News-to-Use

Question of the Week

Q.- An employee asked if the cost of a mail-in ancestry test he just purchased is eligible for reimbursement from his health FSA. Is it?
READ MORE

Medical/Dental Expense Publication for 2020 Tax Filings

The IRS released an updated version of Publication 502- Medical and Dental Expenses- that should be used for filing 2020 tax returns. Publication 502 explains the ...
READ MORE

ACA and Filing IRS 1040 Tax Returns

The Tax Cuts and Jobs Act reduced the Affordable Care Act individual shared responsibility payment to $0.00 starting with the January 1, 2019 tax year. Form 1040 no ...
READ MORE

Question of the Week

Q.- A former employee who is continuing health coverage through COBRA said she is entitled to a subsidy for her premiums for medical coverage through the Trade ...
READ MORE

Security Compliance Programs for Covered Entities and Business ...

A new law passed in the last administration provides incentives for HIPAA covered entities and business associates to implement security compliance programs. The law ...
READ MORE

Prescription Drug Coverage Disclosure Filing

The Medicare Modernization Act requires employers with health plans that include prescription drug coverage to notify Medicare-eligible participants if the drug coverage ...
READ MORE

Proposed Legislation Includes ACA Enhancements

The coronavirus relief package pending in the U.S. House of Representatives includes changes to health coverage that would impact many Americans.
READ MORE

Question of the Week

Q.- We are getting ready to send our 1095-C forms. We have a full-time employee but she waived health coverage. Does she still need to get a Form 1095?
READ MORE

HIPAA Data Breach Impacts 9.3 Million

Excellus Health Plan entered into a settlement agreement and corrective action plan agreeing to pay $5.1 million for alleged HIPAA breaches. The breach impacted more ...
READ MORE

2021 Employer Guide to Fringe Benefits

The IRS released a draft of the 2021 version of its guide to fringe benefits. This Publication 15-B provides information for employers on the employment tax treatment of ...
READ MORE