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Securities Offered Through DaVinci Capital Management, Inc.

799 Cambridge St., Cambridge, MA 02141 
617-354-3222 I Member FINRASIPC
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October 21, 2019

Health Insurance Responsibility Disclosure: Massachusetts

Attention Massachusetts Employers with Six or More Employees in Massachusetts. Filing can be done as early as November 15, 2019 on the MassTaxConnect (MTC) Web Portal. The Annual Health Insurance Responsibility Disclosure (HIRD) Form is due no later than December 15, 2019.

In 2018, the state of Massachusetts re-introduced the HIRD form.  The...

October 18, 2019

What happened.  On September 30, 2019 , the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit Assisted Living Concepts, LLC d/b/a Enlivant and North Brook Place, a national owner and operator of senior living facilities, violated federal law by failing or refusing to make a reasonable accommodation to an employee with a disability resulting in her termination.

According to th...

October 4, 2019

What happened.  Exempt employees, because of their rate of pay and type of work that they do, are not eligible for overtime pay for hours worked over 40 in a workweek. Non-exempt employees must be paid time and a half for any hours worked more than 40 in a workweek. On September 24, the Department of Labor announced a final rule changing the salary-test for determining whether an employe...

October 2, 2019

Employers who sponsor group health plans that offer prescription drug coverage to Medicare-eligible individuals are reminded that they must provide the Medicare Part D Notice to those individuals by October 15.

These notices serve to inform Medicare-eligible individuals whether the prescription drug coverage offered is "creditable," meaning it is expected to pay, on average, as much as the s...

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