Congress Punts Tax Questions for Two Months

With most Members of Congress already home for the holidays, a bill was approved on December 23 by unanimous consent in the House and Senate to extend for two months the current 4.2% employee payroll tax rate, as well as current rules for unemployment benefits and Medicare reimbursement rates. Read more

NAIFA Submits Comments to Federal Insurance Office

On December 16 NAIFA submitted a comment letter to Federal Insurance Office Director Michael T. McRaith on the FIO’s Dodd-Frank required study on the modernization and improvement of insurance regulation. Read more

Members of Congress Urge SEC to Reign in Proposed Municipal Advisor Registration Rule

On December 19, 35 bipartisan members of the House sent a letter to SEC Chairman Mary Schapiro asking the SEC to scale back its proposal regarding who should be required to register as a municipal advisor. Read more

HHS Give States Flexibility in Setting Coverage of Essential Health Benefits

The Administration recently released guidance to states on establishing the essential benefits package that will be offered in the health insurance exchanges that will be established in 2014. Read more

Does Your Compliance Officer Understand the SEC’s Pay to Play Rule?

The SEC’s “Pay to Play” Rule  -  which went into effect on March 14, 2011 -  significantly changed the environment in which NAIFA members can exercise their right and duty to participate in the political process. Read more

IRS Amends W-2 Reporting Interim Guidance

On January 3, the IRS issued Notice 2012-9, which amends interim guidance for employers on reporting the cost of their group health insurance on Forms W-2 beginning in the 2012 tax year. Read more

NAIFA National and State Associations Strengthen Relationships with State Legislators/Regulators

NAIFA and its state associations continue to emphasize the importance of a sound legislative and regulatory program. Read more

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