Benefits Newsletter: 11/24/21
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.
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.
The IRS has released Revenue Procedure 2021-45, which includes cost-of-living adjustments for employee qualified transportation fringe benefits for the 2022 taxable year. This Legal Update contains the 2022 benefit limit amounts.
On Tuesday, Nov. 16, 2021, the 6th U.S. Circuit Court of Appeals won the lottery to hear the challenges to the federal COVID-19 vaccination and testing emergency temporary standard (ETS). This News Brief explains further.
The Occupational Safety and Health Administration published on their website on Nov. 16, 2021, that, due to pending litigation, the implementation and enforcement of COVID-19 vaccine and testing emergency temporary standard is being suspended.
As employers begin to slowly creep back to some sense of normalcy in the workplace, company gatherings, both virtual and in-person, are increasingly being explored as a way to bring employees together again and create a more connected workforce. Historically, the holidays were always a time for parties and celebrations for employers, even if there were clear compliance best practices that needed to be assessed. Today, with the combination of both in-person and virtual events, preparing for holiday revelry at work has never been more complicated. This compliance brief is intended to provide employers with a clearer understanding of the compliance concerns that holiday parties can create in today’s environment and ways to minimize those risks, whether they be virtual or in-person.
The reporting requirements under the Affordable Care Act (ACA) have been in effect since 2015. Many employers, mainly large employers, are already familiar with the rules. However, some employers, particularly those that have grown in size, may lack clarity regarding their reporting obligations under the law. As the deadlines for 2021 ACA reporting roll near, it is important to review the basics of reporting, including any changes that may be applicable for the 2021 reporting year.