Nonenforcement Policy for ACA Noncompliant “Grandmothered Plans” Is Extended Indefinitely

CMS has indefinitely extended the limited nonenforcement policy allowing states to permit insurers in the individual…

Making the business case for your firm’s investment in new tax research tools

You’ve found the ideal tax and accounting research solution for your firm. With features like interactive…

What Preventive Services Must Our Group Health Plan Cover Without Cost-Sharing?

QUESTION: Our company sponsors a non-grandfathered major medical plan. How do we know what preventive services must…

IRS Provides More Guidance for Calculating No Surprises Act’s Qualifying Payment Amount

The IRS has issued Notice 2022-11 with guidance for calculating the No Surprises Act’s qualifying payment amount…

OCR Newsletter Emphasizes HIPAA Security Safeguards Against Phishing, Known Vulnerabilities, and Unauthorized Access

OCR has released its Cybersecurity Newsletter for the first quarter of 2022, emphasizing some core security…

Exhaustion Not Required Because Plan Documents Did Not Include Claims Process

Yates v. Symetra Life Insurance Co., 2022 WL 19211 (E.D. Mo. 2022) After her spouse’s death due to…

Increasing productivity and flow in tax and accounting firms

When McKinsey & Company asked 5,000 executives how much more productive they are during peak performance,…

5 client communication tips for accountants

Psychologist and author Rollo May observed, “Communication leads to community, that is, to understanding, intimacy, and…

DOL to Investigate 401(k) Plans Offering Cryptocurrency Investments

The DOL has issued a compliance assistance release expressing “serious concerns” about the prudence of making…

HHS Adjusts Civil Monetary Penalties Again for HIPAA, MSP, and SBC Violations, Effective March 17, 2022

HHS has announced adjustments of civil monetary penalties for statutes within its jurisdiction. The latest amounts…