DataPath Support
As part of their ongoing efforts to provide you with the best
support possible, DataPath's
Support Team has implemented ITRACK, an in-house tool to log,
track, respond, and escalate
support issues or
client recommendations.
IRS Revises Mileage Rates
IRS has modifed Rev. Proc. 2004-64, 2004-49 I.R.B. 898 by revising optional
standard mileage rates. The 48.5 cents per mile
for Business and
22 cents per mile for Medical and Moving will be effective for miles
driven between Sept. 1 and Dec. 31, 2005. See Press
Release and Announcement
2005-71 for more inforemation.
Upcoming Seminars
DPI 125 Basic Software Training:
October 19-20
December 7-8
DPI 125 Advanced / CMS Software:
October 11-12
November 29-30
Global Claims Processing / CMS:
October 13
December 1
DPI-105 HRA Software
October 14
Decenber 2
DPI COBRA Education/Training:
October 10
November 28
myHSAToday™ Training:
October 18
December 6
Click
here to view Event Calendar.
All seminars will be in Little Rock, AR.
DataPath
Websites
dpath.com
myHSAtoday.com
hsa223.com
hra105.com
myResourceCard.com
mySourceCard.com
idpas.com
Change0fStatus.com
DataPath Web
Services
my RSC.com
DNS:
DataPath Web Services
EFTS:
Electronic Funds Transfer Service
Check us out!
Who
We Are
Our
Mission
Our
Vision for Tomorrow
Let's Build a Relationship!
Our Strengths!
What People are Saying about DataPath
Contact Us
Email Sales or call
1-800-633-3841
Email
Technical Support
or call 1-501-296-9993
Comments?
Suggestions?
If you have any comments on the articles in this newsletter or suggestions
for future newsletters, please email mvinson@dpath.com. We welcome your input.
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The Conference was great!
Hope you were there.
This Conference was the best we have had! Great topics and great speakers!
John Robbins, Sr. led off with his talk on "The Current State
of Affairs", providing an "overview of industry convergence
on the PSP traditional space and bringing to light some issues and opportunities
facing service providers across
the country." (Watch for future newsletter articles on this subject.)
John
Hickman and Ashley Gillihan (Alston & Byrd, Atlanta, GA) provided
a legal update
on all the recent changes, and speakers showed how they were profitably
incorporating those changes in their business.
DataPath staff brought users up on the latest changes to the DataPath
systems, and conducted separate workshops on how to best utilize the
systems. This was when they weren't patting each other on the back for
deciding to change the Annual Conference from New Orleans to Tunica,
MS.
Take a look at the Conference's Agenda which
not only shows the scheduled presentation and presentors, but also a
brief description of each presentation. Then put a reminder on next
year's calendar to attend the 2006 Annual Conference.
DataPath
Systems:
New
Features and Improvements
We are proud of the many new features and improvements for the DataPath
systems that have been released recently or will be released within
the next two months. Many of these are at the request of our users.
We are always glad to receive suggestions from you.
Click
here to see a list of the new features and improvements.
Good News for Max105 Users
DataPath has added Electronic Funds Transfer (EFT) capability to Max105.
Click
here for details and instructions how to add the new capability to
your Max105.
IRS OKs Non-Elective HRA Roll-In of Unused Leave When Employee Retires
IRS has released Revenue
Ruling 2005-24 which answered the question: "Are amounts paid
to an employee under a reimbursement plan that provides for the payment
of unused reimbursement amounts in cash or other benefits excludable
from gross income under § 105(b) of the Internal Revenue Code (the
Code)?"
While reiterating that cash cannot be an option under a HRA, one scenario
illustrates that the employer can automatically and on a mandatory
basis contribute the value of all or a portion of the retired
employee's unused vacation and sick leave to the employee's HRA. These
funds can be used for future HRA-eligible expenses.
Click
here for details.
U. S. Labor Dept. Gives 5500 Reporting Relief for Areas Hit by Hurricane
Katrina
On September 20, 2005, The U.S. Department of Labor’s Employee
Benefits Security Administration (EBSA) announced additional time
has been granted to January 3, 2006, for filing deadline of Form 5500
and Form 5500 EZ annual report/returns for employee benefit plans affected
by Hurricane Katrina.
Click
here to read the rest of the article.
DOL
Extends Time Frames for Hurricane Katrina Victims
For participants, beneficiaries, and plans in the disaster areas, certain
time frames for COBRA, HIPAA, Benefit Claim Procedure Rules have been
extended for the period between
August 29, 2005 and January 3, 2006. The effect is to freeze the application
of the time periods through January 3, 2006.
Click
here for details.
IRS Relief for Hurricane Victims
The IRS has issued tax relief for the victims of Hurricane Katrina
and Hurricane Rita.
The relief for Hurricane Katrina consists of the following:
- 401(k) plans and similar plans, such as those under section 403(b),
will be permitted to make loans and hardship distributions to victims
of Hurricane Katrina.
- Leave-donation program benefiting Hurricane Katrina victims.
- Extension for minimum funding contributions for certain employee
benefit plans.
- Deadline extended for affected
taxpayers to file tax returns, pay taxes and perform other time-sensitive
acts.
The relief for Hurricane Tina consists of the following:
- Deadline extended for affected taxpayers to file tax returns, pay taxes,
and perform other time-sensitive acts.
Click
here for details and relevant links.
IRS
Clarifies W-2 Reporting for DCAPs with 2 1/2 Month Grace Periods
On September 7, 2005, IRS released IRS
Notice 2005-61 clarifying W-2
reporting for Dependent Care Assistance Plans (DCAPs) with 2 1/2 month
grace periods as allowed by IRS
Notice 2005-42. This Notice is good news for employers wanting to
allow their employees to use such a grace period.
There was some worry that if a grace period were allowed for a DCAP plan
that employers would have to start reporting actual reimbursement for
the year rather than the amount of salary reductions. However,
Notice 2005-61 clarifies the W-2 reporting requirements for DCAPs with
grace periods. Employers can still rely on Notice 89-111 and
report the employee’s salary reductions for a DCAP in Box 10 or
their W-2.
Click
here for further info and to learn how DataPath is updating DPI-125
to handle the new grace period.
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