Human Resources News & Insights

Feds pump out even more Obamacare instructions

If you believe Republicans on Capitol Hill, the Affordable Care Act (ACA) isn’t long for this world. Still, the Obama administration continues to clarify how businesses are supposed to comply with the law’s many provisions. 

DOL and IRS want a closer look at your retirement plan

Two of the most-feared government agencies for employers — the DOL and IRS — have decided there’s a real problem with the way retirement plans are being run, and they’re ramping up their audits to find out why that is.

Good news: Some employers get to start using stand-alone HRAs again

Employers may soon be able to use a key money-saving strategy that was recently taken away from them by the Affordable Care Act (ACA). 

No big changes in IRS retirement plan limits

The IRS just released the 2017 retirement plan contribution limits, and the changes aren’t big ones.   

IRS releases 2017 COLAs: Flex accounts, adoption assistance impacted

The IRS just released the 2017 Cost-Of-Living Adjustments (COLAs) for a slew tax-related employee benefits. Here’s what employers need to know about the new COLA limits:

New ACA reporting forms released by IRS: 7 things you need to know

In a painful reminder that ACA reporting season isn’t as far away as most would like it to be, the IRS has released the final forms and instructions employers need to start getting comfortable with. 

Beware: Workers’ 401(k) loans could wind up getting you audited

Convincing employees not to take out that 401(k) loan not only benefits those staffers’ financial health, it also helps keep you out of the feds’ crosshairs.  

Employees’ 401(k) loans can get you audited: How to protect your plan

Convincing employees not to take out 401(k) loans not only benefits workers’ financial health, it also helps keep you out of the IRS crosshairs. 

DOL attempts to bust myths about independent contractor classification

Here is the DOL’s latest attempt to weed out employee misclassification. 

Get ready: IRS Obamacare penalty letters are on their way

On the heels of the HHS’ notice letters to employers about ACA premium subsidies their employees may have received, the IRS has begun issuing its own ACA compliance letters. The biggest difference: The IRS notices come with penalties attached.