Alerts

February 22, 2017 | IRS to Continue Accepting Tax Returns without Indication of Health Insurance | Read Full Article
The IRS has announced that it will continue to process tax filings of individuals whose returns do not indicate whether they have maintained health insurance as required under the Affordable Care Act (ACA). The announcement is in direct response to the President's January executive order to ease the ACA's economic and regulatory burdens.
January 24, 2017 | President Trump Issues Executive Order on the Affordable Care Act | Read Full Article
President Trump moved swiftly after taking office on Friday, issuing an Executive Order intended to minimize the economic and regulatory burdens of the Affordable Care Act ("ACA"). The order is somewhat symbolic and has no immediate effect on employers, many of whom are in the process of complying with the ACA's onerous reporting requirements (Forms 1094 and 1095), which are not rescinded by the order.
February 16, 2017 | Test | Read Full Article
President Trump moved swiftly after taking office on Friday, issuing an Executive Order intended to minimize the economic and regulatory burdens of the Affordable Care Act ("ACA"). The order is somewhat symbolic and has no immediate effect on employers, many of whom are in the process of complying with the ACA's onerous reporting requirements (Forms 1094 and 1095), which are not rescinded by the order.
December 13, 2016 | Congress Passes Law Expanding use of HRAs by Small Employers | Read Full Article
On December 7, 2016, the Senate passed the 21st Century Cures Act ("Cures Act"), an omnibus measure that includes the Small Business Healthcare Relief Act ("Relief Act"), which significantly expands small employers' options for providing health coverage. The Cures Act passed both houses of Congress by a wide margin and the President has indicated that he will sign it into law. Once signed, the law will be effective for plan years beginning on or after January 1, 2017. The Relief Act is Title XVIII of the Cures Act and starts on page 824.
November 28, 2016 | Judge Blocks Overtime Rule Set to Take Effect December 1 | Read Full Article
On Tuesday, November 22 a federal judge issued a nationwide injunction blocking the U.S. Department of Labor ("DOL") from implementing its new overtime rule scheduled to take effect December 1, 2016. The rule would have affected approximately 4 million executive, administrative and professional ("EAP") employees, making them eligible for time-and-a-half pay for all hours worked in excess of 40 per week if their salary is below $913 per week ($47,476 per year). The new threshold would have doubled the current threshold of $455 per week ($23,660 per year).