by Mark Holloway | February 22, 2019 | State and Local Issues, Tax Issues, Uncategorized
The commonwealth of Massachusetts announced the employer and employee contribution rates that will apply beginning on July 1, 2019, to finance the state’s paid family leave law. The law requires up to 12 weeks of paid family leave, up to 20 weeks of paid medical leave...
by Mark Holloway | December 26, 2018 | Compliance Services, Health Plan Identifiers
Many employers sponsoring self-funded plans have a negative recollection of a frustrating attempt to obtain a unique health plan identifier (HPID) until a last-minute reprieve was announced. At long last, the US Department of Health and Human Services (HHS) has...
by Mark Holloway | November 2, 2018 | Employer Mandate, Health Reform / ACA, State and Local Issues
The once-dead health insurance responsibility disclosure (HIRD) form for Massachusetts employers has been resurrected in time for the flurry of end-of-year reporting requirements. The commonwealth’s 2006 health reform law, which served as a model for the federal ACA,...
by Mark Holloway | September 26, 2018 | Tax Issues
Last year’s tax reform law, the Tax Cuts and Jobs Act (Act), eliminated the rules allowing individuals to exclude from taxable income amounts an employer pays for some job-related moving expenses, except for certain active-duty members of the armed forces....
by Mark Holloway | August 13, 2018 | Compliance Services, Employer Mandate, Reporting & Disclosure, Tax Issues
By now, you’re likely aware that the IRS has sent hundreds of letters to employers indicating that they may owe penalties because of noncompliance with the ACA employer mandate. Penalties can occur when a full-time employee purchases coverage on a state insurance...
