2019 Furnishing Deadline Delayed and Additional Transition Relief Granted The IRS has delayed the deadlines by which employers must furnish 2019 Forms 1095-C and 1095-B in early 2020. As a result: Employers with 50 or more full-time employees (including full-time equivalent employees) generally [...]
The IRS announced an increase to flexible spending account (FSA) contribution limits for the 2020 plan year. Individuals can contribute $2,750 in 2020, up $50 from the previous year. Since this announcement came so late in the year, some [...]
Denver officials are considering a minimum wage increase for the first time in 20 years—not because there’s been no appetite for it but because state law prevented it until now. A new Colorado law effective in August lets cities and counties [...]
On September 24, 2019, the United States Department of Labor (“DOL”) announced a Final Rule amending the overtime pay exemption requirements under the Fair Labor Standards Act (“FLSA”). The new Final Rule updates the salary level required for exemption [...]
As the Massachusetts Paid Family and Medical Leave (“PFML”) law enters the first quarter of PFML contributions, the Department of Paid Family and Medical Leave (“DFML”) has released additional guidance on the next steps for employers that have applied [...]
For those companies employing Massachusetts workers, payroll withholdings to fund the leave program established by the Massachusetts Paid Family and Medical Leave Act (PFML) will begin Oct. 1, 2019. The PFML provides eligible employees with paid medical and family [...]
U.S. Senators John Barrasso (R-WY), Tom Carper (D-DE), Shelley Moore Capito (R-WV), and Ben Cardin (D-MD) released the following statements on the committee’s passage of S. 2302, America’s Transportation Infrastructure Act of 2019. The $287 billion infrastructure bill won [...]
Legislation that would end surprise medical billing would save nearly $7.6 billion over the next decade primarily by reducing federal subsidies for healthcare and insurance, the Congressional Budget Office (CBO) recently reported. Senators Lamar Alexander (R-TN) and Patty Murray (D-WA) introduced the [...]
A new IRS notice expands the list of preventive care benefits that may be covered by a high deductible health plan (HDHP) without a deductible, or with a deductible below the minimum deductible for an HDHP. Except for preventive care benefits, [...]
A federal judge on Friday upheld the Trump administration's expansion of health insurance plans that don't meet ObamaCare's coverage requirements. U.S. District Judge Richard Leon in Washington ruled against the insurance companies that sued the administration in an attempt to [...]
