Week of April 19th 2024 | SSG Insights

Deadline Reminder: RxDC Reports Are Due by June 1, 2024

The next prescription drug data collection (RxDC) report is due by Saturday, June 1, 2024. This Legal Update highlights this upcoming deadline.

Considering Strategic Promotions

Today's pressing talent crunch, rapid digital transformation, and shifting skill requirements call for a refreshed talent management approach.  Companies that excel in maximizing the potential of their workforce through promotions can reduce turnover costs and boost employee engagement.

ACA Information Reporting Penalties Increased for Returns Filed in 2025

IRS Revenue Procedure 2023-34 includes updated penalty amounts that may apply to reporting entities that fail to comply with the Affordable Care Act’s (ACA) requirements under Internal Revenue Code Sections 6055 and 6056. The increased amounts apply to 2024 information returns and individual statements that are required to be filed and furnished in 2025.

WEBINAR: The Risks and Rewards of Offering Tax-Favored Accounts

Attend this month's webinar to learn about the benefits and risks of offering tax-favored accounts.