News

Congress Repeals Unrelated Business Income Tax for Tax-Exempt Entities Offering Qualified Transportation Fringe Benefits

January 15, 2020

As part of the Further Consolidated Appropriations Act, 2020 (the “Act”), Congress repealed Section 512(a)(7) of the Internal Revenue Code of 1986 (the “Code”). This Code section was added as... Read more »

Congress Passes Spending Bill that Repeals Three Major ACA Taxes, Extends PCORI

December 19, 2019

Updated December 21 to reflect that the bill has been signed into law. On December 20, 2019, the House and Senate, with the final signature from President Trump, passed a bipartisan legislative... Read more »

IRS Extends Deadline for Furnishing Form 1095-C, Extends Good-Faith Transition Relief

December 2, 2019

The Internal Revenue Service (IRS) has released Notice 2019-63, which extends the deadline for furnishing 2019 Forms 1095-B and 1095-C to individuals from January 31, 2020 to March 2, 2020.  The... Read more »

What Employers Need to Know About the New Transparency Rules

November 22, 2019

Proposed Transparency Rule Released Following President Trump’s Executive Order on Improving Price and Transparency in American Healthcare, one final and one proposed rule was released by... Read more »

IRS Releases Draft 2019 ACA Reporting Forms and Instructions

November 14, 2019

The IRS has released draft forms and instructions for the 2019 B-Series and C-Series reporting forms (Forms 1094-B, 1095-B, 1094-C and 1095-C) used by employers and coverage providers to report... Read more »

Alera Group Acquires Capital Region Benefits

November 12, 2019

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, today announced that it has acquired Capital Region Benefits, effective November 1,... Read more »

Health FSA Contribution Limit Increases to $2,750 for 2020 Plan Years

November 7, 2019

IRS Increases Health FSA Contribution Limit for 2020, Adjusts Other Benefit Limits On November 6, 2019, the Internal Revenue Service (IRS) released Revenue Procedure 2019-44, which raises the... Read more »

Alera Group Acquires HR inTune

November 6, 2019

Alera Group, a national employee benefits, property and casualty, risk management and wealth management firm, today announced that it has acquired the business assets of HR inTune, effective October... Read more »

Massachusetts Employers Must File HIRD Form by December 15

November 5, 2019

As part of Massachusetts’ expanded Employer Medical Assistance Contribution (EMAC) program, employers with 6 or more employees in Massachusetts must submit a health insurance responsibility... Read more »

Alera Group Highlighted in Leader’s Edge Magazine

May 8, 2019

Alera Group has been featured in a number of publications across the country since its debut, including Employee Benefit Adviser, Insurance Journal, the Baltimore Sun and the Hartford Business... Read more »