Attend our Depreciation webinar — which addresses commonly asked questions around claiming deductions and depreciating assets.
SHOP Exchange Eligibility The ACA required each state to establish an online competitive marketplace, called an Exchange, where individuals and small businesses may purchase health insurance, beginning in According to HHS, the SHOP gives small businesses the same purchasing power as large businesses and will allow small employers to provide their employees with a choice of health plan options.
Although states could limit SHOP participation prior to to businesses with up to 50 full-time equivalent FTE employees, small employers with up to employees will be eligible to participate in the SHOP in all states beginning in For purposes of SHOP eligibility, FTEs are calculated using the most recent year, and excluding seasonal employees those working fewer than days per year.
Count the number of people who worked an average of 30 or more hours per week; and Add to this amount the number of hours worked per week by non-full-time employees, divided by In addition, the employer must: In the SHOP, there are no residency standards for either the employer or employee.
Thus, multi-state employers may participate in multiple SHOPs. Participation in a SHOP is voluntary for eligible small employers. Forthe maximum small business health care tax credit increases from 35 percent to 50 percent of employer contributions toward health coverage from 25 percent to 35 percent for tax-exempt small employers.
Guaranteed Renewability Effective Jan.
For example, these protections prohibit issuers from refusing to renew coverage because an individual or employee becomes sick or has a pre-existing condition.
A final rule issued by HHS on Oct. For example, an employer that originally purchased coverage in the small group market and that increases in size beyond the definition of a small employer has the option of keeping the product it purchased in the small group market.
Early Renewal Option As with past renewals, employers may see a premium increase, partially due to rising medical costs. The early renewal option gives employers the option to renew their coverage in late instead of waiting until their policy anniversary dates to renew.
When considering an early renewal, keep in mind that the federal agencies implementing the ACA and other employee benefit laws have not addressed whether these early renewals are permissible.
Because of this, employers should consult their benefit advisors or legal counsel to determine how an early renewal could impact them.
Applicable largeemployers, or ALEs employers with 50 or more full-time and full-time equivalent, or FTE, employees are prohibited from changing plan years to avoid the employer penalty under the final regulations.
In addition, certain transition relief under the final regulations would not apply to ALEs that change their plan year. ALEs that have fewer than full-time employees including FTEs generally will have an additional year, untilto comply with the employer shared responsibility rules.
However, ALEs that change their plan year after Feb. ALEs that maintain a non-calendar year plan may qualify for certain transition relief that would delay the employer shared responsibility rules until the beginning of the plan year.
However, ALEs that modified their plan year after Dec. Examples provided by the IRS of changes based on a valid business purpose include switching insurance carriers or experiencing a corporate merger, acquisition or other change in business operations. In Noticeconsistent with the proposed cafeteria plan regulations, the IRS states that a plan year is permitted to be changed only for a valid business purpose.
In many of these contexts, the IRS has indicated that a plan year change that is not made for a valid business purpose will be disregarded and considered ineffective.
If you have any questions contact your GDP Advisor for clarification. Click to edit your new postCommons Dilemma Choices in Small vs. Large Groups. Powers, Richard B.; Boyle, William The purpose of the Commons Game is to teach students how social traps work; that is, that short-term individual gain tends to dominate long-term collective gain.
Although the impact of group size is obvious and substantiated by research, much of the research tries to highlight the superiority or small group over big group of vice-versa, and attempts to identify an optimal group remains limited.
Task Group reports On July 1, , an NFPA task group issued a follow-up report on ionization vs. photoelectric smoke alarms (PDF, MB).This report builds on the work of a task group report on ionization vs.
photoelectric smoke alarms (PDF, MB).Both task groups were convened to determine the best methods and practices for detecting smoke and to provide information to the . Gerard Hendrik (Geert) Hofstede (born 2 October ) is a Dutch social psychologist, former IBM employee, and Professor Emeritus of Organizational Anthropology and International Management at Maastricht University in the Netherlands, well known for his pioneering research on cross-cultural groups and organizations..
His most notable work has been in developing cultural dimensions theory. Importance Blood pressure (BP) lowering is considered neuroprotective in patients with cerebral small vessel disease; however, more intensive regimens may increase cerebral hypoperfusion.
This study examined the effect of standard vs intensive BP treatment on cerebral perfusion in patients with severe small vessel disease. Wild vs Captive. What Elephants Need. As one of the most intelligent mammals on the planet, elephants have immensely complex needs that no zoo, circus or other attraction can provide.