June 6, 2018

0 Comments

June is National Safety Month

Did you know that injuries are the leading cause of death for Americans ages 1 to 40? Poisonings are the number 1 cause of unintentional death in America. This statistic is driven by drug overdose predominantly from prescription pain killers. The National Safety Council, in conjunction with an independent research group, has designed a Substance […]

Continue reading...

May 31, 2018

0 Comments

IRS Releases More Details on Letter 227 – Response to Appeal on Employer Shared Responsibility Payment

Late last year the IRS started sending employer potential penalty letters on the Employer Shared Responsibility requirements of the Affordable Care Act (ACA). The penalties were associated with the 2015 Forms 1094 C and 1095 C that employers submitted in 2016. Prior to releasing the penalty letters, the IRS posted guidance on how the penalty […]

Continue reading...

May 14, 2018

0 Comments

2019 HSA Contribution Limits

The IRS announced inflation-adjusted Health Savings Account limits for 2019 in Revenue Procedure 2018-30. They also announced minimum annual deductible and maximum annual out-of-pocket thresholds for 2019. * The IRS announced they would continue to allow the original limit to stand for the remainder of 2018 despite the mid year reduction to $6,850.  

Continue reading...

April 26, 2018

0 Comments

IRS Extends Relief for Those Affected by 2018 Family HSA Contribution Maximum Change

In early March the IRS announced a change in the family HSA contribution maximum for 2018. As previously discussed, the Tax Cuts and Jobs Bill changed the way the IRS calculates benefit contribution maximums resulting in the 2018 family HSA contribution maximum changing from $6,900 to $6,850. The IRS announced today that taxpayers with family […]

Continue reading...

April 25, 2018

Comments Off on What are the elements of a successful PEO exit?

What are the elements of a successful PEO exit?

For certain small businesses, a professional employer organization (PEO) is a seemingly easy way to outsource many HR functions. However, as your company continues to grow, you’re likely outgrowing your PEO too. Not to mention, many PEO arrangements come with high administrative fees that you could be spending on your own HR talent or HR […]

Continue reading...

April 24, 2018

0 Comments

Required Poster Update – Missouri Unemployment Insurance

The Missouri Division of Employment Security has recently released an updated Notice to Workers Concerning Unemployment Benefits poster. The updated poster clarifies when and how eligible employees can apply for unemployment insurance benefits. The posting also discusses proper worker classification, and explains what workers should do if they think they may be misclassified. . This […]

Continue reading...

April 11, 2018

0 Comments

2018 Terrill Outreach Expo

Check out the video from our 2018 Terrill Outreach Expo! Thank you to all the organizations that participated and made the expo a success!

Continue reading...

April 10, 2018

0 Comments

Missouri State’s Gamma Iota Sigma Field Trip

On March 29th, J.W. Terrill, in conjunction with the Marsh and CNA’s St. Louis office, hosted 13 students from Missouri State’s Gamma Iota Sigma (GIS) insurance fraternity. Gamma Iota Sigma’s club purpose is to promote, encourage and sustain student interest in the insurance, risk management and actuarial science as professions. Of the 13 students who […]

Continue reading...

April 9, 2018

0 Comments

World Health Day – 7 April 2018

2030 Agenda This will be the 70th anniversary year of World Health Day and the World Health Organization (WHO) is calling on world leaders to live up to the pledges they made when they agreed to the Sustainable Development Goals in 2015. What are the Sustainable Development Goals (SDGs)? They are a collection of 17 […]

Continue reading...

March 13, 2018

0 Comments

March is National Nutrition Month

Spring is around the corner so there’s no better time than now to focus on food and some nutrition goals.  National Nutrition Month is a campaign sponsored by the Academy of Nutrition and Dietetics (AND) and its focus is on raising awareness about good nutrition habits and small changes that can lead to healthier lifestyles.  […]

Continue reading...

March 6, 2018

0 Comments

IRS Lowers 2018 Family HSA Contribution Maximum

Late last year Congress passed the Tax Cuts and Jobs Bill into law. It contained a number of tax reforms including a change to the way the Internal Revenue Service (IRS) calculates cost of living increases. The IRS now has to calculate the increases using “Chained CPI.” The new method takes into account consumers switching […]

Continue reading...

February 22, 2018

0 Comments

Upcoming 1094/1095 Deadline

Two 1094/1095 deadlines are quickly approaching for applicable employers. Employers filing paper copies of Forms 1094/1095 have until February 28, 2018 to mail them in to the IRS. Only those employers filing less than 250 informational returns are allowed to file paper copies and it must be sent via First-Class mail. The forms must be […]

Continue reading...