Compliance Corner for January 2020

Announcements

January Get Wise Wednesdays Webinar: Register Now

Reminder: Form W-2 Cost of Coverage Reporting

Can an employee remove their spouse from coverage during open enrollment in anticipation of a divorce?

Health Care Reform

Congress Repeals the ACA’s Cadillac, HIT, and Medical Device Taxes; Revives PCOR Fee; and Extends the Paid Family and Medical Leave Tax Credit

Fifth Circuit Rules ACA Individual Mandate Unconstitutional, But Does Not Rule on Whether Entire ACA Must Fall

IRS Releases Draft 2019 Instructions for Form 8941

Federal Health

IRS Announces 2020 Mileage Rates for Medical Expenses

Comment Period for Proposed “Transparency in Coverage” Rule Extended

Retirement Updates

SECURE Act Adopted in Government Appropriations Bill

IRS Reiterates the Requirement to Execute Written Plan Documents

State Updates

Massachusetts

Michigan

New York

Texas

Washington

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The content herein is provided for general information purposes only, and does not constitute legal, tax, or other advice or opinions on any matters. This information has been taken from sources which we believe to be reliable, but there is no guarantee as to its accuracy.