June 8, 2021: The IRS recently released a draft of the revised 2021 version of Form 941, Employer’s Quarterly Federal Tax Return, in order to, in part, reflect the tax credit in connection with the 100% COBRA subsidy under the American Rescue Plan Act (ARP). The COBRA...
June 8, 2021: Effective June 7, 2021, Massachusetts employers must provide COVID-19 paid sick leave for specified coronavirus-related exposure, diagnosis, illness, treatment, isolation or quarantine of employees or their family members; for employees’ vaccination; and...
May 21, 2021: The Internal Revenue Service (IRS) has published frequently asked questions (FAQs) on the application of the American Rescue Plan Act (ARP) subsidies for continuation health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985...
May 12, 2021: The IRS recently issued Notice 2021-16 to address the taxation of dependent care benefits, provided through a dependent care assistance program (DCAP) in taxable years ending in 2021 and 2022 due to the application of either the carryover or the...
May 11, 2021: The IRS issued Revenue Procedure 2021-25 on May 10, 2021, to announce the 2022 inflation adjusted amounts for health savings accounts (HSAs) under Section 223 of the Internal Revenue Code (Code) and the maximum amount that may be made newly available for...
Co-founded by Chrystine Heier in 1998, Sullivan Benefits serves the ever-changing employee benefit needs of today’s mid-sized employer. To learn more about us and our approach, take a stroll through our site and learn about our BluePrint process designed to maximize every dollar you spend on employee benefits.
