Skiing and snowboarding are popular winter recreation sports and with all the snow we’ve seen here in Colorado, and the surrounding area, the season is well underway. Whether you are a beginner looking to try out a few runs or a seasoned skier or snowboarder, safety should always be top of mind as injuries can happen to anyone.
• New Summary of Benefits and Coverage Template Will Be Required for 2021
• Final Rule on Hospital Price Transparency Released
January is National Radon Action Month and there’s no better time to learn about the potential dangers of radon and what you can do to prevent excessive exposure. Radon is a naturally occurring invisible, odorless, tasteless, radioactive gas that is normally found in the air, both indoors and outdoors.
• DOL Proposes Revisions to the Fluctuating Workweek Overtime Method
• 5 Performance Review Best Practices
On Dec. 9, 2019, the Internal Revenue Service (IRS) released final 2019 forms and instructions for reporting under Internal Revenue Code (Code) Sections 6055 and 6056.
The deadline for furnishing individual statements under Sections 6055 and 6056 for 2019 has been extended for 31 days. Good-faith transition relief from penalties has also been extended for 2019 reporting. The due date for filing returns with the IRS for 2019 is not affected.
The DOL released three model disclosure documents as appendices to a proposed transparency rule. The documents are intended to be used to satisfy the proposed disclosure requirements. The proposed rule would require plans and issuers to disclose certain information regarding consumer costs.
On Nov. 5, 2019, the U.S. Department of Labor (DOL) published a proposed rule to update the “fluctuating workweek” method for calculating employee overtime wages under the Fair Labor Standards Act (FLSA). The fluctuating workweek method provides employers a cost-saving option to compensate employees who are not exempt from the Act’s overtime wage payment requirements.