Pass this info on to Payroll, STAT! IRS just finalized the new 2020 Form 1095-C. And it won’t be the same old, same old. In fact, not only is the reporting different, but so are the deadlines. Most changes stem from an IRS law update allowing employers to offer workers individual coverage health reimbursement arrangements […]
Have questions about health savings accounts? IRS just gave answers to 42 of them. Is yours on the list?
Even if your firm can’t afford to offer a traditional retiree benefits package, there is something you do. And it’ll likely boost your ability to attract — and retain — top talent.
Reimbursing employees via debit cards can streamline your processes and boost participation in these healthcare cost cutters. Just make sure you pick the right vendor for the job.
IRS Announcement 2021-7 allows for the reimbursement of masks and other types of personal protective equipment to protect against COVID-19. Employees can use any of the following for reimbursements: health flexible spending arrangements (health FSAs) Archer medical savings accounts (Archer MSAs) health reimbursement arrangements (HRAs), or health savings accounts (HSAs). What qualifies for reimbursements Masks, […]
The health reform law passed last spring, but here come the changes your finance department will feel.
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