Bulletins

New Regulations, New Handbook Requirements

2018 brings a new set of mandatory employee handbook updates An employee handbook is a living, breathing document that requires frequent updates.  Below are three mandatory changes that we want to be sure you are aware of. New York State Paid Family Leave: New York State’s Paid Family Leave law took effect January 1, 2018.  […]

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ACA Taxes and Fees Impacted by Recent Spending Resolution

On Jan. 22, 2018, President Donald Trump signed into law a short-term continuing spending resolution to end the government shutdown and continue funding through Feb. 8, 2018. The continuing resolution impacts three taxes and fees under the Affordable Care Act (ACA). Specifically, the continuing resolution: Delays implementation of the Cadillac tax on high-cost group health […]

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NYS PFL is Here!

New York State Paid Family Leave is officially in effect as of 1/1/18. Here’s what you need to know. Employees are eligible for up to 8 weeks of paid leave at up to 50% of their average weekly wage, up to a max benefit of 50% of the statewide average weekly wage, currently $653. There […]

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Individual Mandate Repealed

Tax Reform Bill Repeals the Individual Mandate Tax Penalty in 2019 On Dec. 22, 2017, President Donald Trump signed the tax reform bill, called the Tax Cuts and Jobs Act, into law, after it passed both the U.S. Senate and the U.S. House of Representatives. In addition to impacting corporate tax legislation, the bill also […]

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Furnishing Deadline Delayed for 2017 ACA Reporting

On Dec. 22, 2017, the Internal Revenue Service (IRS) issued Notice 2018-06 in order to: Extend the due date for furnishing individual statements to employees under Sections 6055 and 6056 for 2017 by 30 days, from Jan. 31, 2018, to March 2, 2018; and Extend good-faith transition relief from penalties related to 2017 information reporting […]

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