Resources

ACA Reporting Deadlines 2024

Important Dates February 28, 2024: Paper IRS returns for 2023 must be filed by this date. Reporting entities can file up to 10 returns on…

IRS Releases Guidance on Multiple SECURE 2.0 Provisions

The IRS issued Notice 2024-2 on December 20, 2023, providing guidance in the form of questions and answers with respect to various provisions of the…

Chicago Delays Implementing New Paid Leave Law Until July 2024

On Dec. 13, 2023, the Chicago City Council voted to postpone the implementation of the city’s new paid leave and paid sick and safe leave…

Cook County Enacts New Paid Leave Law Effective Dec. 31, 2023

On December 14, 2023, Cook County, Illinois, introduced a fresh paid leave ordinance, slated to come into force on December 31, 2023, replacing its previous…

Welding & Gas CFO Club Recap December 2023

Thank you to those that were able to make it for the discussion on December 20th. We had a good group. Discussion Recap 401k Best…

Welding & Gas CFO Club Recap October 2023

The Welding and Gas CFO Club is intended to be a member-led group where financial professionals in welding & gas distribution can come to share…

I Did Not Have My Contract Reviewed by an Attorney Before I Signed It. Now I Need to Pull a Rabbit Out of a Hat!

Article by Malecki Brooks Law Group, LLC Employment contracts are not entered into because the parties assume a relationship will be without problems. Contracts should…

National Radon Action Month

The Environment Protection Agency (EPA) designates every January as National Radon Action Month to ensure everyone is aware of the dangers of radon. Radon is…

CMS Released 2025 Plan Year Out-of-Pocket Maximums

Highlights CMS announced the cost-sharing limits for plan years beginning in 2025 on November 15, 2023. Medicare and the ACA requires health plans to place…

New Chicago Paid Leave Ordinance Will Start Dec. 31

Chicago has expanded its paid leave mandate with an ordinance requiring 40 hours of paid leave (PL) and 40 hours of paid sick leave (PSL)…

IRS Releases 2024 Retirement Plan Limits

The Internal Revenue Service (IRS) has released Notice 2023-75, which includes cost-of-living adjustments for 2024 that affect amounts employees can contribute to 401(k) plans and…

Health FSA Limit Set to Increase for 2024

The IRS released Revenue Procedure 2023-34 (Rev. Proc. 23-34) on November 9, 2023 announcing the adjusted limit for employee contributions to health flexible spending accounts…

It’s That Time of the Year Again: Flu Season

In the United States, influenza (flu) season lasts from October through May, with peak flu activity happening between December and March. The country’s flu activity…

Reps & Warranties Insurance – Q4 2023 Update

In this article, we will delve into three significant insights that are currently influencing the Reps and Warranties Insurance market.

Manage the Hidden M&A Risks

Managing the hidden risks during a merger or acquisition may seem like a daunting task, but with the right information and support it can be…

Deadline for Submitting Gag Clause Attestation Is Approaching

Effective Dec. 27, 2020, the Consolidated Appropriations Act, 2021 (CAA) prohibits health plans and health insurance issuers from entering into contracts with health care providers,…

HHS Issues Rule Increasing Civil Penalties for HIPAA Violations

The U.S. Department of Health and Human Services (HHS) published a final rule increasing the civil monetary penalties for violations of the HIPAA Privacy and…

EEOC Issues Guidance on Workplace Harassment

Important Dates November 1, 2023: The EEOC is accepting comments on the proposed guidance until this date. January 1, 2024: A final version of the…

Most Employers Must File ACA Reporting Electronically in 2024

Most reporting entities will be required to complete their ACA reporting electronically starting in 2024.

What Are the Key OSHA Standards for Construction Safety?

The Occupational Safety and Health Administration (OSHA), a federal agency in the United States, has set rigorous standards to ensure the well-being of construction workers.…

A Comprehensive Guide to Insurance for Restaurant Employees

This guide will explore the various types of insurance for restaurant employees and employee benefits and retention.

What Insurance Do You Need in Your Fast-Food Restaurant?

Running a fast-food restaurant can be rewarding, offering delectable dishes to customers quickly and efficiently. However, like any business, it comes with a risk. To…

Navigating Product Recalls: Protecting Your Business and Reputation

As a manufacturer, your customers anticipate that your products will be safe and dependable. Despite your best efforts to ensure your goods are suitable for…

Excess Liability Limits for Physician Groups

By: Mike Madey, MBA, RPLU, MJ; Vice President – Business Insurance Historically, there has not really been an excess malpractice market for physician groups. Excess…