Remove Deductions Remove Employee Benefits Remove Taxes
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4 considerations when choosing employee benefits for the first time

WEX Inc.

If you’ve never been asked if you would like to participate in an employee benefits account before, you might be asking yourself, “What are all these acronyms?” To take advantage of an HSA, you need to participate in an HSA-eligible health plan (or high-deductible health plan).

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What is a High-Deductible Health Plan (HDHP)?

Higginbotham

While not ideal for everyone, a high-deductible health plan can be very appealing to some workers, especially when it’s paired with a health savings account. Offering a high-deductible health plan as part of an employee benefits package, therefore, may be a strategic option for your organization.

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5 ways higher mileage reimbursement will have an impact this tax season

Employee Benefit News

The IRS standard rate influences tax deductions, business operations, compliance requirements, financial planning and employee compensation strategies.

Taxes 116
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A New Normal? Omnibus Bill Extends High Deductible Health Plan Telehealth Safe Harbor

Proskauer's Employee Benefits & Executive Compensa

The Consolidated Appropriations Act of 2023 (“CAA 2023”), signed into law on December 29, introduced sweeping reforms to the employee benefits landscape. Generally, a participant must pay their HDHP’s deductible before the plan can cover medical services. Not only do the CAA 2023’s “SECURE 2.0”

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Former hotel worker wins unlawful wage deduction case

Employee Benefits

An employment tribunal has ruled that a former hotel worker employed by Luxury Family Hotels was unfairly dismissed and had an unlawful deduction of wages. The tribunal judge ruled that unlawful deductions were made from Murphy’s pay and ordered the hotel pay her £3,044.18. A further claim of disability discrimination was thrown out.

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Your HSA and your tax return: 4 tips for filing

WEX Inc.

The season for filing taxes is upon us once again. We wanted to share a few tips and reminders about the health savings account (HSA) information you’ll need for your tax return. Make sure your W-2 form shows HSA payroll contributions Provided by your employer, your W-2 shows the wages you earned and any taxes withheld.

Taxes 98
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Understanding Payroll Deductions and Employee Benefits Taxes

Hppy

Employers have the responsibility to accurately calculate payroll deductions and pay employee benefits taxes. To ensure your business runs smoothly keeping your employees happy is one of the most important things to keep on top of. Payroll Deductions. Who gets employee benefits?