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Posts from: December 2016

Know Your Limits!

Author: Jan Fernandez Posted: December 20, 2016

I know it seems like turkey day was just here and now holiday celebration, decorations, and shopping are in full swing, but it’s time to start planning for 2017 expenses. The IRS revealed the new limits for HSA, FSA, 401 (k) and other tax deferred accounts. Let’s start with the HSA/HDHP limits. First – how much can I put away in 2017? For individuals, the IRS increased the limit by $50 allowing $3,400 to be socked away […]

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From The Blog - ABCs of The New ACA Reporting Requirements

If payroll and human resources didn’t have enough to do with all this new world employee benefits stuff, the ACA has decided to tack on another report or two, or maybe three. Now, according to the ACAs section 6056, employers with 50 or more employees are required to provide the IRS with a report showing who was covered and how much the employer paid on the employee’s behalf. This will be done through the form […]