The EEOC announces proposed addition of compensation data to annual EEO-1 Reports On January 29, 2016 the Equal Employment Opportunity Commission (EEOC) along with the White House announced a proposed revision to the Employer Information Report (EEO-1) that will require employers with 100 or more employees to report compensation data for their employees. This will include collecting pay […]
BCL Systems HR Blog
Affordable Care Act (ACA) Tax Reporting Deadlines are Extended
On December 29, 2015, the IRS published extended deadlines for issuance and filing of the new Affordable Care Act tax forms: Form Original Reporting/Filing Date Extended Reporting/Filing Date Form 1095-B Health Coverage (Distributed by insurance carriers, self-insured ALE or other coverage providers) Feb. 1, 2016 (Send to the covered individual) March 31, 2016 Form […]
Avoid Obamacare Scams
Obamacare confusion creates opportunity for fraud. The Federal Trade Commission is already receiving complaints from people who have been contacted by individuals claiming to need information in order to help the person comply with the Affordable Care Act (Obamacare). They may ask for social security numbers, financial information, a current health insurance card number or […]
Ready, Set, Get Prepared for Obamacare!
Obamacare Accounts Can Be Registered Today The Health and Human Services Department (HHS) announced today that individuals don’t have to wait until October to set up their accounts for enrollment in healthcare. An individual will not be able to actually enroll until October 1, 2013. However, in an effort to get people ready for the […]
Employer Shared Responsibility Penalty Delayed
Employer Pay or Play Penalty Delayed to 2015 from BCL Systems, Inc. The Employer Shared Responsibility Penalty under the ACA Will Not Be Assessed by IRS until 2015 The Treasury Department recently announced that the IRS will not enforce the employer shared responsibility penalty. Under the Affordable Care Act (ACA), an employer with more than […]
Same-Sex Marriages in California are Legal Again
U.S. 9th Circuit Court of Appeals smoothed the way for same-sex marriages to begin again in California Less than 48 hours after the U.S. Supreme Court refused to overturn the lower Court’s ruling that Proposition 8 (which banned same-sex marriages) was unconstitutional in California, the first marriage license was issued. This means that the State […]
US Supreme Court’s Decision on the Defense of Marriage Act (DOMA)
Actions Employers Need to Take in Response to the Ruling on DOMA The US Supreme Court ruled that Section 3 of the Defense of Marriage Act (DOMA) was unconstitutional. This was the section of DOMA that defined a marriage being between same sex couples. The results of this ruling is that now many domestic partners […]
The Affordable Care Act’s Effect on COBRA
Beginning in October, 2013 enrollments in the Insurance Marketplace (State or Federal Exchanges) will begin. Since former employees will now be eligible for coverage under one of the State Insurance Marketplace plans, what happens to COBRA coverage? Does an employer still have to offer COBRA coverage? Will employees elect COBRA coverage? Will former employees be […]
New Health Savings Account
New Health Savings Account (HSA) Limits The IRS announces HSA Limits for 2014 The IRS announced the limits for 2014 for Health Plans that have a Health Savings Account. IRS Notice 2014 HSA Annual Contribution Limit Individual (self-only coverage) – $3,300 (For 2013 the limit is $3,250) Family Coverage – $6,550 (For 2013 the limit […]
HR Q&A: COBRA and PPACA
HR Q & A COBRA and PPACA This week’s question has to do with COBRA and the impact of PPACA. We have received a number of questions on COBRA regarding adult dependents. While the answer seems to be straight forward, some employers and employees are confused by the new regulation’s impact on COBRA. Q. Does […]