Category: Aisling University Employee Benefits Newsletters

IRS Penalties for Small Employers Reimbursing Individual Premiums Will Not Apply Until July 2015

IRS Notice 2015-17 provides limited transition relief from the assessment of excise taxes for small employers who reimburse, or directly pay, the premium for an employee’s individual health insurance policy.   Prohibited Plans An “employer payment plan” is an arrangement under which an employer reimburses an employee for some or all of the premium expenses […]

Final Forms and Instructions for Employers to Report Health Coverage and ACA Compliance

The IRS has released finalized forms and instructions for employers subject to the new information reporting requirements under the Affordable Care Act (ACA): Forms 1094-C and 1095-C will be used by large employers (generally those with at least 50 full-time employees, including full-time equivalents) to report information to the IRS and to their employees about […]

FMLA Protections Extended to All Eligible Employees in Same-Sex Marriages

Effective March 27, 2015, a final rule from the U.S. Department of Labor (DOL) will extend the protections of the federal Family and Medical Leave Act (FMLA) to all eligible employees in legal same-sex marriages, regardless of where they live. Under the FMLA, an eligible employee of a covered employer (50 or more employees in […]

3 Things to Consider When Terminating an Employee

Terminating an employee is never a pleasant task, but at times it is a necessary part of managing your workforce. Here are some steps you can take to protect your business against possible wrongful termination claims:   1. Understand the Employment At-Will Rule Almost all states recognize employment at-will. This means that, absent a law […]

Updated Model CHIP Notice for Employers

An updated model notice is now available for employers that provide group health coverage in states with premium assistance through Medicaid, or the Children’s Health Insurance Program (CHIP), to inform employees of potential opportunities for assistance in obtaining coverage. The employer CHIP notice must be provided annually before the start of each plan year. An […]

Additional Guidance on Retroactive Increase for 2014 Monthly Transit Benefits

IRS guidance on how to apply the retroactive increase for monthly transit benefits in 2014 is now available for employers. As announced in December, the monthly exclusion for combined commuter highway vehicle transportation and transit passes was retroactively increased from $130 to $250, until January 1, 2015. The guidance provides a special administrative procedure for […]

OSHA Summary of Work-Related Injuries and Illnesses Must Be Posted From February 1-April 30

Employers subject to the recordkeeping requirements of the federal Occupational Safety and Health Act (generally those employers with more than 10 employees, except for those in certain low-hazard industries in the retail, finance, insurance, real estate, and service sectors) are reminded to post OSHA Form 300A, Summary of Work-Related Injuries and Illnesses, from February 1 […]

3 Steps to Eliminating Sexual Harassment in the Workplace

As highlighted in a recent U.S. Equal Employment Opportunity Commission (EEOC) meeting, harassment of all types continues to be a major problem in the workplace. According to one speaker, one in four women faces harassment in the workplace. Prevention is the best tool to eliminate harassment. Employers should clearly communicate to employees that sexual harassment […]

Retirement Planning Resources for Your Business

It’s never too early to start taking advantage of the benefits of retirement planning. As a business owner, a retirement plan allows you to invest now for financial security when you and your employees retire. As a bonus, you and your employees can receive significant tax advantages and other incentives. Consider the following benefits of […]