Benefits & Compensation News

Will bipartisan push finally put an end to the ACA’s Cadillac Tax?

Several new pieces of legislation have been introduced to repeal the Cadillac Tax, and the bills have the backing of both Republicans and Democrats. Does this mean the dreaded excise tax will never see the light of day or will the reg survive yet another challenge?  [Read more…]

IRS re-proposes ACA rule, ends relief for employers

When a glitch in feds’ own Obamacare calculator was uncovered, the IRS gave employers a major break from certain ACA penalties. But all good things must come to an end eventually. [Read more…]

4 keys to calculating full-time employees under Affordable Care Act

Employers have little time left to nail down just how many full-time employees they have before Obamacare’s employer mandate kicks in. The problem is, the law’s formula is tricky. To help with the math, 15-year benefits compliance vet Sheryl Southwick has some advice for employers. [Read more…]

ACA reporting: How to extend the deadline an extra 30 to 60 days

If there’s no way your firm will be able to get everything in order in time to comply with the Affordable Care Act’s (ACA) reporting deadlines, don’t panic. You may not have to. [Read more…]

9 questions to ask when picking (or changing) a benefits broker

Between Obamacare’s complex compliance challenges and the growing need for top-notch benefits to recruit and retain top talent, the demand for skilled benefits brokers has grown exponentially in recent years. So how can HR pros be sure their brokers have their back? [Read more…]

Why Obamacare is responsible for this organization’s lockout

You’ve probably seen countless studies and articles about how the Affordable Care Act (ACA) could affect employers’ business practices. Well, here’s a real-life example of how one provision of the law is causing major problems. [Read more…]

Obamacare reporting: A risk-free way to ensure everything is in order

The upcoming tax season marks the first time employers must satisfy the reporting requirements under the Affordable Care Act (ACA) — but many firms will be able to do a trial run first. [Read more…]

IRS’ new ‘Cadillac Tax’ guidance: Why it could cost more than you expected

The feds just released a second set of guidance on the Affordable Care Act’s “Cadillac Tax,” and firms are starting to get a better picture of how this provision is supposed to work — and why it can be even more of a headache than firms initially anticipated. [Read more…]

Benefits industry declares war on ‘Cadillac Tax’: Is a repeal coming?

We’ve already seen legislation introduced with the sole purpose of getting Obamacare’s controversial “Cadillac tax” tossed. Now an impressive alliance has come together to put pressure on Congress to make sure that repeal actually takes place. [Read more…]

Stand-alone HRAs: Bill aims to bring back popular Obamacare workaround

Remember that $36K penalty the IRS felt the need to remind everybody it would impose on employers that tried to give employees untaxed funds to purchase healthcare coverage? Well, there’s new hope that some firms won’t have to worry about this after all. [Read more…]