HR Newsletter: 2/22/23
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
COVID-19 Emergency Declarations Coming to an End: Impact on Group Health Plan Sponsors
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
2023 HR Leaders Compliance Summit
We are excited to invite you to Acrisure’s third annual virtual HR Leaders Compliance Summit (HRLCS) on March 7–9, 2023. A great agenda is planned and you can earn continuing education credits while participating in the conversation.
Benefits Newsletter: 2/16/23
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
HR Newsletter: 2/10/23
With Employee Benefits & HR topics regularly in the news, it’s difficult to stay up to date. Our weekly newsletter will help you stay current. Check out this week’s edition.
Tax Avoidance Schemes
Absent an exception, all benefits provided by employers to their employees must be included in taxable income. Fortunately, the Internal Revenue Code (IRC) provides several exceptions that allow health benefits to be provided on a tax-free basis. However, the rules surrounding these benefits can be complicated and in recent years have been exploited to market to employers tax-savings programs. These programs promise attractive tax savings but leverage impermissible methods to deliver them, presenting a significant risk to employers who buy in.