Compliance Bulletin:  Employee Benefit Plan Limits for 2019.  Read more here.

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]


IRS Reverses Decision for 2018 Family Coverage HSA Limit

April 30, 2018

Note:  This information was released late last week reversing our blogpost from March 19th.  The IRS released Revenue Procedure 2018-27 that allows health savings account (HSA) holders to treat $6,900 (rather than the previously announced in-year decrease to $6,850) as… [more]


IRS Reduces HSA Limit for Family Coverage for 2018

March 19, 2018

The Internal Revenue Service (IRS) released the Revenue Procedure 2018-18 on March 5th to announce changes to certain tax limits for 2018, including a contribution reduction limit for Health Savings Accounts (HSAs). The IRS originally announced the inflation-adjusted limits for… [more]


ACA Taxes Affected by Short-Term Spending Resolution

January 29, 2018

A short-term spending resolution has been signed into law by President Donald Trump on January 22, 2018 thus ending a government shutdown, and continuing to fund the government through February 8, 2018. This continuing resolution impacts the following three taxes… [more]


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