Final Check Before Your IRS Filing on April 2, 2018

2018-03-30T12:00:00-04:00March 30th, 2018|Employee Benefits Legislation|

Since we know you love regulations and IRS filings so much, we know you’re getting closer to completing what is due on April 2nd. For a final run down, please see below. Consolidated, Aggregated and Validated HR, Time & [...]

Employee Benefits in 2018: The New Tax Law and What It Means

2018-01-31T12:00:00-05:00January 31st, 2018|Employee Benefits Legislation|

Once again, there are more changes coming out of Washington D.C., and we wanted to fill you in on what we know right now. Here’s a look at some of the key changes employers need to know. Employers earn [...]

Health Insurance Tax is Back and It Hurts Businesses

2017-09-29T12:00:00-04:00September 29th, 2017|Employee Benefits Legislation|

As we have been discussing, there doesn’t seem to be a solution in sight to replace the Affordable Care Act (ACA). This week, we saw another failed attempt replacing the ACA. One thing we are learning is that the [...]

Legislative Update: Health Insurance Tax Returns for 2018

2017-08-18T12:00:00-04:00August 18th, 2017|Employee Benefits Legislation|

The return of the Affordable Care Act’s health insurance tax—which insurers have long lobbied against—will likely increase premiums by an average of 2.6% in 2018, according to a new analysis. The ACA’s tax on fully insured health coverage was [...]

What’s New For Businesses in 2017? Health Care, Taxes, and More | NARFA

2017-01-18T12:00:00-05:00January 18th, 2017|Employee Benefits Legislation|

In a time of uncertainty, you can always be certain you’ll be paying taxes, and several rules and regulations will change every year. For 2017, small businesses are getting a bigger deduction for equipment purchases, and those that aren't [...]

Legislative Update: Congress Eliminates IRS Penalty on Employer Reimbursements for Health Insurance | NARFA

2016-12-08T12:00:00-05:00December 8th, 2016|Employee Benefits Legislation|

You’re safe. For now. From this particular piece of legislation. 2017 is rapidly coming to a close, but that doesn’t mean there isn’t more legislative news pertaining to the Affordable Care Act and your taxes and potential penalties. However, [...]

IRS Update: 2016 Values for Employer-Provided Vehicles | NARFA

2016-02-19T12:00:00-05:00February 19th, 2016|Employee Benefits Legislation|

We know our member businesses are always on the move and many employ a fleet of vehicles for daily work. Below is an IRS update with the 2016 values for employer-provided vehicles. The values apply to vehicles first made [...]

Compliance Update: IRS Extends Deadlines for 2015 ACA Information Reporting Requirements

2015-12-29T12:00:00-05:00December 29th, 2015|Employee Benefits Legislation|

Over the past year, we have seen many aspects of the Affordable Care Act be delayed or  modified, due to the push back from businesses, individuals, and lawmakers. Below is a compliance update as the IRS extends deadlines for [...]

How Does the Affordable Care Act Affect My Federal Income Taxes? ACA Exemptions and What to Know

2015-02-24T12:00:00-05:00February 24th, 2015|Employee Benefits Legislation|

The Affordable Care Act could have an impact on the way you file your income taxes for 2014. If you have already done so, then you know what we’re talking about. If not, listen up: Filing your income tax [...]

Just in Time for Tax Season: IRS Announces New, Online Public Directory of Tax Preparers

2015-02-11T12:00:00-05:00February 11th, 2015|Employee Benefits Legislation|

April 15 is only 2 months away, which means many employers and their employees should be thinking seriously about their taxes. But do you know how or WHO is going to prepare your tax returns for 2014? With the [...]