Explore CBIZ’s latest insights on the critical issues that help advance accounting, tax, insurance, HR and much more at your organization. Search for exactly what you need to succeed below.
July 10, 2020
Survey Says: M&A Uncertainty Remains, but Deal Activity Hasn’t Stopped
As we enter into the third quarter, uncertainty around M&A activity remains.
July 9, 2020
HRB 152 - 1) Supreme Court Ruling - Women's Preventive Services Mandate; 2) Re-issued Model Marketplace Notices (article)
HRB 152, issued on July 9, 2020, provides information, education and insight on the following topics:
IRS Provides Guidance on Distribution and Contribution Provisions in CARES Act
The Internal Revenue Service (IRS) recently issued three notices that provided welcome guidance on provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was signed into law on March 27, 2020.
Attorneys Accused Of Fraud In Hawking Easement Tax Scheme
Georgia-based attorneys, accountants and appraisers conspired to defraud hundreds, if not thousands, of individual investors by marketing syndicated conservation easement schemes they knew wouldn't pass muster with the IRS, according to a lawsuit filed in federal court.
Reporting Requirements Impact Private Colleges and Universities
Private colleges and universities face reporting changes, but these new requirement may provide some additional benefits. See the overall impact to your college of university.
July 8, 2020
By Karen McLeese
Massachusetts: MCC Updates
Massachusetts has issued the minimum creditable coverage (MCC) cost of living adjustments for the 2021 tax year.
New ACA Preventive Services
The Affordable Care Act requires health plans to cover certain preventive services, without imposing any cost-sharing requirements, when such services are delivered by in-network providers. The types of covered preventive services, some of which are recommended by the U. S. Preventive Services Task Force, are updated periodically.
Disaster Relief Donation Option
Often when a significant national or local emergency or disaster event occurs, an employee may wish to assist those individuals impacted by the event by donating his/her unused paid time off. Specific to the coronavirus pandemic, the IRS developed a mechanism to provide certain tax relief for employees and employers to facilitate this process.
Supreme Court Rules on Sex
In a 6-3 ruling, the Supreme Court determined that sex is inextricably connected with gender identity and sexual orientation. Therefore, the Title VII definition of sex is defined broadly to include all matters relating to sex.
July 8, 2020
Oregon Clarifies Corporate Activity Tax, Including Foreign Exclusions
Oregon is allowing the exclusion of certain foreign entities from tax filing groups in calculating the state's corporate activity tax and clarifying other aspects of the tax under a bill signed by the governor.