CURRENT NEWS AND
REGULATORY UPDATES

All News & Updates

Final Forms and Instructions for 2020 ACA Reporting Released

Oct. 29, 2020 – The Internal Revenue Service (IRS) released final 2020 forms and instructions for reporting under Internal Revenue Code (Code) Sections 6055 and 6056.

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DOL Updates Q&As on Employee Leave Under the FFCRA

Oct. 9, 2020 – the DOL made revisions to FFCRA regulations, undertaken in response to a federal court decision that invalidated part of the original regulations.

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IRS Provides Transition Relief for 2020 ACA Reporting

On Oct. 2, 2020, the Internal Revenue Service (IRS) issued Notice 2020-76.

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TPS Insurance of Owatonna Joins North Risk Partners

Sept. 25, 2020 – In July TPS Insurance Agency in Owatonna, Minn., joined North Risk Partners. All seven members of TPS’ team will continue to…

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Fiedler Insurance in Sioux Falls Joins North Risk Partners

Sept. 24, 2020 – Employee benefits agency Fiedler Insurance in Sioux Falls, S.D., has joined North Risk Partners. The new partnership, effective July, expands North…

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New Family Medical Leave Rules in Massachusetts

August 28, 2020 – Beginning January 1, 2021, Paid Family Medical Leave (PFML) benefits will become available in Massachusetts.

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Affordability Percentages Will Increase for 2021

August 3, 2020 – The IRS issued Revenue Procedure 2020-36 to index the contribution percentages in 2021 for determining affordability of an employer’s plan under the Affordable Care Act (ACA).

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Some Draft Forms for 2020 ACA Reporting Released

August 3, 2020 – The Internal Revenue Service (IRS) released draft 2020 forms for reporting under Internal Revenue Code (Code) Section 6056.

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Executive Order Mandating Face Coverings in Minnesota

On Saturday, July 25, people in Minnesota were required to begin wearing face coverings in all public indoor spaces to help prevent the spread of COVID-19 per Executive Order 20-81 issued by Governor Walz.

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Title IX Rules on Sexual Misconduct

July 13, 2020 – After a lengthy notice and comment process, the Department of Education released its long-awaited Title IX rules on sexual harassment on May 6, 2020.

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$10K Grants for MN Businesses Under 50 Employees

June 29, 2020 – The Minnesota Department of Employment and Economic Development (DEED) announced the opening of applications for the new Minnesota Small Business Relief Grants Program.

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All Minnesota Businesses Must Have Preparedness Plan Starting June 29

June 26, 2020 – The Governor’s office is requiring all Minnesota businesses to establish and implement a COVID-19 Preparedness Plan by Monday, June 29 per Emergency Executive Order 20-74.

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