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Multiemployer Withdrawal Liability Can Extend Beyond the Withdrawing Employer

"[U]nder certain circumstances, the employer's owners, their spouses, and affiliated companies may also be subject to withdrawal liability. Whether withdrawal liability may attach is a very fact-intensive analysis ... Employers should keep in mind that what appear to be unrelated businesses owned by the spouses of company owners can be deemed to be "trades or businesses" under common control and as a result be responsible for the payment of withdrawal liability." [Local No. 499, Board of Trustees of Shopmen's Pension Plan v. Art Iron, Inc., Nos. 22-3925, 22-3926 (6th Cir. Sep. 26, 2024)

Health Plan Compliance Concerns for Year-End 2024

"[1] HIPAA privacy extends special protections to reproductive health care: Employer action required by 12/23/24 ... [2] Gag clause attestation.... [3] NQTL compliance.... [4] Transparency requirements.... [5] Fiduciary obligations ... [6] Cybersecurity compliance.... [7] Prescription drug reporting."

Crushing Health Care Taxes and Penalties Delayed

Excerpt: The [IRS, DOL and HHS] have postponed until at least mid to late 2011, at the earliest, the effective date of the new Patient Protection and Affordable Care Act ... non-discrimination rules that may result in substantial taxes and penalties for noncompliance.

Summary of the Principal Provisions of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010

Addressed in the summary are various employment-based benefits such as the child care credit, Employer Provided Educational Assistance, and Adoption Credit and Exclusion from Income for Employer Provided Assistance.

Thirteen Things Employers Need to Know About Health Reform

Excerpt: This new regime is exceedingly complex, with various provisions becoming effective on different dates. Employers should develop a comprehensive strategy to ensure they meet the obligations imposed by this reform as they become due while continuing to ensure their group health plans meet their organization's goals without unnecessary and undue cost.

Delay in W-2 Reporting Requirements

Excerpt: The IRS also issued a draft W-2 Form for 2011, which would allow employers to voluntarily provide information about the cost of coverage. The IRS stated it plans to publish guidance on this requirement later this year.