Health FSA Limit Set to Increase for 2022
The Affordable Care Act (ACA) imposes a dollar limit on employees’ salary reduction contributions to health flexible spending accounts (FSAs) offered under cafeteria plans. This dollar limit is indexed for cost-of-living adjustments and may be...
Read More
Have You Reviewed the Latest IRS ACA Draft Forms?
Draft Forms for 2021 ACA Reporting Released The Internal Revenue Service (IRS) released draft 2021 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056, both of which relate to the Affordable Care...
Read More
New Year’s Compliance Checklist
It’s customary each year to make a list of resolutions—goals to work toward now that you have a clean slate. But it’s just as important not to fall behind on the things you already accomplish,...
Read More
How a Biden Administration Might Impact HR and the Workplace
Each presidential transition brings changes to the HR landscape. When President Donald Trump took office in 2016, he overturned or revised many of his predecessor’s federal regulations, a common trend between administrations of opposing parties....
Read More