Components of ACA act delayed again

Robbie MossBlog, Compliance / Regulations

On February 10th, the Obama administration announced that it again will delay aspects of the Affordable Care Act’s employer mandate, the New York Times reports. The employer mandate requires businesses with more than 50 employees working 30 hours or more per week to provide affordable health insurance coverage to workers or face fines. Details of Delay The Department of Treasury … Read More

IRS posts Cafeteria Plan Rules for Same-Sex Couples

Robbie MossBenefits Administration, Blog, Compliance / Regulations, HR Management

DOMA cafeteria plan FSA IRS 2014-1 Notice

In a posting by Terri Eyden on the 19th, AccountingWeb offered this to say about this latest notice to come out of the IRS offices: The IRS promised to provide more guidance regarding the tax treatment of same-sex couples in the wake of the Supreme Court’s recent ruling invalidating Section 3 of the Defense of Marriage Act (DOMA). Slowly but … Read More

Changes in Affordable Care Act, Withholding, FUTA, SUTA, and FICA for 2014

Robbie MossBlog, Compliance / Regulations, Payroll Services, Tax

2014 taxes FUTA SUTA FICA withholding employee

Ready for changes to your payroll processing guidelines in 2014?  Take a look at these notes and make sure that you’re prepared: Affordable Care Act Changes Small business tax credits are set to increase. Small businesses with no more than 25 employees and no more than $50,000 of average annual wages can take advantage of up to a 50% tax … Read More

Small businesses: Four tax breaks that end with 2013

Robbie MossBlog, Compliance / Regulations, Tax

small business tax breaks

The end of the year is approaching fast, and with it’s taking 55 federal tax breaks with it’s departure.  Usually prone to extensions anyway, this year is looking to be a little different, and so we are here to warn the small businesses out there that can benefit from a friendly reminder!   First, don’t forget about any R&D credit … Read More

The “PCORI” Fee May Take Some Employers By Surprise.

Robbie MossCompliance / Regulations

Under the Affordable Care Act, some employers are set to face a July 31 deadline to pay a new fee. The fee, known as the PCORI (Patient-Centered Outcomes Research Institute) fee must be paid by employers who sponsor self-insured health plans, including health reimbursement arrangements and flexible spending arrangements. Although the fee doesn’t amount to very much financially, it will add compliance and … Read More