Important Obama Care Update
The Department of Labor, on May 8th, released guidance regarding required employer notification of coverage options through the health insurance exchange (also known as the health insurance...
View ArticleOBAMACARE DEVELOPMENTS
Another couple of ”speed bumps” have surfaced regarding implementation of the “Affordable Healthcare Act”. First, SHOP (Small Business Health Option Program) for businesses with fewer than 100...
View Article*ObamaCare Delay*
In an unexpected, but welcome, announcement late Tuesday afternoon, July 2nd, Assistant Treasury Secretary Mark Mazur announced the Obama Administration has provided a one-year break to employers who...
View ArticleYet More Obamacare Changes
It has become very difficult to stay abreast of the ever changing Obamacare compliance issues. Here we go again: The Obama administration released final rules in February for businesses that must...
View ArticleEmployee or Not An Employee
The Payroll Fraud Prevention Act of 2013 was introduced in November by Sen. Bob Casey, D-Pa. The proposed legislation would require businesses to notify workers of their status as employees or...
View ArticleLegislation Updates
Senator Oberweis introduced legislation, SB2004, to phase-in an increase in the minimum wage for employees who are 26 years of age or older from $8.25 per hour to $9 per hour in 2015, then again to...
View ArticleAnd Now The OBAMACARE Paperwork Challenge
Since open enrollment in the health insurance exchanges ended as of March 31, 2014, employers should be prepared to soon start receiving notices from the exchanges to indicate if an employee has...
View ArticleObama Care Employer Reporting Information
Draft forms that employers will soon have to use to report on health coverage they offer to their employees were released by the IRS on July 24, 2014. The draft forms are not currently to be used for...
View ArticleIllinois Governor Signs Law Prohibiting Criminal History Inquiries on Job...
On July 21, Illinois Governor Pat Quinn signed into law the Job Opportunities for Qualified Applicants Act, which will prohibit most private-sector employers and employment agencies with 15 or more...
View ArticleFurther IRS Guidance on Obamacare Reporting
Two sets of recently updated Q&As from the Internal Revenue Service (IRS) provide guidance on the information reporting requirements under the Affordable Care Act (ACA). One set of Q&As(click...
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