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Tag: Health Savings Account (HSA)

  • Unveiling The IRS Updates: What’s New In 2024 For Transportation Fringes And FSAs

    The Internal Revenue Service (IRS) unveiled its annual adjustments for the upcoming year, and among the updates include the changes in transportation fringes and flexible spending arrangements (FSAs). These changes outlined in Rev. Proc. 2023-34,

  • Menopause Benefits As The New Workplace Perk

    In recent years, the corporate landscape has shifted towards more inclusive and comprehensive employee benefits. A notable and groundbreaking addition to this trend is the growing acknowledgment of menopause and the need for the workplace to offer support.

  • What Alabama Employers Need To Know About New Tax Laws

    The Alabama Department of Revenue’s Income Tax Administration has recently announced three rules set to reshape the landscape of overtime wages and withholding taxes. With an effective date of December 3rd, 2023, these changes usher in a new era for employers and employees, significantly altering how overtime wages are handled for tax purposes.

  • Ohio Embraces Green – A Closer Look At The Landmark Legalization Of Adult-Use Cannabis

    On November 7th, 2023, Ohio marked a historic moment by becoming the 24th state to legalize adult-use (recreational) cannabis. Recreational marijuana is essentially marijuana used for enjoyment rather than for health benefits (medical).

  • Navigating Health Care Compliance For Small Businesses

    Let’s be honest: Managing health care can be challenging and expensive for your business. You might think about putting it on the back burner, but with health care costs consistently rising, you can’t afford to wait. In addition to a fair paycheck, your employees expect competitive benefits to take care of themselves and their families.