Today, more public entities and businesses are requiring "guarantees" from their third-party partners. They want to know that products will be delivered or services will be performed as contracted. As a result, bonds are an essential part of doing business. Being bonded can mean the difference between being invited to bid on a contract and reading about the award in the newspaper.
Our staff specialized bond expertise will work with you to develop customized bond programs that fit your unique needs. We partner with you and your team, surety companies and underwriters to ensure you receive the best possible service and consideration and a program that that is not only tailored to your needs and competitively priced, but one that gives you peace of mind.
The IRS recently released final 2020 Forms 1094-C and 1095-C and applicable instructions ahead of Affordable Care Act (ACA) reporting for 2020. As a reminder, applicable large employers (“ALEs”) must furnish Form 1095-C to full-time employees and file Form 1094-C and all 1095-Cs with the IRS. ALEs offering a self-insured group health plan must also furnish Forms 1095-C to covered employees or other primary insured individuals in the self-funded health plan (e.g., COBRA qualified beneficiaries). Additionally, due to the COVID-19 pandemic and challenges to business operations, ALEs may have variations to their reporting for 2020 due to furloughs and/or layoffs.
No one understands better than the person who administers benefits about the difficulty of open enrollment season. It was hard enough ambushing employees in the workplace to remind them that they need to submit their packets. Let’s not even talk about the headache of creating multiple schedules so that employees can take physical breaks from work and listen to benefits presentations. Now, administrators must figure out the best way to get the packet to the eligible employees in the first place.
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