On Jan. 23, 2019, the DOL issued a final rule that increases the civil penalty amounts that may be imposed on employers under various federal laws for 2019. The increased amounts apply to civil penalties that are assessed after Jan. 23, 2019. This Compliance Bulletin summarizes the new penalty amounts.
Effective Jan. 1, 2020, Washington employees will be eligible for paid family and medical leave benefits. Payroll deductions to fund the paid family and medical leave program will begin Jan. 1, 2019. Employer reporting will also begin in 2019. This Compliance Bulletin provides an overview of the law's benefits and requirements.
This Compliance Overview provides a general summary of federal and state marijuana laws and the court decisions that provide guidance for employers in this area.
If certain requirements are met, Notice 2018-88 proposes that offering an individual coverage HRA would generally:
The IRS began issuing Letter 226-J to ALEs in late 2018 to propose and assess employer shared responsibility penalty liability for the 2016 calendar year.
Several ACA requirements will be affected by changes that take effect in 2019, such as increased dollar limits and affordability percentages. To prepare for 2019, employers should review upcoming requirements and develop a compliance strategy. This ACA Overview provides an ACA compliance checklist for 2019.
The ACA imposes a maximum dollar limit on employees' salary reduction contributions to a health FSA. Although the ACA set this limit at $2,500, the limit is indexed for cost-of-living adjustments each year. On Nov. 15, 2018, the IRS announced that, for taxable years beginning in 2019, the dollar limit on employees' salary reduction contributions to a health FSA will increase to $2,700. This ACA Compliance Bulletin explains the indexed health FSA limit for 2019.
The IRS recently announced cost-of-living adjustments to the annual dollar limits for various welfare and retirement plan limits for 2019. Although some of the limits will remain the same, many of the limits will increase for 2019. This Compliance Bulletin summarizes the 2019 limits for commonly offered employee benefits.
The IRS released final 2018 forms and instructions for ACA reporting under Code Sections 6055 and 6056. The 2018 forms and instructions are substantially similar to the 2017 versions. This ACA Compliance Bulletin provides an overview of the forms and instructions.
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