No. Your eyes are not playing tricks on you and there is not a typo in my title. HHS just announced that it is decreasing the annual limit on HIPAA violations for three of the four tiers of violations.
In 2009, Congress greatly increased the amount of penalties that HHS could assess for HIPAA violations in the HITECH Act. HITECH established four tiers ...
In the latest version of the IRS’s correction program for retirement plans (referred to as EPCRS), the IRS has provided guidance that will make it easier for plan sponsors to correct certain plan loan errors. Prior to this guidance, all plan loan errors had to be corrected through either the Voluntary Correction Program (VCP) or Audit CAP ...
We frequently receive inquiries from clients asking us our opinion on whether the ACA will be struck down. We received these questions a lot in the first few years after the law was enacted and they have picked up again in the past year or so. I don’t have a crystal ball, so I am never inclined to give a very definitive answer (and sorry but you won’t get ...