CBG Benefits

The CBG Benefits Blog

Posts Tagged 'HR Compliance'

New Animated Employee Video: Understanding the Individual Mandate

To help our clients with their employee communication efforts, we are happy to announce that there is a new animated video available within our CBGconnect portal. This latest video is part of the “Know Your Benefits” series. It highlights key information regarding the individual mandate under the Affordable Care Act. In less than 90 seconds, […]

Continue Reading →

Posted in: Benefits and Insurance, Human Resources, Legislation

Leave a Comment (0) →

Avoiding Employee Misclassification Under the Fair Labor Standards Act

As an increasing number of U.S. workplaces are restructuring their business organizations, this has created a higher risk of misclassifying employees as independent contractors. This is an important issue for Human Resources departments to pay attention to, as employer misclassification has a direct impact on employee eligibility for benefits, legal protections (such as minimum wage […]

Continue Reading →

Posted in: Benefits and Insurance, Human Resources, Legislation

Leave a Comment (0) →

Massachusetts Companies with 51-100 Employees Get Transition Period for Health Insurance Changes

Massachusetts employers received good news recently regarding health insurance. Governor Baker announced that the Massachusetts Division of Insurance will implement a transitional relief policy regarding a key provision of the Affordable Care Act. This transition relief may provide employers with 51 – 100 employees – who are rated currently within the large group market – to […]

Continue Reading →

Posted in: Benefits and Insurance, Human Resources, Legislation

Leave a Comment (0) →

IRS Releases 2015 Draft Instructions for Affordable Care Act Reporting: Forms 1094-C and 1095-C

The IRS has released 2015 Draft Instructions for Forms 1094-C and 1095-C (as well as Forms 1094-B and 1095-B), which may help many employers prepare for the new information reporting provisions under the Affordable Care Act. Applicable employers are required to report for the first time in early 2016 for calendar year 2015. Who is […]

Continue Reading →

Posted in: Benefits and Insurance, Human Resources, Legislation

Leave a Comment (0) →

ACA Reporting: Important Information for Employers That Plan to File Directly

As the deadline for meeting the employer reporting requirements under the Affordable Care Act draws closer, it’s critical that employers take steps to ensure that they will be ready to file Form 1094-C and Form 1095-C. While we await the final versions of those forms, the IRS has released draft forms that employers can use […]

Continue Reading →

Posted in: Benefits and Insurance, Human Resources, Legislation

Leave a Comment (0) →

New Law Increases Affordable Care Act Information Reporting Penalties

As the deadlines regarding the employer reporting requirements under the Affordable Care Act draw closer, a new law has increased the penalties that companies may face for non-compliance. Here is how the Trade Preferences Extension Act of 2015 will increase those penalties: The penalty for failure to file an information return was generally $100 but has been increased to […]

Continue Reading →

Posted in: Benefits and Insurance, Human Resources, Legislation

Leave a Comment (0) →

Download the Benefits Bulletin for Q3 2015: ACA Subsidies, Out-of-Pocket Maximums, PTO Trends, and More

As we enter Q3 2015, there is no doubt that HR and employee benefits professionals may have quite a significant to-do list in the months ahead. Many key provisions of the Affordable Care Act will soon take effect, such as the employer reporting requirements for Form 1094-C and Form 1095-C, as well as small group […]

Continue Reading →

Posted in: Benefits and Insurance, Company News, Human Resources

Leave a Comment (0) →

Health Care Reform News: IRS Releases 2015 Draft Forms for Employer Reporting of Health Coverage

On June 16, 2015, the Internal Revenue Service (IRS) released draft forms for 2015 to help employers prepare for the new information reporting provisions under the Affordable Care Act (ACA). Certain employers are required to report for the first time in early 2016 for calendar year 2015. The reporting requirements come under IRS Code Sections 6055 and 6056. The purpose […]

Continue Reading →

Posted in: Benefits and Insurance, Human Resources, Legislation

Leave a Comment (0) →

Final Rules Revise Summary of Benefits and Coverage (SBC) Requirements

On June 16, 2015, final regulations were published on the Summary of Benefits and Coverage (SBC) requirement under the Affordable Care Act (ACA). The ACA established a penalty of up to $1,000 for each willful failure to provide the SBC. Also, failing to provide the SBC may trigger an excise tax of $100 per individual for each […]

Continue Reading →

Posted in: Benefits and Insurance, Human Resources, Legislation

Leave a Comment (0) →
Page 4 of 6 «...23456