News & Articles
News
The budget deal enacted in late 2015 nixes the recent provision that allowed "claim-and-suspend" strategies for couples, along with related options.
News
Option J has been renamed "Biblically Responsible Funds" with the addition of GuideStone Mutual Funds to the previous selection of Timothy Plan Funds.
Article
July 1, 2015, deadline for ACA compliance means that only group health insurance may be provided as non-taxable benefit by employers with multiple staff.
Article
Every organization must follow federal guidelines for classifying and paying "exempt" and "non-exempt" staff.
Article
In our last update, FCMM mentioned that IRS Notice 2015-17 offers temporary relief of the excise tax on non-compliant employer payment plans through June 30, 2015. But what about implications for those churches and staff who have already complied?
Article
The IRS released more clarification (changes) last week on ACA compliance for small employers.
News
Recent IRS guidance identifies an exception for the employer with one participant in health plan.
Article
Current information, updated March 9, 2015, regarding small employer healthcare reimbursement.
Article
Summary: If a church wishes to assist staff members with the cost of individual health insurance premiums, the church should do so only as a salary bonus which is not related to the individual obtaining health insurance.
Article
Individual healthcare premiums paid by employer are taxable income in 2014.
Article
While the current case is ended, there will likely be more challenges to the housing allowance.
