Archive by month: 2018-1Return
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Yesterday, President Trump signed a bill which will provide funding for the government for an additional three weeks, through February 8, 2018, ending the government shutdown. The bill included a provision delaying the Cadillac Tax until January 1, 2022.
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Categories: Health Care Reform | Tags: Cadillac Tax , CHIP , medical device tax , health insurance tax , government shutdown
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.
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Categories: Benefits in General, Compliance | Tags: IRS , Pub 502 , Medical Expense , Itemized Deduction , FSA , HRA , HSA , 7.5%
The IRS has released IRS Publication 503 and Form 2441 (Child and Dependent Care Expenses) and the accompanying Form 2441 Instructions for the 2017 tax year.
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Categories: Benefits in General, Compliance | Tags: Pub 503 , IRS , Form 2441 , Dependent Care , Child Expense , DCFSA , Dependent Care Tax Credit
In a new recent opinion, a federal court decided to vacate the EEOC's final wellness incentive regulations beginning on January 1, 2019.
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Categories: Benefits in General, Compliance | Tags: wellness , EEOC , regulations , incentives
In response to an October 2017 Executive Order, the Department of Labor recently released proposed rules that would make it easier for small businesses and sole proprietors to band together to purchase and provide health insurance through association health plans.
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Categories: Health Care Reform | Tags: AHP , Association Health Plan , Department of Labor , DOL , Affordable Care Act , ACA , proposed rules , small employers
The Department of Labor (DOL) recently published the Final Rule regarding the DOL Penalties Inflation Adjustment Act Annual Adjustments for 2018 setting forth the inflation-adjusted civil monetary penalties for violations pertaining to health and welfare benefit plans and pension and retirement plans. The 2018 adjustments are effective for penalties assessed after January 2, 2018, with respect to violations occurring after November 2, 2015.
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Categories: Benefits in General, Compliance | Tags: DOL , 2018 , Penalties , Penalty , Violation , Inflation