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Compliance ✔- IRS Increases Affordability Percentage for 2021

Compliance ✔- IRS Increases Affordability Percentage for 2021

Jul 28, 2020 | Compliance Check, Employee Benefits

The IRS announced the new annually indexed percentage for affordability under the Affordable Care Act’s employer mandate provision. Per Rev. Proc. 2020-36, applicable large employers (ALEs) can charge no more than 9.83% of income for plan years beginning...
Alabama Ordinance Requires Face Coverings, Effective 7.16.2020

Alabama Ordinance Requires Face Coverings, Effective 7.16.2020

Jul 16, 2020 | Risk Management, Safety, Wellness

July 15th, 2020, Alabama Governor Kay Ivey issued a statewide emergency proclamation that face masks are required effective July 16, at 5:00 P.M. Individuals are required to wear a face mask or a face covering when in public and when in close contact with others. The...
Compliance ✔- FFCRA and CARES Act: Leave Reporting, COVID-19 Testing and More

Compliance ✔- FFCRA and CARES Act: Leave Reporting, COVID-19 Testing and More

Jul 16, 2020 | Compliance Check, Employee Benefits

Recent guidance on the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was issued in the form of IRS Notice 2020-54 and FAQ 2 Part 43. The IRS Notice instructs employers on how to report FFCRA’s...
Compliance ✔- FFCRA and CARES Act: Leave Reporting, COVID-19 Testing and More

Compliance ✔- Nondiscrimination: ACA Section 1557 and Title VII

Jun 24, 2020 | Compliance Check, Employee Benefits

Section 1557 Earlier this month, the Department of Health and Human Services (HHS) issued a final rule and fact sheet under Section 1557 of the Affordable Care Act’s (ACA), which prohibits certain entities from discriminating against individuals on the basis of race,...
Compliance ✔- FFCRA and CARES Act: Leave Reporting, COVID-19 Testing and More

Compliance ✔- PCORI 2020 Form 720 Available

Jun 17, 2020 | Compliance Check, Employee Benefits

Employers who sponsor self-insured health plans can access the updated IRS Form 720 for second quarter filing to report and pay the Patient-Centered Outcomes Research Institute (PCORI) fee. This submission is due by July 31, 2020 for plan years ending in 2019.   As a...
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