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Applicable large employers who offer health coverage to their full-time employees, or any employers who offer a self-insured medical plan, must report information about the health coverage to the IRS. The IRS uses this information to administer the “Employer Shared Responsibility Provisions” and the premium tax credit. Applicable large employers are required to report to the IRS regardless of whether they offer health insurance coverage or not.
Did you know that your brain isn’t designed for the 8-hour work day? For every 1-2 hours of work, your body needs a quick refreshing activity to give your brain a break, such as stretching at your desk, taking a quick walk to the printer, or having a light snack.
The excise tax on high-cost health plans, commonly known as the Cadillac Tax, has been delayed by two years and will be effective for plans beginning in 2020. The Cadillac Tax is intended to rein in high-priced insurance policies offered through employers by placing a 40% tax on the portion of benefits exceeding certain price thresholds.
2015 brought a whole load of implications for HR, including unsettling data security stories and historic Supreme Court decisions to name a few. In addition to these broader topics, things such as workforce generation changes, overtime regulations and finding qualified job candidates seemed to be among the top discussed issues for HR in 2015.
When the food arrives at the table, ordered from an average restaurant in America, you probably don’t think much of the size of what you are getting. Today’s portion sizes at restaurants have distorted what Americans consider a “normal” portion. According to the National Institutes of Health, America’s restaurants have doubled or even tripled food portions over the last 20 years. This has been a major factor contributing to the increase in adult and child obesity over the years.
The holiday season is a time to enjoy family and friends, attend social events and spread joy and cheer. It’s also a time to take a trip down memory lane, reminiscing on past experiences and traditions, and making new ones. We asked Freedom Services employees to share a favorite Christmas memory or tradition. Please enjoy!
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