HR Compliance / Legislation Updates

IRS Grants Permanent 30-Day Extension to Providing Individual ACA Statements
Read Time: 4 Minutes

‘Tis the season for applicable large employers (ALEs) to scramble to meet their Affordable Care Act (ACA) obligation to provide full-time employees with individual statements that provide group health coverage information required to be filed with the IRS on Form 1095-C. Although the ACA generally requires ALEs to furnish individual statements by no later than January 31 of the year following the year being reported, each year the IRS has extended the deadline by 30 days. The IRS recently issued final rules that will make the 30-day extension permanent effective for calendar years starting on or after January 1, 2022. So, individual statements relating to 2022 coverage must be provided by no later than March 2, 2023.

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WEBINAR:

Shedding Light on Qualifying Events and Special Enrollment Periods

Tuesday, February 14, 2023
2:00PM EST

Attend this month’s webinar to learn how, when, and why the Internal Revenue Service allows an employee to make midyear election changes.

Gain insights into:

Section 125 irrevocable plan elections
Which family members are impacted by permitted changes, and the "family glitch"
Common HR errors and oversights

Be able to answer these questions:

When can (and can’t) employees make a change outside of open enrollment?
How are tax-favored accounts impacted by permitted changes?
What applicable plan documents should an employer have and what are the penalties for non-compliance?

In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nation's leading employment and benefit law firms, Fisher Phillips. Normally the cost of the 60 minute Webinar is $200, but we are pleased to offer it to you free of charge. Simply click the blue button below to register, and be sure to use the coupon code UBA410EW.

Recap: Change Management for Small Businesses

Source: Mineral

Change is a constant in life. Organizations of all sizes must adapt to market conditions, customer preferences, regulatory changes, or more at some point. However, knowing these changes are coming and preparing for these changes are two different matters.
To help small and medium-sized businesses like yours plan for these events, Mineral sat down with two change management experts in a recent webinar. Susan Anderson, Chief Services Officer at Mineral, and Stacy Harris, Chief Research Officer at Sapient Insights, spent some time answering common questions and best practices for small to medium-sized businesses.

Here are some of the highlights of their conversation.... Keep Reading

Compliance Question of the Week

Q: What is "at-will employment"? Does that mean I can fire an employee for any reason?

A: At-will employment means that the employer or employee can end the employment relationship for almost any reason (with or without cause) at any time (with or without notice).
It does not, however, allow you to terminate someone for an illegal reason, like their inclusion in a protected class or their exercise of a legal right.