Benefits
Top Tax Credits & Benefits for Members of the Military
Active duty and some reserve members of the U. S. Armed Forces deserve our nation's greatest respect and honor, and one of the minor things our country offers in return for their service are a few benefits when it comes to income taxes.
Volunteer Firefighters Exempted from IRS Healthcare Requirements
Volunteer firefighters and the departments that rely on them will be excluded from the employment requirements under the Affordable Care Act, the Treasury Department announced on Friday, Nov. 10.
How Much Will Health Insurance Cost Through State Exchanges?
The Affordable Care Act is law, but what does it really mean for the cost of health insurance for Americans who will be purchasing coverage on the new state healthcare exchanges?
CBIZ Acquires Specialized Employee Benefits Broker Clearview National Partners, LLC
CBIZ, Inc. has announced the acquisition of substantially all the assets of Clearview National Partners, L.L.C., ("Clearview") of Waltham, Massachusetts, effective January 1, 2014.
As Healthcare Law Affects Insurance Rates, 401(k) Saving Drops
Tax deferred retirement savings accounts, especially 401(k)s, have long been a standard for American workers looking to ensure some savings and income during their retirement years. But the economy and recent changes to healthcare law and insurance premiums are having a negative effect on savings rates.
14 Top Income Tax Breaks Expiring in ‘14
When the ball dropped in Times Square at midnight on New Year’s Eve, it did more than signal the start of another year. It also officially closed the books on several significant tax breaks for individuals and small business owners. Unless these provisions are resurrected by a bipartisan Congress – no sure bet – they won’t be available in 2014.
Long-Term Unemployment Benefits End
All extended federal benefits ended last week because the budget deal reached by U.S. Senate and House negotiators didn't include extension of the federal Emergency Unemployment Compensation program. The added benefits were authorized in 2008 and extended 11 times as the recession and its effects dragged on.
IRS to Allow Rollovers for Flex Spending Accounts in 2014
The IRS surprised employers a few weeks back with a rule change that allows flexible spending account participants to roll over up to $500 of their unused account balances into the next year.