IRS Guidance  The IRS letter responded to a letter from a Congressperson written on behalf of a constituent. Generally, the IRS cannot provide binding legal advice to taxpayers unless they

Important Dates Oct. 1, 2019 PCORI fees were scheduled to expire for plan or policy years ending on or after Oct. 1, 2019. 2020-2029 Fiscal Years PCORI fees now apply

 Social Connectivity In the Time of COVID-19 The need for social distancing has put a pause on normal socializing activities, like family get-togethers, restaurant outings and music concerts. As the

Highlights In anticipation of when a COVID-19 vaccine is available, the interim final rule requires Medicare, Medicaid and private insurers to cover the vaccine without cost sharing. Coverage of qualifying

Important Dates January 1, 2022 Detailed pricing information must be made public for plan years beginning on or after Jan. 1, 2022. January 1, 2023 A list of 500 shoppable

Employee Benefit Plan Limits for 2021 Many employee benefits are subject to annual dollar limits that are periodically updated for inflation by the IRS. The following commonly offered employee benefits

Highlights The minimum wage rate in New York depends on the employer’s size, industry and geographic location. The minimum wage rate in California depends on the employer’s size. Employers should

Highlights:  Final forms and instructions for 2020 reporting under Sections 6055 and 6056 are now available. The “Plan Start Month” box on the Form 1095-C is now required for 2020

Dependent Coverage Rules: Reminders for Employers Many health plans provide coverage for employees’ dependent children. Since 2010, the Affordable Care Act (ACA) has imposed strict requirements on plans that provide

Important Dates Sept. 18, 2020 Justice Ruth Bader Ginsburg passed away, after serving for 27 years on the U.S. Supreme Court. Nov. 3, 2020 The next presidential election takes place.

Combating Pandemic Fatigue An unintentional phenomenon is on the rise—pandemic fatigue. People are tired of staying at home. People want to be the social creatures they inherently are. People want