by Jay Kirschbaum | November 19, 2018 | Compliance Services, Cost of Living Adjustments
You thought you were finishing up open enrollment and planning your Thanksgiving when the IRS did you the favor of finally releasing the 2019 cost of living adjustments. As commentators expected, the health flexible spending limit (FSA) increased from $2,650 to...
by Mark Holloway | January 25, 2013 | Compliance Services, Cost of Living Adjustments
Earlier this month we reported on the American Taxpayer Relief Act of 2012 (ATRA), and its impact on employee fringe benefits. One change under ATRA that left employers scratching their heads was the retroactive nature of the increase to the maximum pre-tax...
by Mark Holloway | January 15, 2013 | Compliance Services, Cost of Living Adjustments
Following passage of the American Taxpayer Relief Act of 2012 (the Act)–the legislation that seals the “fiscal cliff” deal–the IRS has issued its final 2013 cost of living adjustments to incorporate the latest tax rates. A couple of these adjustments...
by Mark Holloway | January 4, 2013 | Co-Op Plans, Cost of Living Adjustments, Insurance Exchanges, Misc Health Reform, Tax Issues
President Obama signed into law on Wednesday the American Taxpayer Relief Act of 2012, a last minute compromise by federal lawmakers that pulled the nation away from the “fiscal cliff.” The law makes permanent numerous federal tax provisions scheduled to expire on...
