News-to-Use

Reimbursing Employee for Cost of Coverage from Spouse

  • BAS
  • 17.12.2015
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 ...
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ACA Reporting Deadline Looms

  • BAS
  • 17.12.2015
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 ...
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Question of the Week

  • BAS
  • 10.12.2015
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 ...
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IRS Identity Protection Tax Tips

  • BAS
  • 10.12.2015
As part of its “cyber-security month” outreach efforts, the IRS released tips on identity protection.
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FSA Grace Periods, Carryovers and Run Out Periods in MyEnroll.com

  • BAS
  • 10.12.2015
A health Flexible Spending Account plan and a dependent day care Flexible Spending Account Plan can be structured to incorporate certain permissible features to help ...
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2015 Form 5500 Released

  • BAS
  • 10.12.2015
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 ...
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Employer Considerations for ACA Form Filing

  • BAS
  • 10.12.2015
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 ...
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Question of the Week

  • BAS
  • 03.12.2015
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?
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$3.5 Million HIPAA Settlement

  • BAS
  • 03.12.2015
Triple-S Management Corporation, formerly American Health Medicare Inc. has agreed to a $3.5 million settlement for potential HIPAA violations. Triple-S is an insurance ...
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COBRA Administration- Federal or State COBRA?

  • BAS
  • 03.12.2015
BAS' COBRA administration service through its subsidiary Cobra Control Services, LLC (CCS) provides a full-service COBRA administration alternative. Our automated ...
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