HB Counsel Client Alert “Hey, Wait a Minute (or a Year or Two)! Three ACA Taxes Delayed
Shortly after delivering his year-end news conference on Friday, December 18th, President Obama signed the Consolidated Appropriations Act, 2016. The signing of this $1.1 trillion dollar spending bill delayed three ACA-related taxes: the “Cadillac Tax,”...
Read MoreState Minimum Wage Rates Set to Increase
The minimum wage will rise in a number of states next year. Unless otherwise noted, the following minimum wage rates (per hour) are scheduled to become effective on January 1, 2016: Alaska: $9.75 Arkansas: $8.00 California:...
Read MoreIRS Notice Clarifies Numerous ACA Issues, Including Opt-Out Payments
The IRS has released a 31-page Notice (Click here for 2015-87notice) that provides guidance on the application of the ACA’s market reforms to group health plans and other employer-sponsored arrangements such as health reimbursement arrangements...
Read MoreApplicable Dollar Amount for Calculating PCORI Fee Adjusted for Inflation
The IRS has issued guidance which increases the applicable dollar amount used to determine the Patient-Centered Outcomes Research Institute (PCORI) fee. For plan years ending on or after October 1, 2015 and before October 1,...
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