New Year, Fresh Start
2019 is in full swing and it’s the time of year that we get to designate as a fresh start and new beginnings. It’s a tradition in which we resolve […]
Innovative Welcomes Shemelia McClain as Executive Account Manager
Innovative Benefit Planning is excited to welcome Shemelia McClain as our new employee benefit Executive Account Manager. Shemelia brings to Innovative more than 20 years of experience as an account […]
The IRS Increases the PCORI Fee
The Internal Revenue Service announced that the Patient-Centered Outcomes Research Institute (PCORI) fee will rise to $2.45 (from $2.39) per covered life in plan years that fall between October 1, […]
Tax Credit Check from Horizon
Attention Horizon customers! You may have received or will receive shortly, a check in the mail from Horizon regarding a tax credit refund check. Note, this is a legitimate check […]
Retirement Match on Student Loan Debt- UPDATE
In October we reported on a Private Letter Ruling the IRS issued for an employer interested in offering a student loan repayment benefit through their 401(k) plan. While the ruling […]
November Compliance Recap
November was a busy month in the employee benefits world. The Internal Revenue Service (IRS) extended the due date for employers to furnish Forms 1095-C or 1095-B to individuals, extended […]
Let’s Discuss Tax Relief from Your 199A Deduction
Earlier this week we discussed the Tax Cuts and Jobs Act of 2017 and the limits placed on the deductibility of State and Local taxes for 2018. Now let’s discuss […]
There May Be a Simple Solution to Decrease the 2018 Tax Burden Through a Customized Retirement Plan Design
The Tax Cuts and Jobs Act of 2017 have limited the deductibility of State and Local taxes for 2018. As a result, many high earners may be subject to additional […]
Happier Holidays, the HR Way
Most people, according to a new survey featured in HR Dive, have the greatest sense of belonging in their own homes. That may not be surprising news, but what is interesting […]
ACA Extensions Announced
Yesterday afternoon, the IRS released Notice 2018-94, which announced an extension of the 2019 deadline for insurers and employers to furnish forms 1095-B and 1095-C to individuals. These forms, originally […]
