2020 ACA Overview & Compliance Checklist…Click here for the full article.

2020 Key HSA Features

November 5, 2019

High deductible health plans (HDHP) in conjunction with a health savings account (HSA) are increasing in popularity as more employees opt for this type of insurance plan and it’s all important tax advantage on the health savings account.  HSAs can… [more]


NJ Health Insurance Mandate – Information for Employers

May 6, 2019

The following information is directly from the Official Site of The State of New Jersey Starting with Tax Year 2019, the New Jersey Legislature requires third-party reporting to verify health coverage information provided by individual taxpayers. That means employers must provide New… [more]


The ACA Remains in Place Pending Recent Appeal

January 23, 2019

Federal Judge, Reed O’Connor, recently ruled that the entire Affordable Care Act (ACA) is invalid due to the elimination of the individual mandate penalty this year.  The individual mandate penalty was reduced to zero starting in 2019 as a part… [more]


Health FSA (Flexible Spending Account) 2019 Limit Increases

December 3, 2018

The Internal Revenue Service released Revenue Procedure 2018-57 on November 15, 2018.  This IRS release increases the health FSA (Flexible Spending Account) dollar limit on employee salary reduction contributions for taxable years beginning in 2019.  The dollar limit has been… [more]


ACA Reporting – Final Forms for 2018 Released

October 17, 2018

The Internal Revenue Service (IRS) has released the final forms for 2018 ACA Reporting under IRS code Sections 6055 and 6056.  Applicable large employers (ALEs) will use 1094-C and 1095-C to report under Section 6056 as will ALEs who sponsor… [more]


Brown & Brown Benefit Advisors