News-to-Use

Temporary FSA Changes Permitted for Plan Years Ending in 2020 and 2021

The Consolidated Appropriations Act of 2021 (Stimulus Bill) passed at the end of last year allows flexible spending account plans to temporarily change their design to ...
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Large Employers Must Offer Health Coverage in 2021

The Affordable Care Act requires employers that are “applicable large employers” (ALEs) to offer health coverage to their full-time employees or pay a penalty. Employers ...
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New Flexible Spending Account Changes in Stimulus Bill

The Stimulus Bill (Consolidated Appropriations Act of 2021) passed by the U.S. Senate and House of Representatives on December 21, 2020 gives flexible spending account ...
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Question of the Week

Q.- A former employee has been on COBRA for 12 months. He cancelled his COBRA coverage at the end of November and enrolled in individual coverage starting December 1. He ...
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Employer Penalties for Employee Termination

The City of New Haven Health Department entered into a HIPAA corrective action plan with the Department of Health and Human Services for failing to properly terminate a ...
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ACA Hours Upload

BAS’ Affordable Care Act administration takes care of record keeping, monitoring, tax forms, and IRS e-filing, along with hand-holding support. ACA compliance is now ...
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Use that FSA!

Many employees who participate in a health flexible spending account plan wait until the end of the plan year to use their funds. While participants generally have a ...
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Updated Actuarial Value Calculator

The Affordable Care Act requires applicable large employers to offer full-time employees and their dependents minimum essential health coverage providing minimum value ...
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Question of the Week

Q.- We had a part-time employee who did not work for a few months because we were closed due to COVID restrictions. We received a Paycheck Protection loan and paid the ...
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IRS Tips to Protect Your Phone and Computer

The IRS has issued a reminder that it has videos with helpful tips on security. One video tax tip has suggestions for protecting your phone and computer. These tips ...
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