IRS

Plan administrators who make foolish mistakes are begging for an invasive audit from the IRS or Department of Labor. Here are some common errors that will trigger your plan’s worst nightmare.

Because next year will be too late.

No change was announced to the HSA catch-up contribution limit but married couples need to look into the details.

The annual limit on deductible contributions to a health savings account will jump by $50 for individuals and $100 for families.

Inaccurate or incomplete information has incorrectly identified business owners as failing to satisfy healthcare coverage requirements.

Inaccurate or incomplete information has incorrectly identified business owners as failing to satisfy healthcare coverage requirements.

The annual limit on deductible contributions to a health savings account will jump by $50 for individuals and $100 for families.

A $50 deduction was announced due to a change in the inflation adjustment calculations for 2018 under the Tax Cuts and Jobs Act.

A recent report from Democrats on the Joint Economic Committee says that Social Security is being threatened, and the federal government should consider modernizing and enhancing the program.

To qualify for tax credits, an employer must have a written policy that provides at least two weeks of paid leave for employees.