Hot HR compliance issues for small businesses in 2008

June 2008
Employee Benefit News;Jun2008, Vol. 22 Issue 7, p66
The article discusses human resources (HR) compliance issues to be addressed by small businesses by the end of 2008. First is failure to comply with Section 409A, which has been extended on many occasions. Second is the re-execution of prototype plan documents utilized by small businesses. Third is that many small businesses do not realize the need for a document for establishing Section 125 plans, in which employees can pay a portion of their health cost on a pretax basis.


Related Articles

  • Red Tape Still Tangling Medical Professionals. Kovach, Lisa // San Diego Business Journal;5/2/2005, Vol. 26 Issue 18, p4 

    Reports on the cost for small businesses of complying with tax paperwork, recordkeeping and reporting requirements mandated by the federal government in the United States. Impact of the Health Insurance Portability and Accountability Act (HIPAA) on small businesses; HIPAA's deadline to meet...

  • Balancing act. Barrios, Maria // New Orleans CityBusiness (1994 to 2008);9/24/2007, Vol. 28 Issue 9, p10A 

    The article discusses the factors to consider for small businesses to offer employees with health insurance. It is considered that small companies should balance a need for frugality while offering the best possible health benefits to their employees. Jennifer Toups of the New Orleans...

  • Small Firms Can't Afford Not to Provide Health Plans. Wray, Dan // San Diego Business Journal;5/21/2001, Vol. 22 Issue 21, p51 

    Discusses benefits to small businesses of offering health insurance to their employees. Ability to attract and retain best employees; Cost advantage of health care benefits over training; Strengthening the relationship between companies and employees.

  • How to get big-firm perks. TRAGER, CARA S. // Crain's New York Business;7/16/2012, Vol. 28 Issue 29, p0015 

    The article focuses on the assistance offered by professional employer organization (PEO) in health insurance, back-office and human resource (HR). According to co-founder Beth Schoenfeldt of FundedBuy, PEOs provide more robust benefit plan needed by small businesses to recruit top talent. It...

  • Digital Insurance helps brokers serve small group market. Lee, Karen // Employee Benefit News;Sep2003, Vol. 17 Issue 11, p17 

    Looks at the services offered by Digital Insurance, a company based in Atlanta, Georgia, to employee benefits brokers. Target market of the company; Information on the human resource service needs of small companies which brokers find hard to address; Number of benefits brokers with whom the...

  • Even 'optional' benefits add up, so you must choose wisely. Phillips, Tom // Indianapolis Business Journal;9/29/2008, Vol. 29 Issue 30, p34A 

    The article offers tips for small business managers about employee benefits, particularly on health insurance. It states that employee benefits play a crucial role in both attracting and keeping workers. According to the author, benefit programs are most effective when they form part of a...

  • HR Update. Leonard, Bill // HR Magazine;Jun2000, Vol. 45 Issue 6, p27 

    Presents updates related to human resource management in the United States as of June 2000. Closure of the Florida Community Health Purchasing Alliances; Decrease in employment discrimination cases; Increase in the number of small businesses which reject retirement plans for employees.

  • HR's BUSY SEASON. Hirschman, Carolyn // HR Magazine;Dec2004, Vol. 49 Issue 12, p56 

    Presents information on the responsibilities of human resource (HR) professionals during the final weeks of a year. Verification of data related to health, cafeteria and other plans; Incorporation of a company's payroll system with the changes requested by employees; Effectivity of new security...

  • Juggling act. Fitzpatrick, Doreen D. // Westchester County Business Journal;9/11/95, Vol. 34 Issue 37, p18 

    Focuses on the human resources department in small businesses in the United States. Redefinitions of human resources function in most organizations; Comments from Barry Lawrence, spokesperson for the Society for Human Resource Management in Alexandria, Virginia; Absence of human resources...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics