HR News Archive

HSA Penalties

Breaking, HR News, Publications
What kind of trouble do you suppose a person would be in if he/she contributed to a health savings account with full knowledge that he/she was not eligible? Big trouble in River City, eh? Well, you would be wrong, according to just-released IRS Information ...Read More

Looking Ahead at 2017

Breaking, Health Care Alert, HR News
Businesses across the nation are anticipating some major changes to occur in 2017 in the areas of healthcare and tax reform. While anticipating significant change, planning at this point is a bit of challenge, because no one can predict with accuracy the extent of ...Read More

New Overtime Rules

Breaking, Health Care Alert, HR News
In May, the Department of Labor issued new rules regarding exempt and non-exempt employees and overtime. The changes to the salary thresholds are dramatic, in that DOL has not made any adjustments for a number of years. Employers must implement these rules for an ...Read More

Affordability Level Indexed

Breaking, Health Care Alert, HR News
IRS has published[1] the indexed affordable threshold for 2017 at 9.69 percent; up from 9.66 percent 9.56 percent for 2015. This is the multiplier used at the Exchange to determine if an applicant was offered “affordable” coverage by his/her employer. The Exchange operates under code §36B, ...Read More