Each year the IRS announces inflation-adjusted dollar amounts for the upcoming calendar years. In Rev. Proc. 2024-25, the IRS recently announced the 2025 annual dollar
Everything is going paperless these days. Saving trees and speeding things up. The IRS announced in November 2023 that Form 5558 (Application for Extension of
Following the release of the 2020 census data, the Centers for Medicare and Medicaid has announced the issuance of updated “County Data for Culturally and
Among the many employer duties involved in sponsoring employee benefits is the duty to keep employee data secure from cybercrime. It is common knowledge that
The IRS announced the 2024 cost of living adjustments that apply to health flexible spending account maximum contributions (as well as other limits): For cafeteria
If you are a large employer subject to the Affordable Care Act’s employer mandate, then one of the requirements for the coverage that is offered
Many employers that sponsor cafeteria plans offer flexible spending accounts. These flexible spending accounts are generally for reimbursement of eligible health care or dependent care
Spring has brought some activity in the health and welfare plan area that affects health savings accounts (HSAs), health plans, and cafeteria plans. 2024 HSA
Good news for spouses who own and run separate businesses—revised family attribution rules under the SECURE 2.0 Act of 2022 (the Act), effective for
The 2023 cost of living adjustments for retirement plans and health and welfare plans have been announced: Retirement PlansElective Deferral Max
