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



Is Your Health and Welfare Plan Compliant?

June 19th, 2017

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. The due date to file your IRS From 5500 is July 31 for calendar year plans.  Read BASIC’s White Paper covering 5500 Filings.  The

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Payroll and Tax Issues in Healthcare Companies

June 19th, 2017

Healthcare companies are faced with some of the most complex and most difficult to optimize payroll and tax-related processes of all companies. The diversity of the workforce, the industry-specific overtime needs of these companies and many other difficulties, all call for special payroll management practices. It’s true that the basic principles of payment calculation are

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New Limits on HSA’s & BASIC’s New HSA@AnyBank Service

June 19th, 2017

The IRS has recently issued Revenue Procedure 2017-37, which provides 2018 HSA contribution and coverage limits. For 2017 HSA’s, the limits have changed not just for contributions but for both self and family coverage as well. HSAs are a great way for employers and employees to control cost while still providing a rich benefits package. HSAs

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Why Switching Payroll Companies Mid-Year is Easy

May 18th, 2017

Are You Having Payroll Problems? As an employer, nothing can be more frustrating.  Lack of expertise and poor customer service are the main reasons employers look to make a payroll provider change. Luckily for you, change doesn’t have to come the first of the year. At BASIC, we pride ourselves on helping employers needing to

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More than Just FMLA

May 18th, 2017

Paid FMLA, STD, ADA, RTW. Perhaps you have heard these acronyms thrown around the HR world or maybe you deal with them yourself. Often times, if employers struggle with one, the others seem to lag not far behind. This is where BASIC comes in. We provide more than just FMLA administration. In fact, we have

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Arizona Proposition 206: Minimum Wage Increase and Paid Sick Leave

May 4th, 2017

On November 8, 2016, Arizona voters passed Proposition 206, the Fair Wages and Health Families Act (the “Act”). This Act established new minimum wage requirements in Arizona along with imposing new paid sick time requirements on employers. Increased Minimum Wage The Act increased Arizona’s minimum wage, which was $8.05 in 2016. Any employer that was

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Avoiding Costly COBRA Mistakes

April 21st, 2017

In the world of HR, acronyms pervade. COBRA is just one of the many acronyms that employers need to be familiar with. COBRA stands for Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). This act protects employees who have quit their jobs, lost their jobs, or had their hours reduced, from losing their health insurance

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Introducing BASIC’s HSA@AnyBank

April 21st, 2017

BASIC is excited to announce a new option for our HSA Administration, HSA@AnyBank! When we say Any Bank we mean any bank. If an employer has 50 employees, they can EACH choose a different bank for their HSA Account. This could be a bank or financial institution where they already have an existing HSA Account,

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Form W-2/SSN Data Theft: Information for Businesses and Payroll Service Providers

April 10th, 2017

Form W-2/SSN Data Theft: Information for Businesses and Payroll Service Providers As the Internal Revenue Service, the state tax agencies and the tax industry make progress combatting identity theft, cybercriminals need more data to impersonate real taxpayers and file fraudulent returns for refunds. Currently, a particularly dangerous email scam is circulating. Here’s how it works:

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Streamlined FMLA Tracking & Technology

March 31st, 2017

BASIC is proud to announce the new version release of our proprietary FMLA and Absence Management dashboard. With FMLA abuse and absenteeism on the rise, many employers are grasping for a solution that fits their unique needs but also helps to simplify the administrative burden and relieve the pressure off of their staff. With our

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