ArticleTax-Free Gifts For TuitionOf important note, reimbursements for tuition paid by someone else are ineligible for tax-free gift exclusion treatment.United StatesTaxBrown Smith Wallace
ArticleReducing Health Care Insurance CostsControlling rapidly rising health care costs can be a struggle in any economy, but there are several options, including self-insuring, that can help keep premium costs downUnited StatesInsuranceBrown Smith Wallace
ArticleHow to Run a Nonprofit Board that is Far from BoringHow do some nonprofit organizations develop and prosper, while others appear passive and static? Thriving and effective nonprofit boards share some important characteristics, which do not include "boring" board meetings.United StatesCorporate/Commercial LawBrown Smith Wallace
ArticleAre You EMV Compliant?If you haven't shifted your point of sale terminals to remain compliant with the new EMV requirements, now's the time!United StatesFinance and BankingBrown Smith Wallace
ArticleIndividual Tax Filing Updates For Health Care Reform RegulationsWith the extended filing dates for Forms 1094 and 1095, taxpayers may not receive a Form 1095-B or 1095-C from employers in time to help file taxes for 2015. United StatesTaxBrown Smith Wallace
ArticleRevenue Recognition Standard Implementation Challenges: Stories From The TrenchesThe new lease accounting standard issued by the Financial Accounting Standards Board (FASB) goes live in 2019 for public companies and 2020 for private ones.United StatesAccounting and AuditBrown Smith Wallace
ArticleStudy Says Organizations Lose 5% Of Revenues Annually Due To FraudStay tuned for our review of recent occupational fraud cases in our region and how they mirror the ACFE report in an upcoming online St. Louis Business Journal article. United StatesCriminal LawBrown Smith Wallace
ArticleALE Reporting Rules Under W-2 Transitional ReliefFor purposes of this transitional relief, the employer's size is determined without the application of any aggregation rules.United StatesEmployment and HRBrown Smith Wallace
ArticleCan Employers Apply Cost-Sharing to Some Contraceptive Methods? As of this writing, efforts are underway in Washington to repeal the Affordable Care Act. Both the Republican-majority House and Senate have approved a resolution to begin repeal proceedings, while President Trump has issued an Executive Order calling for the law's "prompt repeal." United StatesFood, Drugs, Healthcare, Life SciencesBrown Smith Wallace
ArticleCan Self-Insured Plans Charge Tobacco Users More For Coverage?We're concerned about our self-insured plan's compliance with the nondiscrimination rules under the Health Insurance Portability and Accountability Act (HIPAA).United StatesFood, Drugs, Healthcare, Life SciencesBrown Smith Wallace
ArticleCan We Incentivize Employees With High Claims Costs To Opt Out?Our company offers coverage under a self-insured major medical plan to full-time employees.United StatesFood, Drugs, Healthcare, Life SciencesBrown Smith Wallace
ArticleHow Can An Employer Comply With HIPAA When Filing Form 1095-C?My company is an applicable large employer (ALE) with a self-insured health plan.United StatesFood, Drugs, Healthcare, Life SciencesBrown Smith Wallace
ArticleRehire Rules For Health Care Coverage Waiting PeriodQuestion: Our company sponsors a group health plan under which full-time employees are eligible for coverage after a 90-day waiting period. We're a small business (fewer than 20 employees) and not subject to the Affordable Care Act's (ACA) employer shared-responsibility provisions.United StatesFood, Drugs, Healthcare, Life SciencesBrown Smith Wallace
ArticleACA Medical Device Excise TaxThe Affordable Care Act (ACA) imposed a 2.3 percent excise tax on the sale of certain medical devices by the manufacturer or importer of the device. United StatesTaxBrown Smith Wallace
ArticleNational Taxpayer Advocate Identifies IRS IssuesThe IRS's cutbacks in taxpayer services could erode voluntary compliance with the tax laws and lower tax revenues, National Taxpayer Advocate Nina Olson has told Congress in her annual report. United StatesTaxBrown Smith Wallace
ArticleSave More For College Through The Tax Advantages Of A 529 Savings PlanWith kids back in school, it's a good time for parents (and grandparents) to think about college funding. One option, which can be especially beneficial if the children in question still have many years....United StatesTaxBrown Smith Wallace
ArticleTaxpayer Protection Bill Advances in CongressResponding to growing concerns over the scope of tax-related identity theft, the House has approved legislation to give victims more information about the crime. United StatesTaxBrown Smith Wallace
ArticleShare Control to Minimize Fraud in Your OrganizationFraud is a threat for organizations of all sizes. Completely eliminating fraud risks is nearly impossible, but efforts can be made to minimize them. United StatesCriminal LawBrown Smith Wallace
ArticleCan We Match Our Employees' Pretax HSA Contributions?Instead of comparability, your company's contributions (as well as participants' pretax HSA contributions) would be subject to Internal Revenue Code Section 125's nondiscrimination requirements. United StatesEmployment and HRBrown Smith Wallace