[Updated] IRS Releases Guidance on ARPA Paid Leave Tax Credits
Recently, the Internal Revenue Service (IRS) released brief guidance on how employers can obtain tax credits for providing qualified paid ...
Benefits
Telework Amendment to the San Francisco Health Care Security Ordinance (HCSO) Expands Definition of Covered Employees
On July 2, 2021, San Francisco Mayor London Breed signed an amendment to the San Francisco Health Care Security Ordinance (SF HCSO), ...
IRS Releases Highly Anticipated ARPA COBRA Subsidy Guidance
This article was curated and further revised by the Sequoia Compliance Team and posted in partnership with Marathas Barrow Weatherhead...
CMS Releases 2022 Final Rule: Changes to Special Enrollment Periods, ACA Out-of-Pocket Maximums, & MLR Calculations
On April 30, 2021, the Centers for Medicare and Medicaid Services (CMS) released part 2 of the 2022 Notice of...
IRS Releases 2022 HSA & HDHP Limits
The IRS just released Rev. Proc. 2021-25, which outlines the inflation adjusted amounts for 2022 relevant to health saving accounts...
IRS Releases Guidance on Taxation of Dependent Care FSA Funds Provided Pursuant the Special COVID Relief
In response to the COVID-19 public health emergency, Congress passed a provision in the Consolidated Appropriations Act of 2021 (CAA),...
401(k) Fireside Chat: Plan Audit and 5500 Filing
401(k) audit season is quickly approaching. we’ve prepared answers to common questions our team fields this time of year.
New York Requires Fertility Coverage for Same Sex Couples
On February 11, 2021, New York Governor Andrew Cuomo directed the Department of Financial Services (Department) to ensure that insurers...
Annual 401(k) Audit: 5 Tips to Set You up for Success
401(k) audit season is quickly approaching. Once your company has 120 or more eligible participants, an independent audit is required and ...
DOL Releases Guidance and Model Notices for ARPA COBRA Subsidies
As discussed in our prior post, Congress recently passed the American Rescue Plan Act (ARPA), which provides free COBRA coverage ...
IRS Confirms COVID-19 PPE is Eligible for Reimbursement Under FSAs, HRAs, and HSAs
The Internal Revenue Service (IRS) confirmed in an announcement that expenses for personal protective equipment (PPE) for the primary purpose ...
Why Employers Should Be Prioritizing Employee Financial Wellbeing
Gallup identifies Financial Wellbeing as one of the 5 Essential Elements of Wellbeing. They identify individuals with thriving financial wellbeing as ...