Proposed Rule Extends ACA Reporting Furnishing Deadlines On Nov. 22, 2021, the IRS released a proposed rule that would extend the annual furnishing deadlines for Sections 6055 and 6056 reporting under the Affordable Care Act (ACA). This proposed rule would essentially make permanent the furnishing …Continued
Baltimore, MD (December 1, 2021)- BOLTON, a full-service employee benefits, actuarial, compensation and investment consulting firm, announced the appointment of James E. Downing as Chief Executive Officer. An experienced and successful business leader, Mr. Downing will succeed Robert G. Bolton who …Continued
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The IRS has released the adjusted contribution and benefit limits, and the Social Security Administration has released the Social Security wage base for 2022. Some of the limits are unchanged from 2021, while others increased slightly. The limits for 2022 and 2021 are shown in the table below. Continued
Sector: Healthcare, Not-for-ProfitTopic: Executive Compensation, Intermediate SanctionsOver the past few years, our mission-focused clients have expressed a renewed and more urgent interest in ensuring that their executive compensation programs and Board of Trustees (or Chancellors, Directors, Gove…Continued
President Joe Biden’s administration is continuing its efforts to curb the COVID-19 pandemic and the spread of the deadly coronavirus Delta variant. Recently, the White House ordered all federal workers and contractors to get vaccinated against COVID-19. Now, the government is imposing a similar re…Continued
