Scott Insurance Ranked Among U.S. Top 100 Largest Insurance Brokers

Scott  Insurance  Ranked  Among  U.S.  Top  100  Largest  Insurance  Brokers Lynchburg,  Va.,  July  19,  2016  –  Scott  Insurance  has  once  again  been  named  one  of  the  Top  100  largest   insurance  brokers  in  the  United  States  by  Business  Insurance,  the  leading  publication  in  the  insurance   industry.    Scott  is  ranked  #67  on  the  2016…

Read More

May 2016 Compliance Update

EEOC Issues Final Sets of Wellness Program Rules The Equal Employment Opportunity Commission (EEOC) issued two final sets of rules on May 16 governing wellness programs. The rules, which become effective for plan years beginning on or after January 1, 2017, provide guidelines under both the Americans with Disabilities Act (ADA) and Genetic Information Nondiscrimination…

Read More

How to Fix Mistakes with IRS Forms 1094 and IRS Forms 1095

How to Fix Mistakes with IRS Forms 1094 and IRS Forms 1095 The deadline for sending out the IRS Form 1095 to the employees was the end of last month. Few things are certain but chances are some employers fumbled the ball when it comes to the forms and some of the forms contain errors….

Read More

ACA Reporting Update: Deadlines, Enforcement, Code Clarification

ACA Reporting – Deadlines extended On Dec. 28, 2015, the IRS issued Notice 2016-4, delaying the due dates for ACA reporting This reporting requires that applicable forms are delivered to both the IRS and individuals The due date for furnishing forms to individuals has been extended from Feb. 1, 2016, to March 31, 2016. The…

Read More

March Compliance Update

March 15, 2016, Compliance Update IRS Forms 1095 Due March 31, 2016 We have included numerous articles about the new health care reform reporting requirements, namely IRS Form 1094 and IRS Form 1095. But the day of reckoning is upon us. IRS Forms 1095 have to be distributed to the employees by the end of…

Read More

February Compliance Update

Sample Employee Communication for IRS Form 1095 We have included a number of articles about the employer’s responsibilities with respect to IRS Form 1095. The form is complicated and will probably confuse a number of employees. Although not required, it may make sense to include a cover letter explaining the forms. http://bit.ly/1SbQ1VH This article has…

Read More