Newly Reduced HSA Maximum Contribution Limits!
The IRS has announced new HSA maximum contribution limits to health savings accounts, courtesy of the Tax Cuts and Jobs Act of 2017.Beginning with the 2018 calendar year, the annual [...]
Updated W-4 and Tax Calculator Now Available
Following the major change in the country’s tax code, the Internal Revenue Service (IRS) recently released an updated W-4 form and an updated Withholding Calculator. Employers have 30 days to adopt the new [...]
Employee or Contractor? What Medical Practices Should Know Before Hiring!
We’ve seen many reasons why medical practices use an independent contractor instead of hiring an employee. Maybe you have the occasional need for a particular specialist. Perhaps you need more [...]
New I-9 Released; Use Required by September 18
On July 17, 2017, the U.S. Citizenship and Immigration Services (USCIS) released a new version of Form I-9, Employment Eligibility Verification. Employers can use either the new or existing version [...]
The IRS Relaxes Enforcement of ACA Mandate Penalties
As the new administration plans drastic changes to the Patient Protection and Affordable Care Act (ACA), the Internal Revenue Service (IRS) has eased enforcement of the ACAs individual mandate, the [...]
ACA Marketplace Notice Forms: One “Use By” Date You Can Ignore
From filing tax returns to using up milk before it spoils, our world is full of deadlines and expiration dates. Thankfully, there’s one you don’t need to worry about (at [...]