News-to-Use

Q.- We are changing our health plan eligibility for the new plan year. We will no longer offer medical coverage to spouses if they are eligible for and have medical ...

The IRS issued a Chief Counsel Advice Memorandum describing when an employer can reimburse an employee on a tax-free basis for the cost of health coverage provided by a ...

Large employers with 50 or more employees, and smaller employers with self-funded health plans, should be prepared to report health coverage and offer of coverage ...

Q.- We are a large employer with a self-funded health plan. Do we have to send an ACA Form 1095-C to our former employees on COBRA coverage? What if just their ...

The IRS released the 2015 version of Form 5500, with only a few minor changes from the 2014 version. Form 5500 is the annual information filing for pension benefit plans ...

As BAS is working with clients in the final hours of data collection for Affordable Care Act (ACA) compliance, we have come across several items that may apply to many ...

Q.- Many of our employees are not going to use their full FSA balances. Can we refund the money to them if we withhold taxes?

The IRS issued proposed regulations implementing recent Supreme Court decisions about same-sex marriages. The proposed regulations amend IRS rules to require that for ...

An applicable large employer (ALE) must offer affordable minimum essential coverage that provides minimum value to its full-time employees and their dependents or pay a ...