“Several employer deductions will be reduced or eliminated, including the cost of business-related entertainment expenses and qualified transportation fringe benefits, but employers may be able to claim a credit for a percentage of wages paid to qualifying employees on family and medical leave…. [E]mployees can no longer exclude moving expense reimbursements they receive from employers […]
“On December 22, 2017, President Trump signed into law a tax bill reconciling both the House and Senate versions of the so-called Tax Cuts and Jobs Act. The Act’s major provisions are lowering the corporate tax rate to 21% effective in 2018, and repealing the individual mandate under the Affordable Care Act beginning January 1, […]
“To become a MEWA, a plan needs only to cover employees of two or more employers. Because intent is irrelevant, an employer can find itself inadvertently creating a MEWA if it allows employees of other employers or nonemployees to participate in its welfare plan…. Once a MEWA, a plan can face penalties of more than […]
ERISAPros would like to thank you for your business and partnership. We wish you a happy and healthy 2018.
New Year’s Resolution
At this time of year, many people resolve to change or modify their behavior or actions to lead a better life. We at ERISAPros would like to challenge you to make […]