AP Benefit Advisors Blog Archives - Employee Benefits I AP Benefit Advisors

IRS and Departments of Treasury and Labor Announce Plan to Implement Coronavirus-Related Paid Leave for Workers and Tax Credits for Small & Midsize Businesses

Over the weekend, the U.S. Treasury Department, Internal Revenue Service (IRS), and the U.S. Department of Labor (Labor) announced that small and midsize employers can begin taking advantage of two new refundable payroll tax credits, designed to immediately and fully reimburse them, dollar-for-dollar, for the cost of providing Coronavirus-related leave to their employees. This relief […]

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HRCI & SHRM Pre-Approved Webinar | USCIS Form I-9: Purpose, Completion and Audit

Do you understand the requirements of the Form I-9 to ensure accuracy and compliance with employment eligibility verification? Immigration related accountability is on the rise. The United States Immigration and Customs Enforcement (ICE) continues to focus on worksite enforcement in 2020. An increasing number of companies are now requiring the use of E-Verify as a […]

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Overwhelming Vote Passes Cornoavirus Relief Bill

The U.S. House of Representatives passed the Families First Coronavirus Response Act (the “Act”) in an overwhelming vote on Saturday, March 14, 2020. President Trump has endorsed the legislation and the U.S. Senate is expected to vote on it today. The Act will be the second emergency Coronavirus response measure to be passed. President Trump had previously […]

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CMS FAQs on Essential Health Benefits and COVID-19

The Centers for Medicare & Medicaid Services (CMS) released a list of frequently asked questions (FAQs) on Essential Health Benefit (EHB) coverage and the Coronavirus (COVID-19). Under the Affordable Care Act (ACA), EHB reflects the scope of benefits covered by a typical employer and covers at least 10 specified categories of items and services. CMS’ FAQs: 1.Does […]

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IRS HDHP-HSA Plans May Cover Coronavirus Costs as Preventive Care

Today, in IRS Notice 2020-15, the Internal Revenue Service advised that HDHPs (High-Deductible Health Plans) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status. This also means that an individual with an HDHP that covers these costs may continue to contribute to a health savings account (HSA).   In Notice […]

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HHS Releases Federal Poverty Level Guideline Updates for 2020

Author: Nathanael M. Alexander, Esq., Director of Compliance – AP Benefit Advisors On January 17, 2020, the Department of Health and Human Services (HHS) published the updated Federal Poverty Level (FPL) guidelines for 2020. The revised FPL guidelines are effective as of January 15, 2020, with the new FPL level set at $12,670 for a person […]

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DOL Increases Civil Penalty Amounts for 2020

On January 15, 2020, the Department of Labor (DOL) released its 2020 inflation-adjusted civil monetary penalties that may be assessed on employers for violations of a wide range of federal laws, including: The Fair Labor Standards Act (FLSA); The Employee Retirement Income Security Act (ERISA); The Family and Medical Leave Act (FMLA); and The Occupational Safety and […]

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HRCI & SHRM Pre-Approved Webinar | The ABCs of FMLA & ADA: Basics of the Family Medical Leave Act & Americans with Disabilities Act

Think you could pass a pop quiz on FMLA and ADA? It’s typically left out of discussions about employee welfare benefits regulations, so even the most dedicated student may be a little fuzzy on the details. Topics: Essentials for both FMLA & ADA and why they exist Characteristics of each Common questions among benefits professionals […]

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2019 4th Quarter Compliance Update

Topics include: IRS Offers Another Extension for 1094s and 1095s 2019 ACA Forms & Instructions Change in Benefits? A New SBC Template Will be Required for 2021 Are You an ALE for 2020? DOL Issues Model Health Care Transparency Disclosure Documents 2019 Year-End Round Up: ACA Changes – The Good, the Bad and the Ugly […]

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