[Client Reminder] October 14 Deadline: Medicare Part D Notice of Creditable (or Non-Creditable) Coverage
Medicare Part D notices (of either creditable or non-creditable coverage) are due for distribution prior to October 15th.
Client Alert: PCORI Fees Due by July 31, 2021!
In Notice 2020-84, the Internal Revenue Service set forth the PCORI amount imposed on insured and self-funded health plans for policy and plan years that end on or after October 1, 2020 and before October 1, 2021.
Client Alert: IRS Issues Important Information on COBRA Subsidies
The IRS has recently issued 86 questions and answers regarding the COBRA premium assistance requirements under the American Rescue Plan Act of 2021 (“ARPA”).
Client Alert: IRS Clarifies Taxation of Dependent Care Benefits Due to Extended Grace Periods or Expanded Carryovers
In Notice 2021-26, the IRS clarifies the taxable nature of benefits under dependent care assistance programs (“DCAPs”) that adopted the extended grace period or expanded carryover options for 2021 and/or 2022.
IRS Announces 2022 Adjustments for HSAs & Excepted-Benefit HRAs
The IRS has released its 2022 annual inflation adjustments for Health Savings Accounts (“HSAs”) as determined under Section 223 of the Internal Revenue Code.
Client Alert: DOL Releases COBRA Model Subsidy Notices – Due By May 31st!
The American Rescue Plan Act of 2021 (“ARPA”) requires that employers provide 100% COBRA subsidies to certain assistance eligible individuals from April 1, 2021 through September 30, 2021.
FFCRA Paid Leave Extension Until September 30, 2021 with Tax Credits
If you are a private employer with under 500 employees, were you aware you can voluntarily extend FFCRA paid leave from April 1 through September 30, 2021 and still receive a tax credit?
Client Alert: Dependent Care FSA Relief, In a Big Way
The American Rescue Plan Act (“ARPA”) temporarily amends Code section 129(a) to increase the amount of dependent care expenses that may be excluded from gross income.
Client Alert: The ARPA Brings COBRA Subsidies Back!
The American Rescue Plan Act (“ARPA”) was enacted Thursday, March 11, and will have a major impact on employee health and welfare benefit plans.
[Client Alert] IRS Clarifies Cafeteria Plan Flexibility into 2022: Amendments Required to Take Advantage
On February 18, 2021, the IRS provided the necessary clarity by releasing Notice 2021-15, which imposes some additional limitations and provides some expansions to Section 214 of the CAA.