As CFOs are well aware, employment laws seem to favor workers against their employers, and they often cost firms money. But that’s not always the case.
COBRA (Health Insurance Continuation)
When the feds created those new model COBRA notices to account for the Obamacare exchanges, they also included some other key info — info that was easy to miss on first read.
The Department of Labor (DOL) just issued several COBRA notices you may need to give employees under the American Rescue Plan Act (ARPA). The ARPA created COBRA premium assistance to help certain individuals continue their health benefits. The premium assistance is available from April 1, 2021, through Sept. 30, 2021. Check out the two notices […]
Fact: Benefits are surpassing salaries as the most important perk to employees. But did these companies step out of line to enforce their benefits policies?
Here’s a compelling reason to review your ACA compliance efforts ASAP: If your firm slips up on any of the details, it could cost you big-time.
While the $1,400 direct payments got most of the buzz, the American Rescue Plan Act of 2021 (ARPA) contains many provisions that impact employers. Check out five of them in the new law that will most impact you and your finance team: Temporary COBRA tax subsidy Private employers subject to COBRA get some good news […]
You never like to see a finance staffer leave (OK, maybe not never), but you certainly don’t want your top performer to say sayonara to your department. There may be good reason to be worried:
Granted, a generous severance package is probably the best way to give departing staffers some peace of mind when layoffs take place. But when that isn’t an option, there are other things you can do.
Companies are still waiting for answers on what will and won’t trigger Obamcare’s so-called Cadillac Tax.
After a series of extensions, it looks like the federal COBRA premium subsidy program will come to an end on Aug. 31 – unless some last-minute extension is passed.
Year-end will be here before you know it. So if Payroll has made any COBRA subsidy payments, you’ll want to make sure they’ve claimed credit on Form 941.
The latest move by the IRS suggests an increase in audits of employers’ COBRA procedures may be on tap in the very near future.
Due to the insurance exchanges created by the health reform law, the DOL felt the current model COBRA notices needed a makeover. And the changes it made could have a distinct benefit for Finance.
Still got some questions about what it is you are (and aren’t) required to report on workers’ W-2s under health reform? You’re not alone.
If you were planning on sending workers out onto the insurance exchanges with a lump-sum of cash for premium costs, you’ll want to read the feds’ latest warning.
Tax Day brought more than long post office lines — it also brought two more months of unemployment benefits to many people. And a new to-do list for Finance.
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