Author Archives: hoffman
Client alert: IRS Extends Deadline for Furnishing Form 1095
Attached please find our client alert on Notice 2018-94, which extends the deadline to provide 2018 Forms 1095-B and 1095-C to employees from January 31, 2019 to March 4, 2019. Note that the deadline for sending the forms to the … Continue reading
Thanksgiving
Happy Thanksgiving to everyone. Please take notice that we will be closing early around noon on Wednesday and reopen Monday the 26th at 9am. Have a good holiday and stay safe
Tax deduction
A short article from the Hartford small biz section about taxes. This is a Tax Deduction Every Small Business Owner Will Hate to Take this Year ; Gene Marks and Ben Gran Sometimes business owners have accounts receivable that will … Continue reading
Harvey Claims
The anniversary of the date Hurricane Harvey made landfall on the Texas coast is quickly approaching on August 25, 2018. Texas law requires TWIA policyholders to report claims for windstorm damage within one year of the date the property was … Continue reading
HSA Contribution Limit Adjustment
IRS Adjusts 2018 HSA Contribution Limit – Again The IRS has announced it is modifying the annual limitation on deductions for contributions to a health savings account (“HSA”) allowed for taxpayers with family coverage under a high deductible health plan … Continue reading
EEOC’s Status Report in AARP v. EEOC
EEOC’s Status Report in AARP v. EEOC Creates Uncertainty for Wellness Programs In its March 30 status report to the U.S. District Court for the District of Columbia in American Association for Retired Persons (AARP) v. EEOC, the EEOC … Continue reading
2018 Hurricane prediction
A scientist with the Global Weather Oscillations is predicting the 2018 Atlantic hurricane season to be somewhat of a repeat of 2017. Claiming this year will bring more devastating storms. According to the GWO, a storm prediction company, this year’s … Continue reading
Our clients often ask us to explain the difference between the replacement cost and the market value of a home. The answer is often much different than people think. Market value can be defined in part as the … Continue reading
Client Alert: DOL Releases proposed Rule
DOL Releases Proposed Rule Expanding Association Health Plans Earlier this month, the U.S. Department of Labor (DOL) issued a proposed rule to expand the opportunity of unrelated employers of all sizes (but particularly small employers) to offer employment-based health … Continue reading
Health FSA Contribution Limits for 2018
IRS Increases Health FSA Contribution Limit for 2018, Adjusts Other Benefit Limits On October 20, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-58, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to … Continue reading
