BCC News & Events

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IRS Releases COBRA Subsidy FAQs

The Internal Revenue Service (IRS) has issued new COBRA subsidy guidance in Notice 2021-46 (the Notice) which supplements guidance released earlier in Notice 2021-31. The new Notice principally addresses issues related to the process plan sponsors use to recover lost COBRA premium payments through a payroll tax credit.

IRS Clarifies DCAPs in 2021 & 2022

The Internal Revenue Service (IRS) released Notice 2021-26 clarifying what amounts may be...

Scheduled Maintenance for BenXcel

BenXcel will undergo scheduled maintenance and will be unavailable to all users between 11:30 am...

What Employers Should Consider as DCAP Increases

Many employers are considering whether to increase the maximum Dependent Care Assistance Program...

HSA, HRA, or FSA: Which Plan is right for your clients?

While most brokers understand the difference between HSAs, HRAs, and FSAs, how do you know which...

UPDATE: New COBRA Subsidy Website

The Department of Labor (DOL) has released model notices and a COBRA subsidy information website...

IRS Announces PPE is a Medical Expense

The IRS has released Announcement 2021-7, which notifies taxpayers that amounts paid for...

Families First Coronavirus Response Act & Update From BCC

As daily news surrounding COVID-19/Coronavirus continues to put pressure on the entire world, we...

5 Steps for Year-round Benefits Engagement

Open enrollment is something you probably only think about a few times a year. For employees, it...

COBRA’s Subsidy Proposal and What it Means for You

President Biden released his proposal for the next COVID-19 relief bill. This comes as a great...