MA Extends Open Enrollment Period for Benefit Year 2020
MA Extends Open Enrollment Period for Benefit Year 2020 The open enrollment period for the 2020 benefit year in Massachusetts will extend from November 1, 2019, through January 23, 2020 (well beyond the standard end date of December 15.) The MA DOI issued information on this special enrollment period in Bulletin 2019-03, Guidance Regarding Open…
Short-Term Rental Update: New Tax Rules Take Effect July 1
Short-Term Rental Update: New Tax Rules Take Effect July 1 The time has come. As of July 1, 2019, short-term rental operators in MA will need to register with MassTaxConnect, and begin collecting and remitting the required 5.7% tax. In the June DOR newsletter, Commissioner Christopher Harding spelled out the requirements and gave links for…
PFML Update: Implementation Delay & Rate Increase
PFML Update: Implementation Delay & Rate Increase Implementation of the MA Paid Family and Medical Leave (PFML) has been delayed for three months. While this gives MA employers a little extra time to meet their new responsibilities under the law, it also means the withholding rate will increase from .63% to .75%, as the state has…
Proposed MA Millionaire’s Tax is a Tax on Your Retirement Fund
Proposed MA Millionaire’s Tax is a Tax on Your Retirement Fund Supporters of MA House Bill No. 86 and Senate Bill No. 12, the proposed Fair Share Amendment (a.k.a., millionaire’s tax), want to add a 4 percent surtax on income over $1 million. What they neglect to mention is what it will mean for non-millionaire…
5 Things MA Employers Need to Know about MPFL TODAY
5 Things MA Employers Need to Know about MPFL TODAY By Joseph J. Lawler, CEBS
And the Award Goes to… Massachusetts Agents!
And the Award Goes to… Massachusetts Agents! L-R: Nick Fyntrilakis, Joe Leahy, John Koegel, Ray Gallant Massachusetts again received the National Championship Award for the most contributions of any state to InsurPac. John Koegel, Chairman, MAIA; Ray Gallant, National Director and InsurPac National Chairman; and Nick Fyntrilakis, MAIA President and CEO accepted the award on…
MAIA Meets with MA Congressional Delegation at Legislative Conference in DC
MAIA Meets with MA Congressional Delegation at Legislative Conference in DC A contingent of more than 20 MAIA members has returned from the 2019 Big “I” Legislative Conference in Washington, DC, with renewed excitement and determination. The group visited the offices of our Massachusetts delegation to discuss Big “I” legislative priorities. Pictured are MAIA board…
Priority Bills for the 2019-2020 Legislative Session
Priority Bills for the 2019-2020 Legislative Session It has been a busy and productive start to the 2019-2020 Legislative Session. MAIA’s priority bills (listed below) were filed by our legislative allies, we worked to sign on cosponsors in support of our legislation, and all our bills have now been officially assigned to committee.
Big “I” Agent Encourages Congress to Modernize and Reauthorize the NFIP
Big “I” Agent Encourages Congress to Modernize and Reauthorize the NFIP
Chair of Big “I” Flood Task Force Testifies Before US House on March 13th
Chair of Big “I” Flood Task Force Testifies Before US House on March 13th Big “I” Flood Task Force Chair Chris Heidrick will be the only insurance witness testifying at a hearing titled, “Preparing for the Storm: Reauthorization of the National Flood Insurance Program” before the U.S. House of Representatives Financial Services Committee. The hearing…
Our Voices Were Heard: Over 60 Legislators Co-Sponsored Our Bill
Our Voices Were Heard: Over 60 Legislators Co-Sponsored Our Bill Thank you and congratulations to everyone who took prompt action last week when MAIA sent out the call to action! Your efforts urging legislators to cosponsor HD1011 / SD919, “An Act Relative to Fair and Accurate Motor Vehicle Insurance Quotes,” yielded a terrific response —…
Big Tax Win for Pass-Through Owners & Shareholders
Big Tax Win for Pass-Through Owners & Shareholders The IRS issued its final regulation governing Section 199A of the IRS tax code, and the insurance community has been buzzing. The new rule makes owners and shareholders of pass-through entities eligible for a tax deduction of up to 20% on qualified business income! This is a…
- « Previous
- 1
- 2
- 3
- 4