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IRS Q&As on Form W-2 Reporting
Posted on: November 25, 2014Categories: HR & ComplianceThe Affordable Care Act (ACA) added Internal Revenue Code (Code) section 6051(a)(14), which requires employers to report the aggregate cost of employer-sponsored group health plan coverage on their employees’ Forms W-2. This reporting requirement was originally effective for the 2011 tax year. However, the IRS later made reporting optional for 2011. In April 2011, the IRS issued Notice 2011-28, which furthered delayed the Form W-2 reporting requirement for small employers and provided interim ...
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December HR Brief
Posted on: November 24, 2014Categories: HR & ComplianceDid You Know? Many employers hire additional workers during the holidays. The same screening laws and EEOC guidelines that apply to regular applicants also apply to seasonal or temporary workers. Background checks for temporary workers must be just as thorough as those given to permanent workers, as employers may open themselves up to legal issues if temporary workers are only vetted through an Internet search. However background checks for seasonal employees cannot be stricter, nor can their r ...
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December Benefits Buzz (2)
Posted on: November 20, 2014Categories: HR & ComplianceHPID Requirement Delayed Indefinitely On Oct. 31, 2014, the Centers for Medicare & Medicaid Services (CMS) announced a delay in enforcement of the Health Plan Identifier (HPID) requirement until further notice.The HPID is a standard, unique health plan identifier required by the Health Insurance Portability & Accountability Act of 1996 (HIPAA).The delay, which was announced five days before the initial deadline to obtain an HPID, means that for the foreseeable future, health plan sponso ...