a great way for businesses to reduce costs and improve service quality while gaining

Read more

COBRA Subsidy Extended Through May 31st

May 1st, 2010

Published May 2010 Congress recently passed the Continuing Extension Act of 2010 which approved an extension for the COBRA Subsidy for the third time. Individuals who are involuntarily terminated on or before May 31, 2010 are now eligible for the subsidy which covers 65% of the cost of COBRA coverage. Without the extension, employees who

Read more

Answers For Two Common FMLA Questions (Free Webinar Inside)

April 1st, 2010

Published April 2010 The Family Medical Leave Act (FMLA) can be, at best, a time consuming process to administer. Most of the time, it is confusing to the point of frustration. Employers often contact BASIC seeking ways to reduce their growing frustration with the FMLA. The following are a couple examples of concerns presented by

Read more

Flexible Spending Accounts: Often Forgotten And Misunderstood Eligible And Ineligible Items

April 1st, 2010

Published April 2010 IRS regulations govern the eligibility of reimbursable items and we realize these rules can be confusing at times. As Flex Administrators, BASIC helps ensure that your Flex plan stays within these regulations. This is even more important now that President Obama has increased the budget for fraud and abuse investigations by 50%

Read more

Use Zix To Encrypt Private Information In Email (Zix Discount Inside)

April 1st, 2010

Published April 2010 Privacy and security are becoming more important as business is increasingly being conducted online. In an effort to keep costs down for clients, BASIC recently requested a discount to be offered for our clients to increase their ability to use encrypted email communication. Currently, clients can open our emails sent with Zix

Read more

Free Webinar: Understanding The FLSA To Avoid Penalties

March 1st, 2010

Published March 2010 The Fair Labor Standards Act (FLSA) establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in most private and public employment. The FLSA requires employers of covered employees who are not otherwise exempt to pay these employees a minimum wage of not less than $7.25 per hour. The FLSA

Read more

Form 941: Employer Quarterly Federal Tax Return And COBRA Premium Assistance Payments

March 1st, 2010

Published March 2010 The American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law on February 17, 2009 by President Obama. The ARRA allowed for a 65% government subsidy of COBRA premiums for American workers involuntarily terminated from employment. This COBRA subsidy was extended on December 19, 2009 to continue assistance for struggling

Read more

Three Reasons Why BASIC Flex Is Better Than Other FSA Administrators

March 1st, 2010

Published March 2010 Based on feedback from customers and our sales representatives, BASIC has found three main reasons why our Flex Administration is better than other TPA’s service. Plan Compliance Employers appreciate BASIC’s high standards of quality service. BASIC strives to keep every client in compliance with their respective services. One of the most important

Read more

Free Webinar: DOL Releases Final Participant Contribution Regulations

February 1st, 2010

Published February 2010 On January 14, 2010, the U.S. Department of Labor (DOL) published the final regulations in the Federal Register stating when participant contributions become ‘plan assets’ subject to the Employee Retirement Income Security Act of 1974 (ERISA). Participant contributions are considered any amounts that an employer receives from its employees or are withheld

Read more

BASIC Payroll Plus Tax Services And Two Useful Tax Guides

February 1st, 2010

Published February 2010 Tax season is once again upon us. Below are descriptions of many tax related tasks BASIC Payroll provides with its payroll services. While many payroll companies figure their client’s payroll taxes, fewer actually file those taxes for their clients. BASIC goes the extra mile to electronically file all required payroll taxes for

Read more