Health Premiums and the W-2

Lately, there has been lots of discussion and confusion about the rules surrounding employer-sponsored health premiums and the W-2 (a new requirement stemming from The Affordable Care Act). Let’s break it down to the most commonly misunderstood elements of the law as...

American Payroll Association (APA) Compliance Update

Payroll in 2013 – Higher Social Security Tax Rate; New Withholding Tables — On January 2, 2013, President Barack Obama signed into law the American Taxpayer Relief Act of 2012 (ATRA 2012; H.R. 8). The new law permanently fixes income tax rates at the levels...

HRA or HSA? – Part 3

In HRA or HSA?– Part 1 and HRA or HSA? – Part 2, we took a look at the basic components of the HSA and HRA.  This time, let’s weigh the pros and cons of each benefit and decide which is best for your company. First, let’s list what they have in common. ...

Employee Wellness – For Businesses Large and Small

Wellness Programs aren’t just for the 500+ employee companies anymore.  Regardless of the size of your staff, an employee’s health and well-being impacts your organization’s productivity and bottom line.  Let’s take a look at some...