Subject: BL-Newsletter: New S.Ct. Case; Adoption Tax Benefits Publication
Date: Wed, 14 May 1997 08:33:07 -0500

.................  BenefitsLink Newsletter  .............
{
{ Free, useful information about U.S. tax and labor laws
{ and new Internet resources, for employee benefit plan
{ sponsors, service-providers and participants.
.........................................................

I'VE BEEN WORKING ON THE RAILROAD, AND LITIGATIN' TOO
------------------------------------------------------------------
The Supremes make it look so easy.  The Supreme Court said Tuesday
that section 510 of ERISA can be violated when an employer moves
employees from one company to an affiliated company ... see if you
can figure out where the line between legitimate business purpose
and illegality is drawn in Inter-Modal Rail Employees Assoc. v.
Atchison, Topeka et al. -- full text of the opinion appears at

   http://www.benefitslink.com/cases/inter-modal.html

NEW IRS PUB ON ADOPTION TAX CREDIT AND ASSISTANCE PROGRAMS
------------------------------------------------------------------
The IRS has just issued a publication describing the new federal
income tax benefits for adoptions, which became effective in 1997.
The brief but well-organized pub includes a section for employers
who sponsor adoption assistance programs, under which qualifying
expenses are reimbursed by the employer free of income tax to the
employee (perhaps as part of a section 125 cafeteria plan).

The publication might be useful to employers in explaining to
employees the definition of "qualifying adoption expenses" for
purposes of an adoption assistance program, and the fact that an
employee cannot take both the tax credit and the exclusion for the
same expense item.

Publication 968 is available from the federal government's
FedWorld file server, in .PDF format, at this address:

   ftp://192.239.92.43/pub/irs-pdf/p968.pdf

(Requires the free Adobe Acrobat Reader to be viewed or printed;
you can get the Reader at

   http://www.adobe.com/acrobat/readstep.html

JOB OPENINGS SERVED UP PIPING HOT VIA EMAIL
------------------------------------------------------------------
Looking for a new job, or wanting to advertise an open position at
your company? Check out the list of employee benefit job openings
at

   http://www.benefitslink.com/benefits-bin/listjobs.cgi

Also, 355 people now receive a free email notification within
minutes after an employer or recruiter posts a new job
advertisement!  To sign up, see

   http://www.benefitslink.com/articles/benefits-jobs.html

BENEFITSLINK NEWSLETTER HAS NEW HOME; WEB SITE UNCHANGED THOUGH
------------------------------------------------------------------
To provide better service for subscribers, BenefitsLink now uses
a different distributor for the BenefitsLink Newsletter.  That's
why you got a "Welcome to bl-newsletter" email last night.

The change REQUIRES NO ACTION on the part of current subscribers
(that's you!).  But a person who wishes to subscribe for the first
time will need to send an email subscription order to the new
email address.  Also, a current subscriber who wishes to unsubscribe
will need to send an email unsubscription order to the new email address.
(See the bottom of this Newsletter for details.)

Or, to subscribe or unsubscribe using an easy Web page (instead of
sending an email order), this Web page continues to be available:

   http://www.benefitslink.com/newletter/

The change does not affect the BenefitsLink WEB SITE in any way.

Whew -- don't you kinda miss the simplicity of boxy black rotary
phones?

.................  BenefitsLink Newsletter  ...............
{
{ To unsubscribe: send email to majordomo@bolis.com
{ with "UNSUBSCRIBE BL-newsletter" in the text of the email
{ without the quotation marks.
{
{ To subscribe: send email to majordomo@bolis.com
{ with "SUBSCRIBE BL-newsletter" in the text of the email
{ without the quotation marks.
{
{ Your email address is not sold or leased to junk mailers
{ or any other organization ... no spam, just BenefitsLink!
{
{ To contribute information for publication or to learn
{ more about sponsoring an issue of the newsletter, please
{ contact the editor at erisa@benefitslink.com.
{
{ BenefitsLink is the national employee benefits Web site
{ at http://www.benefitslink.com  -- Dave Baker, Editor.