The Small Business HR, Benefits, and Payroll Blog

Do You Know About these 13 Small Business Hiring and Tax Credits?

Subscribe to our People Now newsletter for more HR news & Industry trends.

Please enter a valid email address.


Thanks for subscribing to People Now!

2018 HSA contribution limit

September 1, 2015

What happens to dependents and spouses’ health insurance plan in the event of a divorce or legal separation?

Under the Consolidated Omnibus Budget Reconciliation Act (COBRA), participants, covered spouses, and dependent children may continue their plan coverage when they would otherwise lose coverage due to a particular event, such as divorce or legal separation. Continuing Coverage A spouse who would lose coverage due to a divorce may elect continuation coverage under COBRA for […]

Shares
2018 HSA contribution limit

September 1, 2015

What is a Health Insurance Deductible?

A deductible is the amount of money you have to pay out of pocket for your medical expenses before your health insurance begins covering the expenses. Example So, if you have a $2,000 deductible plan and incur $1,750 in medical expenses this year, your insurance won’t cover any of that amount and you’ll have to […]

Shares
2018 HSA contribution limit

August 31, 2015

How are paid interns classified under payroll?

Generally, paid interns with set hours should be treated the same as regular employees in terms of payroll. Paid interns should file a W4, and the payroll company should deduct state and federal taxes from their paycheck, just as they would for regular employees. Interns should be paid on the regular payroll cycle, as defined […]

Shares
2018 HSA contribution limit

August 31, 2015

What kinds of questions can I ask a candidate’s reference?

If you have written authorization from the candidate, you can perform reference checks with their past or current employer(s). However, there are limitations to what you are legally allowed to ask, which are described by employment reference laws. What You Can Ask – The candidate’s dates of employment – The candidate’s job title – The […]

Shares
2018 HSA contribution limit

August 31, 2015

What business entities are exempt from offering HRAs?

Health Reimbursement Accounts (HRAs) aren’t required by law, so every business by default is exempt from offering HRA plans. However, certain business owners, such as sole proprietors and [self-employed business owners](http://www.infinisource.com/media/11669/who_cannot_participate_in_a_cafeteria_plan__fsa_or_hra.pdf), are prohibited from participating in HRAs. The 2% Rule IRS guidelines specify that anyone who has an ownership stake of 2% or more in […]

Shares
2018 HSA contribution limit

August 31, 2015

Can I change my FSA/HSA vendor mid-year?

Flexible Spending Accounts (FSAs) and Health Savings Account (HSAs) are different accounts that can be attached to an employee’s health plan. Changing these plans mid-year is possible, but you must follow the pertinent federal and state codes. Federal Code IRS Notice 2014-55 addresses many of the issues associated with this kind of change. Federal law […]

Shares
2018 HSA contribution limit

August 31, 2015

What’s the appropriate length of time for a candidate’s on-site interview?

General Rule Generally, the length of time depends on the position offered. Candidates usually meet with potential team members and supervisors during on-site interviews. Typically, each interview should be around 30 minutes. The length of the day, then, will depend on the number of team members participating in the interview process. Often, the higher the […]

Shares
2018 HSA contribution limit

August 31, 2015

When is the best time to check a candidate’s references?

The best time to check a candidate’s references is when you intend to present an offer, or when you’re making the final selection between your top two or three candidates. Checking Credentials Reference checking should be used to determine whether a candidate has the credentials you think they have, and to ensure you haven’t misinterpreted […]

Shares
2018 HSA contribution limit

August 31, 2015

If an applicant has two good references and one bad reference, how should the company make the decision whether to move forward with the candidate?

The company should consider the candidate’s reference carefully. A [questionable reference](http://www.eremedia.com/ere/what-every-recruiter-ought-to-know-about-candidates-with-questionable-references/), for instance, can be a red flag. However, it isn’t advisable to blindly accept the word of the reference provider. Before jumping to conclusions, take a second to consider the factors involved. Ask Who Before You Ask Why Who provided the reference in question? […]

Shares
2018 HSA contribution limit

August 31, 2015

How Do HSA Insurance Plans Work?

A Health Savings Account (HSA) is often paired with a High Deductible Health Plan (HDHP). HSAs are used to help pay for medical expenses that aren’t covered by an employee’s general health care plan. These typically draw interest, which is tax free, given that the funds are used for qualified medical expenses. Qualified Medical Expenses […]

Shares
2018 HSA contribution limit

August 31, 2015

How does a company calculate COBRA rates for an HRA plan?

An employer-funded Health Reimbursement Account (HRA) qualifies as a group health plan under Consolidated Omnibus Budget Reconciliation Act (COBRA). You must, therefore, include the HRA in the COBRA package offered to recently employees who’ve recently left the company. You have two options for crunching the numbers: the past cost method or the reasonable actuarial determination. […]

Shares
2018 HSA contribution limit

August 28, 2015

How do I sponsor an employee in need of an H1B visa?

H1B visas allow organizations to employ foreign professionals for specialty occupations for up to 6 years (10 for defense contract workers). Because US immigration is complex, your first step in sponsorship should be a visit to your legal team. You want to ensure all the necessary documents are properly filled out and fees paid. The […]

Shares