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Sound Benefits Insurance Solutions, LLC Blog: 1_2014

View the latest blog posts from Sound Benefits Insurance Solutions, LLC.

With the Affordable Care Act being enacted, the premise is that health insurance should be freely available and affordable to all Americans, while dispensing higher quality and more stable coverage that it has previously. This will go a long way toward a comprehensively insured population, eliminating the tough choice of whether or not to visit a doctor for uninsured individuals. READ MORE >>

Question:  If our office closes due to a snow day or bad weather, how do we handle pay for our employees? Answer: Pay questions under the Fair Labor Standards Act (FLSA) for partial (or full) day absences that are outside of both the employer’s and the employee’s control due to weather or other natural disasters naturally surface at this time of year. READ MORE >>

While large companies hire Human Resources departments, small businesses don’t have that luxury—yet they still have similar responsibilities to achieve such as payroll and benefits. It can be hard for business owners and/or managers to juggle HR duties with their everyday tasks geared toward the goals of the business. READ MORE >>

A new set of questions and answers expands on previous IRS guidance announcing that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for all federal tax purposes. The Q&As provide further clarification with respect to the federal tax treatment of certain types of employee benefit arrangements. READ MORE >>

The start of the New Year is a great time for employers to review performance goals with their employees. Goal setting can have far-reaching benefits—in addition to increasing an employee's commitment and motivation, an employer can direct its employees' efforts toward maximizing accomplishments and supporting the company's own long-term goals. READ MORE >>

The IRS has issued the 2014 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. 2014 Standard Mileage Rates Beginning on January 1, 2014, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: READ MORE >>

While shifting deadlines are providing employers additional time to comply with certain key requirements under Health Care Reform, a number of significant changes remain scheduled to take effect this year. Here's a look at some of the most important do's and delays that may affect employers and group health plans in 2014: READ MORE >>

You may see it as spending unnecessary money, but on the contrary, offering employee benefits is a great way to set your business up for success. Generous benefits attract quality workers that may have otherwise been turned away if no benefits were offered. READ MORE >>

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Sound Benefits Insurance Solutions, LLC |
2430 Camino Ramon, Ste 114 | San Ramon, CA 94583
| 925-244-1330

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