Last Chance to Register! Seats are filling up! Penalties, Taxes, and Fines, Oh My! Webinar - Bim Group

Last Chance to Register! Seats are filling up! Penalties, Taxes, and Fines, Oh My! Webinar

Benefit Insurance Marketing is pleased to extend an invitation to attend our upcoming monthly compliance Webinar. In conjunction with our alliance with United Benefit Advisors, you have the opportunity to learn more about the latest compliance trends and regulations from one of the nations leading employment and benefit law firms, Jackson Lewis LLP. Best of all, you can take advantage of the Webinar from the convenience of your office and personal computer. If you are a Team BIM client, you should have received an email on Tuesday, May 26, 2015 with a preferred employer discount code to view the webinar for free.  If you did not receive the email or have misplaced it, please contact compliance@teambim.com with the client name in the subject line. Thank you!

Penalties, Taxes, and Fines, Oh My!

Tuesday, June 9, 2015 2:00 p.m. ET / 11:00 a.m. PT

 

The Patient Protection and Affordable Care Act (PPACA) introduced a variety of new penalties, fines, and taxes that employers are working hard to avoid paying. Two significant penalties include the excise tax, and penalties faced by applicable large employers that do not meet their employer-shared responsibility play or pay obligations. Finally, the implementation of the Cadillac tax is looming, and although the industry is awaiting further regulation and guidance, understanding the basics can help you in the future.

This webinar will explain:

  • The excise tax and what triggers it
  • Self-reporting requirements of the excise tax and what happens if you don’t report
  • How to file IRS Form 8928
  • The HSA comparable contribution rules and taxes for violations
  • When the excise tax is not imposed
  • Best practices to remedy excise tax violations
  • The employer-shared responsibility penalties
  • How to calculate “A” penalties under play or pay
  • How to calculate “B” penalties under play or pay
  • When the penalties will be due
  • The Cadillac tax — what we know, and what we are waiting for
  • Best practices as the industry awaits Cadillac tax implementation

This 90-minute basic to intermediate webinar will help you determine when a penalty is owed and how to report non-compliance.

The presentation slides will be posted on the UBA website the day before the webinar.

PRESENTER

Kathleen R. Barrow, a Shareholder in the Rapid City, South Dakota, office of Jackson Lewis P.C., has designed welfare benefit plans and executive compensation arrangements, and has counseled sponsors and administrators of these types of plans, for 15 years. She has appeared on behalf of clients before the national offices of the United States Treasury and the Department of Labor Employee Benefit Security Administration.

Ms. Barrow actively participates in national coalitions of counsel that assist employers in defending audits of welfare and pension benefit plans. She advises clients and counsel across the country with regard to defined contribution arrangements that provide post-retirement health benefits to employees.

Ms. Barrow received her law degree with honors from the University of Oklahoma College of Law in 1992, where she was a Managing Editor of the Oklahoma Law Review and a member of the Order of the Coif. She received her Masters in Business Administration degree in finance with high honors from Oklahoma City University in 2001. She is licensed to practice in Texas, Oklahoma, North Dakota, South Dakota, Nebraska, and the U.S. Tax Court.

Register here for the webinar.

Register for this webinar today while seating is still available. The webinar is 90 minutes and is an exceptional educational value for only $149. This webinar event has been submitted to the Human Resource Certification Institute to qualify for 1.5 recertification credit hours.

 

This series is brought to you by your Partner Firm of United Benefit Advisors — the nation’s leading independent employee benefits advisory organization with more than 200 Partner offices in the United States, Canada, and the United Kingdom.

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