Archive by category: Benefits in GeneralReturn
RSS
The IRS has published new versions of various publications used by taxpayers to assist them in preparing their 2016 income tax returns.
Read More
Categories: Benefits in General, Compliance | Tags: HSA , IRS , Pub 969 , Form 8889 , Health Savings Account
An IRS Chief Counsel Memorandum released on January 20, 2017, addressed the tax treatment of fixed indemnity health plans.
Read More
Categories: Benefits in General, Compliance | Tags: IRS , Indemnity , Wellness , Tax Exclusion
January 19, 2017, the IRS issued proposed regulations that reflect changes to the definition of dependent under Code §152 and other IRS Code provisions made by the Working Families Tax Relief Act of 2004 (WFTRA) and by the Fostering Connections to Success and Increasing Adoptions Act of 2008 (FCSIAA).
Read More
Categories: Benefits in General, Compliance | Tags: DCFSA , WFTRA , IRS , Qualifying Child , Qualifying Relative , Dependent
The Internal Revenue Service, state tax agencies and the tax industry today renewed their warning about an email scam that uses a corporate officer’s name to request employee Forms W-2 from company payroll or human resources departments.
Read More
Categories: Benefits in General, Compliance | Tags: IRS , Phishing , W-2 , SSN
IRS Notice 2017-16 provides that an HCTC election for a month in 2016 may be made at any time before the expiration of the 3-year statute of limitation under § 6511 for such year, including on an amended income tax return.
Read More
Categories: Benefits in General, Compliance | Tags: HCTC , IRS , Trade Act of 2015 , Tax Credit
The IRS has released IRS Publication 503 and Form 2441 (Child and Dependent Care Expenses) and its accompanying instructions for the 2016 tax year.
Read More
Categories: Benefits in General, Compliance | Tags: IRS , Pub. 503 , Form 2441 , Dependent Care , FSA , Dependent Care Tax Credit , Form 1040
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: Pub. 502 , IRS , Tax , Medical Expense
The DOL recently published a final rule (Final Rule) setting forth the inflation-adjusted civil monetary penalties for violations pertaining to health and welfare benefit plans and pension and retirement plans. The increased amounts apply to penalties assessed after January 13, 2017.
Read More
Categories: Benefits in General, Compliance | Tags: DOL , 2017 , penalties , penalty , violation , inflation
The Department of Labor (DOL), Department of Health and Human Services (DHHS) and the Treasury Department recently issued FAQ guidance regarding HRA integration with non-HRA group health plans. The FAQs expand on existing guidance addressing how the Affordable Care Act’s (ACA) market reforms apply to HRAs.
Read More
Categories: Benefits in General, Health Care Reform, Compliance | Tags: HRA , Health Reimbursement Arrangement , ACA , Affordable Care Act , FAQ , IRS , DOL , HHS , DHHS
The DOL recently finalized regulations regarding the claims procedure for employee benefit plans which provide disability benefits. The final rule largely tracks the proposed rule which came out last year. The final rule strengthens current rules by providing additional procedural protections and safeguards.
Read More
Categories: Benefits in General, Compliance | Tags: disability , claim , DOL
Page 1 of 12FirstPrevious[1]2345NextLast
Location (map)
1350 Deming Way, Ste 300
Middleton, WI 53562-4640

Mail Address
PO Box 44347
Madison, WI 53744-4347