Category Archives: Hot Topics
Form W-2 Reporting Applicable to You?
Under the Affordable Care Act, employers must report the aggregate cost of applicable employer-sponsored coverage on an employee’s Form W-2. This reporting mandate is first required for the 2012 tax year, such that the aggregate cost of this coverage must …
Notice of Civil Union Rights
Effective June 1, 2011, the Religious Freedom Protection and Civil Union Act (the “Civil Union Law”) provides that both same-sex and different sex couples who enter into a civil union will have all of the obligations, protections and legal rights …
W2 Employee or 1099 Independent Contractor?
Providing employee benefits to individuals who work for you are used to help attract and retain high caliber people. Because of the economic downturn, many of our clients are hiring individuals as independent contractors and not withholding any taxes or …
IL Department of Insurance (IDOI) – Standardized Health Insurance Applications
As part of the Illinois Insurance Fairness Act, the Illinois Department of Insurance has developed a standardized small group health insurance application to make it easier for us to present you to various carriers. All health insurance carriers are required …
Grandfathered even if you change carriers – Revised Regs
Amendment to Regulation on “Grandfathered” Health Plans under the Affordable Care Act (ACA)
Health Care Reform – Grandfathered Plans
“If you like your coverage you can keep it” is true only if you comply with certain health care reforms.
Health Care Reform – Overview & Qualification for Tax Credit
Lang Financial Group has gathered information on how health care reform will be implemented. We have provided links for the tax credit of health insurance premiums, frequently asked questions and a new web page launched by the IRS for employee benefits.
Health Care Reform – Patient Protection and Affordable Care Act
Here is a Health Care Reform Timeline.


