Archive by category: Health Care in GeneralReturn
RSS
The IRS has published new versions of various forms and instructions used by taxpayers to assist them in preparing their 2018 income tax returns.
Read More
Categories: Benefits in General, Health Care Reform, Compliance, Health Care in General | Tags: HSA , Health Savings Account , Form 8889 , Schedule 1 , Schedule 4 , Form 1040 , IRS , 2018 tax filing , penalty
The IRS has released the latest version of Publication 502 for use in preparing 2018 tax returns. Taxpayers interested in filing itemized deductions for medical expenses will find the IRS Pub. 502 a useful resource when preparing their federal income tax returns.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: IRS Pub 502 , Publication 502 , Medical Expenses , Itemized Medical Expenses , 2018 Tax Filing
The IRS issued Notice 2019-02, announcing the optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: Medical , Mileage , 2019 limits , Medical Mileage , Business Mileage , Moving Mileage , IRS , IRS Notice 2019-02 , Charitable Mileage
Today the IRS officially announced under Revenue Procedure 2018-57, the 2019 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules, and other tax changes. Included in the announcement is the inflation adjusted 2019 limits for Health Care flexible spending accounts (FSA) under an IRC Section 125 cafeteria plan and the Parking and Transit account limits under and IRC Section 132 Transportation Plan.
Read More
Categories: Benefits in General, Health Care Reform, Compliance, Health Care in General | Tags: Revenue Procedure 2018-57 , Health FSA Limit 2019 , Transportation Plan Limits 2019

Advantages of Stacking Limited Health FSA with HSAs

posted on
Some may think that enrolling in a Health Savings Account (HSA) means that you no longer can or need to participate in a Health Care flexible spending account (FSA) and that is not necessarily true in all circumstances.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: Limited Health Care FSA , HSA , Health Savings Accounts , FSA

Department of Labor Republishes FMLA Forms

posted on
The Department of Labor (DOL) has republished certain FMLA forms with a new expiration date.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: FMLA , Serious Health Condition , FMLA Model Forms

Medicare Part D Notice Deadline Approaching Soon

posted on
Prior to the Medicare Part D annual enrollment period and no later than October 14, 2018, employers that provide prescription drug coverage must provide a notice of creditable or non-creditable coverage to Medicare-eligible individuals.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: Medicare Part D , Creditable Coverage Notice , Medicare , October 14th , CMS , Model Notice
For purposes of the cafeteria plan nondiscrimination testing, the employer will use gross annual compensation which includes all taxable wages the employee receives from the employer, adds back any pre‐tax benefits the employee elects, as well as adds any taxable benefits the employee receives.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: Cafeteria Plan , Nondiscrimination Testing , HCFSA , DCFSA , Flexible Spending Account , FSA , IRS , Annual compensation , Gross Compensation , W-2

Will My HRA Be HSA Compatible in 2019?

posted on
As you approach 2019 and may be considering implementing a high deductible health plan (HDHP) with a Health Savings Account (HSA), now is a good time to begin reviewing your existing Health Reimbursement Arrangement (HRA) to ensure it remains HSA compatible. If you currently have an HRA and an HSA arrangement or you are looking to implement a HSA compatible HRA you will also need to review the plan design details to ensure HSA compatibility.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: HSA , HRA , HSA Compatible , Minimum HDHP Deductible , 2019 limits
If you are looking at implementing a Health Savings Account during this upcoming 2019 open enrollment season, you should carefully review the details of your existing benefit plan(s), in order to identify any issues and make any required modifications in advance when possible to preserve HSA eligibility.
Read More
Categories: Benefits in General, Compliance, Health Care in General | Tags: HSA , Health FSA , HRA , Health Savings Account , Health Care Flexible Spending Accounts , Health Reimbursement Arrangements , HSA Headaches , Disqualifying Coverage , Qualified HDHP , HDHP , Rollover , Grace Period , HSA eligibility
Page 1 of 11FirstPrevious[1]2345NextLast