IR-2019-104, June 5, 2019 WASHINGTON – Although the April filing deadline has passed, scam artists remain hard at work, and the IRS today urged taxpayers…
All group health plans that provide prescription drug coverage to Medicare Part D eligible individuals (whether actively working, retired, or disabled) are required to notify…
The IRS has released the 2020 inflation adjustments affecting Health Savings Accounts and High Deductible Health Plans. The 2020 IRS HSA limits are as follows:…
SIMA supports employers in all areas of their business and is proud to bring you this news regarding Employer Sponsored Retirement Plans. Click here to…
Am I required to file a Form 5500 or 5500-SF for my employee benefit plan? Administrators of ERISA employee benefit plans are required to file…
Each year, employee benefit plan administrators are generally required to file a return/report regarding the plan’s financial condition, investments and operations. The annual reporting obligation…
Mentoring programs are a great way to build a knowledgeable, productive, workforce. They’ve been shown to boost employee satisfaction and engagement, and to reduce turnover.…
SIMA will be closed on Monday, May 27 in observance of the Memorial Day Holiday. Your payroll must be processed a day earlier than normal…
The Tax Cuts and Jobs Act (TCJA), which passed in December 2017, made fundamental changes to the U.S. tax code, and 2018 returns were the…
Last month, the bull market that began in 2009 turned 10 years old and the current economic expansion is about to become the longest in…
A tax credit for wages paid to employees taking FMLA leave may generally be taken by employers who have a written paid family and medical…
May 6, 2019 – Original Content from McGuire Woods On April 25, a federal court revived a 2016 Obama administration requirement that certain employers must…
