IRS Releases New Publication 969 Affects HSAs, MSAs, HRAs, FSAs

By on January 20, 2012 in 969, Publication 969

By Ric Joyner, CEBS, GBA. CFCI Technorati Tags: 969,Publication 969,IRS publication 969,IRS,Tax payers,2011   Publication 969 will assist taxpayers for 2011 tax years.

Read full story • Comments { 0 }

Washington Post Article Sets Stage for Religious Fight and Health Care Rules

By on January 20, 2012 in Uncategorized

Technorati Tags: health care reform,catholic,washington post,birth control Obama administration gives groups more time to comply with birth control rule By N.C. Aizenman, Friday, January 20, 11:51 AM The Obama administration will allow religious organizations an additional year to comply with a new rule requiring employers that offer their workers health insurance to include coverage of [...]

Read full story • Comments { 0 }

Broker Question on W2 Compliance

By on January 18, 2012 in w, W2 Compliance

Technorati Tags: w2 Compliance,w2,PPACA,Health Care Reform,Health insurance,Employer,Employee By Ric Joyner, CEBS, GBA, CFCI Hi Ric, thanks for the information.  You are such a value to us for doing this.  When the ACA first talked about requiring this information I read an opinion from an accounting firm when an employee leaves their employer – he is [...]

Read full story • Comments { 0 }

Legal Alert – Updated Form W-2 Guidance

By on January 17, 2012 in W2 Compliance

Technorati Tags: W2,W2 Compliance,Taxes,IRS,Employer,Employee Legal Alert PDF From the KT Health and Welfare Team:EB Alert Updated Form W-2 Guidance (1-9-2012) Last week, the Internal Revenue Service issued updated rules with respect to informational reporting to employees of their employer-sponsored group health plan coverage. The informational reporting requirement was added by the Affordable Care Act. Under [...]

Read full story • Comments { 0 }

What happens with HSA excess contributions?

By on December 26, 2011 in CEBS, HSA

A QUESTION from a broker: I need your assistance.   One of my clients (who uses a bank to handle the employee HSAs) just determined that several employees have contributed over the maximum for2011.  I have done some research and found that most banks will allow the individuals to complete an “Excess Contribution Form” and withdraw the money [...]

Read full story • Comments { 0 }