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USA - May 13 2013
The U.S. Department of Labor has issued model notices for informing existing employees and new hires of health coverage options which will be…
USA - July 2 2012
The Internal Revenue Service (IRS) recently issued Rev. Rul. 2012-18 and interim guidance in Announcement 2012-25 relating to the treatment of auto gratuities as service charges.
USA - May 1 2012
On October 14, 2010, the Department of Labor released final regulations detailing a plan administrator's fiduciary responsibilities regarding disclosure of plan and investment-related information, including fee and expense information, to participants and beneficiaries of participant-directed individual account plans such as 401(k) plans.
USA - January 13 2011
Pursuant to the Patient Protection and Affordable Care Act ("PPACA"), group health plans that cover dependent children must now make such coverage available until the child reaches age 26, and the value of health benefits provided to adult children is excluded from the employee's gross income for federal income tax purposes.
USA - November 23 2010
Corporations that award incentive stock options to employees or sponsor an employee stock purchase plan are now required to use the Internal Revenue Service's newly issued Forms 3921 and 3922 in order to comply with the participant information statement and IRS information return requirements of Section 6039 of the Internal Revenue Code.
