Tax Act Alters Executive Pay, Affects Bonus Deductions and Withholding Employers should consider convening their compensation committees—possibly during this holiday season

December 22nd, 2017

The passage of the Tax Cuts and Jobs Act, which limits the tax deductions that businesses can claim for certain employee benefits, is likely to cause some employers to revisit their executive compensation programs.

https://www.shrm.org/ResourcesAndTools/hr-topics/compensation/Pages/tax-bill-alters-executive-pay-and-bonus-decisions.

What Individual Mandate Repeal Means for Employers The individual and employer mandates are intertwined, so eliminating one could start to unwind the other

December 22nd, 2017

The Tax Cuts and Jobs Act, passed by Congress on Dec. 20, effectively repeals the Affordable Care Act's (ACA's) requirement that most Americans obtain ACA-compliant health coverage, effective in 2019.

https://www.shrm.org/ResourcesAndTools/hr-topics/benefits/Pages/individual-mandate-repeal-affects-employers.

Congress Passes Tax Bill Altering Employee Benefits

December 21st, 2017

Passage of the Tax Cuts and Jobs Act (H.R. 1), which limits the tax deductions that businesses can claim for certain employee benefits, is likely to cause some employers to revisit their offerings.

On Dec. 19, both the House and Senate passed the Tax Cuts and Jobs Act along party line votes.

Is the new tax bill “bad” for the middle class?

December 20th, 2017

What the tax bill really means for New York : Empire Center for Public Policy

You don’t have to be a fan of the federal tax deal to realize its impact on states like New York has been misrepresented by most of its leading political critics.

Sen.

Repeal of medical deduction prompts tax bill pushback

November 8th, 2017

https://apnews.com/8aab6de4d4734598bf459c5dc75e9618/Repeal-of-medical-deduction-prompts-tax-bill-pushback

WASHINGTON (AP) — The medical expense deduction targeted for repeal by GOP tax writers has helped tooffset costs including nursing home care and fertility treatments, laser eye surgery and travel out-of-state for a second opinion on a rare cancer.

NAHU Washington Update 10/20/17

October 20th, 2017

Our friends over at NAHU have some important updates for you with the news cycle heating up in Washington.

Stay tuned and consider joining your local chapter at NAHU  (((Consider that your career is in the hands of Congress)))

NAHU-supported market stability legislation was introduced with bipartisan support from 24 senators to provide funding for the ACA's cost sharing reduction program, provide additional state flexibility through waivers, and other provisions.