Author Archives: jshagena
The IRS recently issued Notice 2016-70, which extended the 2016 deadline for furnishing statements to individuals under Sections 6055 and 6056. The notice also extended good-faith relief from penalties for 2016 reporting. However, this extension … Continue reading
Fall often becomes a busy time for the employee benefits departments. Plan reviews and benefits open enrollment. We have a thorough checklist to ensure you process your open enrollments properly and adhere to ACA mandates. … Continue reading
EBL protects you from various mistakes in administering your employee benefits programs. A common mistake includes failure of your HR staff to properly enroll an employee in your health plan. See this article addressing what this … Continue reading
On Nov. 18, 2015, the Departments issued final regulations addressing a number of the ACA’s market reform requirements to be effective 1/1/17. The final rules address market reforms such as lifetime and annual limits, dependent … Continue reading
Although many key reforms under the Affordable Care Act (ACA) became effective in 2014 and 2015, additional reforms will become effective in 2016 for employers sponsoring group health plans. To prepare for 2016, employers should … Continue reading
Federal Court Strikes Down 2016 Overtime Rule – U.S. Federal District Court Judge Amos L. Mazzant issued a ruling striking down an Obama Administration regulation on overtime pay. This rule would’ve doubled the FLSA’s salary … Continue reading
New Exchange Special Enrollment Periods for 2015 New Guidance and Relief for Employer Payment of Individual Premiums
IRS Releases health savings account (HSA) limits for 2016 to adjust for inflation. Contact TRG for details on the adjusted limits and how an HSA may benefit your business.
Winners selected in the Blue Water area’s first GreenLight Pitch Competition finals (a competition created to encourage entrepreneurship): Grand prize winner SroundMe – a mobile media sharing application built upon geofencing technology; 2nd place winner ManeScene.com, Inc. … Continue reading
Check out this blog on filling out tax forms if you have minimum essential health coverage or if you received a subsidy.