WEX Inc.

DECEMBER 18, 2024

Flexible spending accounts (FSA) Flexible spending accounts (FSAs) offer a valuable tax-advantaged benefit, but the IRS use-or-lose rule can result in forfeited funds if employees dont use their balances by the deadline. State-level paid leave programs Many states are introducing or updating paid family and medical leave programs.

Family and Medical Leave Act 52

Family and Medical Leave Act Flexible Spending Account Flexible Spending Insurance Carriers 52

Higginbotham

FEBRUARY 11, 2022

Most all insurance carriers are handling the coverage and availability requirements for their clients. California Passes Supplemental COVID-19 Paid Sick Leave. Supplemental paid sick leave must be provided in addition to any accrued paid sick time required under California law. Employer Takeaway.

Paid Sick Leave 52

Paid Sick Leave Insurance Carriers Paid Leave Flexible Spending 52

Fringe Benefit Analysts

JANUARY 25, 2021

Tax Provisions. Families First Coronavirus Response Act (FFCRA) passed early in 2020 enacted a temporary Paid Leave Act (EPSL) as an extension of the Family Medical Leave Act (FMLA). The company receives a Tax Credit on their Quarterly Taxes to help pay for this leave. Compensation Transparency. ·

Family and Medical Leave Act 40

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

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

Higginbotham

MARCH 1, 2022

If your business hires employees, you will need to file an employer status report for unemployment compensation with the Connecticut Department of Labor , register for the Connecticut Paid Leave program and have workers’ compensation insurance. Show proof of unemployment insurance and workers’ compensation coverage.

Construction 52

Construction Insurance Taxes Workers’ Compensation 52