INSIGHTS

Visit Insights regularly to find industry-shaping news, trends, guidance and more.

IRS Announces 2020 PCORI Fees

Author: hrwsAdmin


The IRS has released an advance version of Notice 2020-44, announcing that the dollar amount to be used for purposes of determining the PCORI fee (excise tax), imposed by sections 4375 and 4376, for policy & plan years that end on or after October 1, 2019, and before October 1, 2020, is $2.54. About HRWS…

New Act Eases Paycheck Protection Requirements

Author: hrwsAdmin


This morning, President Donald Trump signed the Paycheck Protection Program Flexibility Act (PPPFA), which addresses the use of funds and extends loan forgiveness. Important Changes Borrowers now have 24 weeks from loan disbursement (until Dec. 31) to use their PPP funds (previously just 8 weeks). In addition, the PPPFA provides flexibility in how a business utilizes…

Employers’ Reopening Flowchart from the CDC

Author: Michael Rosenthal


Click here, for the CDC’s “WORKPLACES DURING THE COVID-19 PANDEMIC” flowchart

IRS Announces 2021 Limits for HSAs and High-Deductible Health Plans

Author: hrwsAdmin


On May 21, 2020, the Internal Revenue Services (IRS) announced that Health Savings Account (HSA) contribution limits are going up ($50 for self-only & $100 for family) in 2021. The announcement was provided to give employers who sponsor high-deductible plans (HDHPs) time to ramp-up and prepare for open enrollment season later in the year. HSA…

U.S. Travel Restrictions on Canada & Mexico Extended Through June 22

Author: hrwsAdmin


Acting Homeland Security Secretary Chad Wolf announced on Tuesday, May 19, 2020 that U.S. travel restrictions would be extended and remain in place at the Canadian and Mexican borders for another 30 days (through June 22, 2020). While essential travel for trade and commerce is still permissable, recreation/tourism will continue to be prohibited. About HRWS…

PPP Loan Forgiveness Application Released by SBA

Author: hrwsAdmin


The Small Business Administration (SBA) has released the PPP loan forgiveness application. It should be completed by borrowers and then submitted to their lenders as it sets forth all documentation required to verify their expenses. It also clarifies the following related points: If a mortgage obligation had been put in place prior to February 15,…

ICE Allows Additional 30-Days for Form I-9 Compliance Rules

Author: hrwsAdmin


Due to Covid-19, the U.S. Immigration and Customs Enforcement (ICE) has extended the physical presence rules relating to Form I-9, as their original exception was set to expire May 19. Employers have been granted an additional 30 days to review Form I-9 documents remotely (video, fax, email). When regular business operations resume, an employer must…

OSHA Poster: Reducing the Risk of Coronavirus Exposure

Author: hrwsAdmin


Ten Steps All Workplaces Can Take to Reduce Risk of Exposure to Coronavirus See the OSHA Poster here …            

Pandemic Forces EEOC to Delay EEO Data Collections

Author: hrwsAdmin


EEOC Delays EEO Data Collections Due to COVID-19 Public Health Emergency Read the entire EEOC press release, here …

Reopening Guidelines from the CDC

Author: hrwsAdmin


Reopening Guidance for Cleaning and Disinfecting Public Spaces, Workplaces, Businesses, Schools, and Homes Read the CDC’s official guidelines here …

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