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HDHP Enrollment Slipping: What It Means for Employers

InterWest Insurance Services

HDHPs surged in popularity between 2013 and 2021, peaking at 55.7% When HDHPs still make sense Despite the downturn, HDHPs aren’t vanishing, and they are still a good choice for certain groups: Young and healthy workers: People who rarely use medical services can benefit from the low premiums and use HSAs to build tax-free savings.

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"Custo Brasil" or the Absurdly High Cost of Living in Brazil

Ahmed's Universe

Currency exchange rate fluctuations are to blame in only a tiny proportion: when I arrived in Brazil in 2013 US$1 bought close to R$4, by last year it was down to R$1.6, I would single out two of these: high taxes and low worker productivity. High taxes are not in and of themselves a bad thing.

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Pre-tax terms: R is for “Rollover”

Benefit Resource Inc.

When the FSA rollover option was passed in 2013, the goal was to introduce more flexibility toward the treatment of unused funds at the end of the plan year. The post Pre-tax terms: R is for “Rollover” appeared first on Benefit Resource, Inc. Check out our blog “ What are plan highlights and where do I find them?

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SHRM’s Best Kept Secret: the SHRM Foundation

HR Bartender

To help educate HR professionals on the trends impacting the workplace, we introduced a major multi-year thought leadership initiative in 2013. In 2013 and 2014, the Foundation’s annual campaign raised more than $1 million. So if you do find the resources useful, consider making a tax-deductible donation at shrmfoundation.org/donate.

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Sky Sports pundit Stuart Barnes wins £700,000 tax case

Employee Benefits

Credit: MikeDotta / Shutterstock.com Former Sky Sports presenter and columnist for The Times Stuart Barnes has won a first-tier tax tribunal regarding his IR35 status , carrying £695,000 in tax liability. The post Sky Sports pundit Stuart Barnes wins £700,000 tax case appeared first on Employee Benefits.

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Special analysis: Good records save tax penalties

Business Management Daily

Tax audits are all about your records. Have sloppy, incomplete and inaccurate records and you will needlessly pay tax penalties. The IRS determined that a taxpayer was $17,925 in the hole for his income taxes, and, accordingly, was liable for a $3,585 accuracy-related penalty. Tax Court, 2019). Tax Court, 2019).

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What is the Additional Medicare Tax for high earners?

PeopleKeep

High-wage earners pay more than the standard tax payment for Medicare. If you employ highly compensated employees, you must ensure you withhold the correct amount for Medicare taxes. The Additional Medicare Tax is an extra 0.9% This additional payment has been around since 2013 as part of the Affordable Care Act (ACA).

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