Compliance Observer Alert: IRS Begins Large Employer ACA Reporting Penalty Process

​The IRS is currently issuing notices to large employers to disclose whether they complied with the ACA reporting duties or not.

The 2017 Hurricane Season Is Here

June is the beginning of hurricane season and our first storm is already here. As of this afternoon, the National Hurricane Center has upgraded the storm in the Gulf of Mexico to Tropical Storm Cindy which is expected to reach the coast later today. Alerts with “severe weather on the way” typically include heavy rain, frequent lightning, damaging winds and localized flash flooding.

Compliance Observer Alert: IRS Increases HSA Limits for 2018

With IRS Rev. Proc. 2017-37, the IRS provided several new increases to various categories that individuals and families may elect into a Health Savings Account (HSA) if they have a compatible High Deductible Health Plan.