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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

Here are the rules that will sunset at the end of 2021: Allowing employees who had declined group health insurance for the 2021 plan year to sign up for coverage. For 2022, the affordability level will be 9.61% of their household income, down from 9.83% in 2021. That’s a change from the prior threshold of 250.

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The Value of Modified Duty Programs – Ask #HR Bartender

HR Bartender

If you leave the employee at home, the insurance carrier pays them to be there. If you bring the employee back to work in a nonproductive light-duty position that has them counting paperclips, you are paying state and federal taxes as well as benefits for an employee who is not contributing anything to your bottom line.

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Taxation of Identity Protection Services

Fringe Benefit Analysts

According to the IRS, identity theft has been the number one consumer complaint to the Federal Trade Commission for 15 consecutive years. Some insurance carriers are now also offering identity protection services to their customers at no additional cost. Are Identity Theft Protection Services Tax Deductible?

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Health Care Reform: 4 Ways to Find Health Insurance for Your Business

Insperity

Though the employer mandate provisions of the Affordable Care Act have been delayed, health care insurance costs, taxes and fees are expected to continue to climb. Postponing your decision to provide health care insurance could prove to be very costly for your business.

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2nd COVID-19 Relief Bill Includes Many Other Changes 2021 & 2022!

Fringe Benefit Analysts

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.

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How to get a contractor’s license

Higginbotham

Assuming you work in a trade that qualifies for general contractor licensing, the process to apply is as follows: Submit your Federal Employer Identification Number (Tax ID). Show proof of unemployment insurance and workers’ compensation coverage. Proof of general liability insurance. Tax registration. NAICS code.