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The Families First Coronavirus Response Act (FFCRA): What you need to know

Insperity

The Families First Coronavirus Response Act (FFCRA or Act) is part of the federal government’s effort to minimize the economic impact felt by American families dealing with the COVID-19 global pandemic. Together with the Coronavirus Aid, Relief and Economic Security (CARES) Act, also enacted by the U.S.

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Trends to watch for in 2020 at the IRS

Business Management Daily

Most deal with implementing the Tax Cuts and Jobs Act: Guidance on the definition of “qualifying relative” for individual income tax purposes. Employees may account for tax dependents in Step 3 of the 2020 W-4. Guidance on contributions to and benefits from paid family and medical leave programs.

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Reconsidering your employee benefits priorities

Health Consultants Group

Whether their families battled the virus or not, they have all endured a life-changing event. After a year of unprecedented medical and personal experiences, employees can easily detect holes in their benefits plans. In 2020, they surveyed 2,504 active HR professionals. Respondents provided answers based on their experiences.

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Post-COVID record keeping — what you’re required to keep

Business Management Daily

Then Congress passed a series of laws designed to protect employees, provide limited paid leave, and help employers pay workers. The Families First Coronavirus Relief Act. The Families First Coronavirus Relief Act (FFCRA). The Family and Medical Leave Act ( FMLA ) doesn’t either.

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A closer look at the Families First Cornoavirus Response Act

Business Management Daily

6201, Families First Coronavirus Response Act very soon. Stay tuned: The Families First Coronavirus Response Act is intended to be the first tranche of relief to help employees and employers deal with the work-related impacts of the coronavirus outbreak and the COVID-19 illness the virus causes. Benefits are tax-free.

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High Deductible Health Plan Telehealth Relief, Extended Again!

Snell & Wilmer Benefits

There have been various laws and guidance impacting HDHPs and telehealth since 2020 and most recently, new legislation extended relief for 2023 and 2024 plan years. Consolidated Appropriations Act, 2023 (“2023 CAA”) Section 4151- Congress extended HDHP telehealth relief under 2022 CAA through plan years beginning before January 1, 2025.

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State of New Jersey Failed to Address Deficiencies in $96 Million Workers’ Compensation Program

Workers' Compensation

As a result, the State faces a greater risk of preventable workplace injuries, spurious claims, and wasted tax dollars. 2020 AUDIT DEFICIENCIES OSC’s original 2020 audit found that the Treasury Department’s Division of Risk Management had inadequate processes and made incorrect payments in two out of three payments sampled.