Fringe Benefit Analysts

JUNE 15, 2020

Also known as a PCORI fee, it had a sunset date on a group’s medical plan anniversary date in 2019. As the saying goes, “Once a tax, always a tax.” While Form 720 is filed quarterly for several other federal excise taxes, the PCORTF fee is only required annually, on the second-quarter filing.

Medical 52

Medical Insurance Carriers Health Insurance Taxes 52

Corporate Synergies

FEBRUARY 11, 2019

A flexible spending account (FSA), which can be used to cover childcare and medical costs tax-free. A health savings account (HSA), which can also be used to cover medical expenses tax-free. But increasingly, doctors offer additional genetic screening and diagnostic tests that may not be covered under insurance.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

Higginbotham

JUNE 7, 2022

Most employers have already been contacted by their carrier or third-party administrator (TPA) and will rely on their insurance carriers or TPAs to provide the MRFs. The fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). Employer Takeaway. Calculating the PCORI Fee Payment.

Family and Medical Leave Act 52

Family and Medical Leave Act Health Insurance Insurance Carriers Insurance 52

Genesis HR Solutions

AUGUST 19, 2020

Not only do PEO clients get expertise from their PEO partners, they no longer need to do the grunt work for the administration of their company’s HR, benefits, tax, payroll, and compliance issues, giving them time to focus on the core functions of their business—and focus on growth. Managing insurance carrier relationships.

Work From Home 52

Work From Home Professional Employer Organization Insurance Carriers Human Resources 52

Benefits Notes

MARCH 31, 2021

The ARPA also allows the employer, insurer, or multiemployer plan sponsor who subsided the premiums to offset the cost by claiming a new federal tax credit. The subsidy is tax-free to the individual receiving the subsidy. Tax Credit. Below is a summary of the ARPA’s COBRA subsidy provisions.

Family and Medical Leave Act 40

Family and Medical Leave Act Employee Benefits Taxes Pension 40

Fringe Benefit Analysts

JANUARY 25, 2021

Tax Provisions. The company receives a Tax Credit on their Quarterly Taxes to help pay for this leave. You can still receive the Tax Credit as it applies, but it remains with only two weeks of paid leave through both years. We are independent and sell a variety of insurance plans with many insurance carriers.

Family and Medical Leave Act 40

Family and Medical Leave Act Paid Leave Health Insurance Insurance Carriers 40