Cadillac Tax Delayed until 2022
Delayed Again but Not Repealed The recent government funding bill included a provision to delay the Cadillac Tax further. The tax is a 40% excise tax on plans with value over certain indexed thresholds. The stopgap funding bill also amends other tax provisions that were part of the Affordable Care Act, such as delaying the […]
The New Federal Paid Leave Tax Credit
The new federal paid leave tax act created a credit for employers that provide paid family and medical leave to employees. This will be in effect at least until the end of 2019. The IRS and Treasury Department have not yet issued official guidance regarding the credit. Tax Credit Summary Employer Credit for Paid Family […]
When Should Your Business Outsource HR?
It is not uncommon for businesses to outsource specific human resource functions. Companies have been using third-party vendors for payroll services, background checks, etc. for years. What is surprising, though, is the rapid growth this industry has had over the last decade. Today, human resources is a multi-billion dollar industry. Why? Generally speaking, HR is […]
