Formerly S.S. Nesbitt Rebranding FAQ
Compliance ✔- 2019 Draft Forms 1094 / 1095 Released

Compliance ✔- 2019 Draft Forms 1094 / 1095 Released

The IRS released drafts of Forms 1094-C, 1095-C, 1094-B, 1095-B and instructions for employers to report on health coverage offered in 2019, as required by the Affordable Care Act. The forms and instructions are similar to last year’s documents, so employers and...
Compliance ✔- 2020 Limit for Health FSA and More

Compliance ✔- 2020 Limit for Health FSA and More

The IRS issued the 2020 Health FSA limit, which increased $50 to $2,750. If an employer’s cafeteria plan document states that the contribution limit reflects the maximum allowable by the IRS, then no changes are necessary. However, if the document states a...