WEX Inc.

SEPTEMBER 19, 2024

The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. WEX receives compensation from some of the merchants identified in its blog posts. The post Vision expenses piling up?

Health 98

Health Flexible Spending Account Health Savings Account Flexible Spending 98

WEX Inc.

OCTOBER 30, 2024

Health savings accounts (HSAs) HSA participants save money by contributing funds to their HSA pre-tax. Ensure these resources highlight the triple-tax savings, long-term investment potential, and portability between jobs that HSAs offer. Blog posts and podcasts: Share blog posts and record podcasts that delve into the value of LSA.

Education 95

Education Health Savings Account Taxes Consulting 95

PeopleKeep

JULY 22, 2024

With a QSEHRA, small employers can reimburse employees tax-free for qualifying medical expenses, including individual insurance premiums. In this blog, we’ll briefly review how the QSEHRA works and discuss the pros and cons you need to know before implementing it at your company.

Benefits Package 105

Benefits Package Medical Taxes Insurance 105

WEX Inc.

JULY 30, 2024

The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. WEX receives compensation from some of the merchants identified in its blog posts. Watch our podcast episode below!

Taxes 98

Taxes Education Benefits Package Salary 98

WEX Inc.

NOVEMBER 21, 2024

Additionally, health savings accounts (HSAs) continue to gain attention as a powerful tool for retirement planning, offering tax advantages and the ability to save for future healthcare costs. Stay up to date on the latest in benefits by subscribing to our blog! The information in this blog post is for educational purposes only.

Employee Benefits 104

Employee Benefits 401(k) Employment Health Savings Account 104

WEX Inc.

OCTOBER 29, 2024

In the final blog post of our three-part series to educate first-time participants, we explore all the unknown voluntary benefits terms and bring clarity of information to first-time participants. Check out our other first-timer series blog posts on health plans and employee benefits. It is not legal or tax advice.

Voluntary Benefits 93

Voluntary Benefits Life Insurance Health Insurance 93

WEX Inc.

DECEMBER 3, 2024

Subscribe to our blog so you’ll get benefits tips sent right to your email inbox! The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

Flexible Spending Account 98

Flexible Spending Account Flexible Spending Medical Taxes 98

WEX Inc.

JULY 9, 2024

By contributing more to your HSA, you can use these pre-tax funds to pay for eligible routine or unexpected healthcare expenses that your healthcare plan may not cover. Funds generally grow tax-free within an HSA, but only about 8% of HSAs are investing. The information in this blog post is for educational purposes only.

Health Savings Account 98

Health Savings Account Healthcare Medical Taxes 98

McDermott Will & Emery Employee Benefits

APRIL 11, 2024

Taxes can have a significant impact on family offices, influencing decisions around structure, investing and overall planning strategies. McDermott’s Family Office Tax webinar series explores the latest trends and guidance on tax planning for family offices and identifies opportunities to optimize tax efficiency.

Taxes 105

Taxes Employee Benefits Executive Compensation Retirement Plan 105

WEX Inc.

NOVEMBER 14, 2024

Health savings accounts have a triple-tax advantage, meaning distributions for qualified medical expenses and investment returns are tax-free, and contributions are tax-deductible. You won’t need to pay Social Security or Medicare tax on the funds going into the FSA. It is not legal or tax advice.

401(k) 98

401(k) Flexible Spending Account Health Savings Account Flexible Spending 98

McDermott Will & Emery Employee Benefits

MAY 23, 2024

The New York State fiscal year 2024 – 2025 budget institutes a new tax on health plans, including insurers and managed care organizations. This tax has been garnering attention for its promise to yield $4 billion for New York State.

Taxes 98

Taxes Insurance Employee Benefits Management 98

Qandle

JANUARY 29, 2025

For companies of all sizes, adhering to labor rules, tax laws, and industry standards is a major challenge. In this blog, well explore how payroll software can help organizations eliminate compliance risks, streamline payroll processes, and provide peace of mind for HR professionals and business owners. exempt vs. non-exempt).

Payroll Software 90

Payroll Software Software Payroll Overtime 90

Ahmed's Universe

SEPTEMBER 28, 2013

The only thing growing at double-digit figures in Brazil are prices There are several reasons why prices are so high: poor infrastructure, red tape, high taxes, low productivity. I would single out two of these: high taxes and low worker productivity. High taxes are not in and of themselves a bad thing.

Taxes 295

Taxes Transportation Education Hospitality 295

McDermott Will & Emery Employee Benefits

JUNE 21, 2022

The New Jersey Supreme Court upheld two decisions by lower state courts in May to dismiss litigation challenging Jersey City’s ordinance that taxes city employers’ payroll but exempts residents. The post New Jersey High Court Upholds Jersey City Payroll Tax appeared first on EMPLOYEE BENEFITS BLOG.

Taxes 98

Taxes Payroll Employee Benefits Employment 98

3Sixty Insights

DECEMBER 13, 2023

As regulations evolve and new complexities are introduced at an accelerated pace, expect compliance to remain a continuously moving target for payroll […] The post SAP Blog – SAP SuccessFactors Employee Central Payroll Expands Globally Adding its 50th Country Calc Engine for Greece appeared first on 3Sixty Insights, Inc.

Engineering 132

Engineering Payroll IT Technology 132

Flimp Communications

DECEMBER 5, 2024

April: Essential Money-Saving Tips April is tax season, and money will be on your employees’ minds. In particular, they will be looking to maximize their tax refunds, but even non-tax-related financial advice is welcome this time of year.

Healthcare 105

Healthcare Taxes Voluntary Benefits PTO 105

McDermott Will & Emery Employee Benefits

JUNE 8, 2022

Despite the easing lockdowns, the trend is likely to stay, particularly with “workstations” being actively promoted by the travel industry; however, there are considerable tax consequences for international employers. The post German Tax Aspects of Cross-Border Remote Working appeared first on EMPLOYEE BENEFITS BLOG.

Taxes 98

Taxes Employee Benefits Employment 98

McDermott Will & Emery Employee Benefits

JULY 26, 2022

Last month, the Washington Court of Appeals affirmed a lower court’s decision to dismiss a challenge to the recently enacted payroll expense tax in Seattle, WA. The tax, which went into effect on January 1, 2021, […]. The post Seattle Payroll Expense Tax Upheld by State Appellate Court appeared first on EMPLOYEE BENEFITS BLOG.

Taxes 94

Taxes Payroll Employee Benefits Executive Compensation 94

McDermott Will & Emery Employee Benefits

DECEMBER 14, 2022

Retirement plan sponsors need to utilize updated Form W-4P (for periodic pension and annuity payments) and new Form W-4R (for nonperiodic payments and eligible rollover distributions) for income tax withholding elections beginning January 1, 2023.

Retirement Plan 98

Retirement Plan Taxes Pension Utilities 98

WEX Inc.

MARCH 7, 2023

The season for filing taxes is upon us once again. We wanted to share a few tips and reminders about the health savings account (HSA) information you’ll need for your tax return. Make sure your W-2 form shows HSA payroll contributions Provided by your employer, your W-2 shows the wages you earned and any taxes withheld.

Taxes 98

Taxes Health Savings Account Deductions Deductible 98

McDermott Will & Emery Employee Benefits

MAY 31, 2023

For decades, promoters have marketed programs to employers seeking to leverage the favorable tax treatment accorded employer-provided medical benefits. These programs are variously described as “wellness” or “preventive services” arrangements, and they are usually wrapped in or offered with hospital indemnity policies.

Hospitality 96

Hospitality Taxes Payroll Medical 96

McDermott Will & Emery Employee Benefits

AUGUST 10, 2023

In light of recent Internal Revenue Service (IRS) guidance, employers should carefully examine any supplemental health plan, program or arrangement (which may or may not claim to leverage fixed indemnity insurance) that promises substantial payroll tax savings.

Taxes 98

Taxes Insurance Employment Payroll 98

Benefit Resource Inc.

APRIL 7, 2023

Since April is Stress Awareness Month, we’ve highlighted five pre-tax benefit services and resources to keep your stress levels low and your health levels high. You can also read our blog on substantiation. Each dollar going into a pre-tax benefit account saves you 30 to 40 cents per dollar.

Taxes 98

Taxes Flexible Spending Account Health Savings Account Flexible Spending 98

McDermott Will & Emery Employee Benefits

SEPTEMBER 8, 2022

The post Responsible Financial Innovation Act: Proposed Tax and Reporting for Digital Assets appeared first on EMPLOYEE BENEFITS BLOG. The bill is intended to establish some legal clarity for regulators and the industry and to protect consumers […].

Taxes 98

Taxes Employee Benefits Retirement Plan Commissions 98

WEX Inc.

JULY 24, 2024

The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers. WEX receives compensation from some of the merchants identified in its blog posts.

Health Savings Account 59

Health Savings Account Taxes Health Insurance Consulting 59

HR Bartender

JULY 11, 2023

You can stay up to date on HCM topics with the ADP Spark blog. A great example of this is my taxes. Can I prepare my own taxes? The time I spend doing tax-related stuff could be better spent generating revenue by working on client projects or building my business. I must keep my employment tax knowledge current.

Taxes 95

Taxes Employment Payroll Payroll System 95

Money Talk

OCTOBER 6, 2022

Blogging Tips - Bloggers should post at least once a week and use keywords (for easier searchability) and graphics (to attract users and keep them online longer). Blogs should also include a disclaimer stating that posts are for educational purposes only and do not constitute personalized advice. net investment income tax (NIIT).

Taxes 188

Taxes Finance Education Retirement Plan 188

Money Talk

JULY 13, 2022

I recently wrote a blog post about doing a mid-year financial check-up in early July so you have six months to work on planned action steps. Also be sure to adjust tax withholding for RMD withdrawals using quarterly estimated tax payments to the IRS or tax withholding by the retirement plan custodian.

Taxes 189

Taxes Retirement Plan Finance Consulting 189

WEX Inc.

DECEMBER 11, 2024

You can use pre-tax dollars to save money on purchases such as hot/cold packs and heating pads. The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

Flexible Spending Account 52

Flexible Spending Account Health Savings Account Flexible Spending Taxes 52

WEX Inc.

AUGUST 7, 2024

Stay up to date on the latest in business payments by subscribing to our blog! The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax, and investment advisers.

Banking 59

Banking Taxes Education Finance 59

WEX Inc.

JULY 31, 2024

Stay up to date on the latest in business payments by subscribing to our blog! The information in this blog post is for educational purposes only. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax, and investment advisers.

Commissions 59

Commissions Taxes Banking Finance 59

WEX Inc.

OCTOBER 17, 2024

One intriguing possibility is that lower drug prices could lead to a shift in how employees use tax-advantaged benefits like HSAs and flexible spending accounts (FSAs). The information in this blog post is for educational purposes only. It is not legal or tax advice.

Employee Benefits 59

Employee Benefits Flexible Spending Account Health Savings Account Out of Pocket Cost 59

Money Talk

JULY 21, 2022

Almost a year ago, in August 2021, I wrote a blog post for the OneOp Personal Finance team about inflation-fighting ideas for military families. At that time, many experts predicted that inflation would be “transitory” and subside quickly as supply chain “issues” related to the pandemic got resolved.

Finance 245

Finance Overtime Food Insurance 245

WEX Inc.

SEPTEMBER 4, 2024

For first-time health insurance and benefits electees, we’re kicking off a three-part blog series just for you to walk through considerations when making these decisions. If HSA and FSA participation will play a big role in your health plan decision, check out this blog post to learn more about the differences between the two accounts.

Deductions 52

Deductions Deductible Flexible Spending Account Healthcare 52

WEX Inc.

DECEMBER 2, 2024

Stay up to date on the latest in business payments by subscribing to our blog! The information in this blog post is for educational purposes only. It is not legal, tax or investment advice. For legal, tax or investment advice, you should consult your own legal counsel, tax, and investment advisers.

Technology 105

Technology Taxes Consulting Education 105

WEX Inc.

FEBRUARY 12, 2025

New regulations could affect everything from healthcare policies and labor laws to tax laws, all of which play a key role in benefits administration. These experts stay up to date on regulatory changeswhether its tax laws, healthcare reform, or state-specific mandatesensuring your benefits programs remain compliant. With the 2024 U.S.

Healthcare 52

Healthcare Health Insurance Taxes Paid Leave 52

McDermott Will & Emery Employee Benefits

JULY 20, 2023

A recent Internal Revenue Service (IRS) memorandum addresses the tax status of certain fixed-indemnity health plans that promise employers major payroll tax savings. The post IRS Clarifies Status of Fixed-Indemnity Health Plans Claiming Big Tax Savings appeared first on EMPLOYEE BENEFITS BLOG. Read the article.

Taxes 75

Taxes Payroll Employee Benefits Employment 75