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Compliance

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  • Form 1095 Extension Announced

    The IRS announced that the deadline for employers to furnish 2018 Forms 1095-C to employees has been extended from January 31 to March 4, 2019. The extension …

  • Massachusetts Health Insurance Form Due Nov 30

    If you have 6 or more employees working in Massachusetts, please be advised that the state has released its online employer Health Insurance Responsibility Disclosure …

  • IRS 2019 Plan Limits Released

    The IRS has finally released the FSA and Transportation maximum benefit limits for 2019. Here are the 2019 annual limits for employee benefit plans, including: …

  • Proposed Rule to Expand HRA Use

    In response to the White House’s October 2017 Executive Order, the Departments of Treasury, Labor, and Health and Human Services recently issued a proposal to revise …

  • 2019 HSA Limits & ACA Affordability

    The IRS recently released Health Savings Account and ACA Affordability amounts for 2019. Health Savings Accounts Self-Only Coverage Family Coverage Catch-Up age 55+ 2018 $3,450 …

  • Health Care Reform in Massachusetts

    Individual Responsibility Under state health care reform enacted in 2006, all Massachusetts residents must have health coverage that is considered “creditable”. As proof of coverage, …

  • Form 1095 Extension Announced

    The IRS announced an automatic 30-day extension for employers to provide 2017 Forms 1095-C to employees. The extension also applies to carriers issuing Forms 1095-B to …

  • ACA Reporting Updates

    The Affordable Care Act (ACA) mandate for employers to offer affordable medical coverage to full-time employees was subject to several repeal efforts this year. Since …

  • IRS Confirms ACA Mandate Penalties in Effect

    Under ACA mandates, there are IRS penalties on individuals who do not have health coverage and on large employers who do not offer health coverage …

  • IRS Reaching Out to Form 1095 Non-Filers

    The IRS is preparing to assess penalties to employers that may have been subject to Form 1095 reporting in 2015, but failed to file forms …

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