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IRS releases 2011 Form 8941 for Small Business Health Care Tax Credit

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • January 30 2012

Employers that pay average wages of less than $50,000 per year and have less than 25 full-time employees may be eligible for a tax credit under PPACA, which is designed to encourage small employers to offer health insurance coverage for the first time or maintain existing coverage

AFTAP certification for single-employer defined benefit plans due by March 31, 2011, for calendar year plans

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • February 17 2011

Effective for plan years beginning after 2007, the PPA requires actuaries of single-employer defined benefit plans to determine and certify the plan's adjusted funding target attainment percentage (AFTAP

Departments release additional PPACA frequently asked questions

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • February 22 2013

On January 24, 2013, the Department of Labor (DOL), HHS and the IRS jointly released a new list of frequently asked questions (FAQs) in the series

2010 Medicare Part D subsidy reconciliation due April 2, 2012, for calendar-year plans

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • January 30 2012

A plan sponsor that applied for the Medicare Part D Retiree Drug Subsidy must file a reconciliation with CMS no later than 15 months after the end of the plan year, which is April 2, 2012, for the plan year ending December 31, 2010

Department of Labor finds that PTE 86-128 applies to "investment advice" fiduciaries

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • August 15 2011

In Advisory Opinion 2011-08A, the Department of Labor (DOL) concluded that the prohibited transaction exemption (PTE) under Class PTE 86-128 applies to "investment adviceā€ fiduciaries

IRS releases covered compensation tables for 2012

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • February 16 2012

The IRS has issued its two annual covered compensation tables for the 2012 plan year

HHS issues proposed regulations regarding verification of employee eligibility for advance tax credit and employers' limited appeal rights

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • February 22 2013

On January 14, 2013, HHS issued proposed regulations clarifying the process by which exchanges will verify an employee's eligibility for advance

IRS audits defined benefit pension plans for PPA compliance

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • July 12 2012

The IRS has conducted a series of audits of single-employer defined benefit pension plans relating to changes to funding requirements and administrative practices required under the Pension Protection Act of 2006 (PPA

Primer on making employee wellness programs healthy for health care providers

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • March 5 2013

A growing number of private employers are implementing wellness programs aimed at promoting good health, reducing absenteeism and employee turnover

IRS defines "readily tradable" employer securities

  • Reinhart Boerner Van Deuren SC
  • -
  • USA
  • -
  • March 22 2011

In Notice 2011-19, the IRS provided guidance on when securities of an employer are readily tradable on an established securities market or readily tradable on an established market for purposes of certain Code provisions relating to employer securities held by employee stock ownership plans (ESOPs