Benefit Planning Consultants Inc

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Welcome to BPC

Benefit Planning Consultants, Inc., is a full service Benefit and Human Resources consulting firm specializing in many different fields. BPC brings highly competent and experienced professionals to your team, all striving to provide exceptional customer service.
For almost 30 years, BPC's dedication to excellence has resulted in strong growth. Currently, BPC administers over 1600 Retirement and Employee Benefit Plans for clients all across the nation.
Choosing a benefit plan and HR services that can best meet your company's needs is one of the most important decisions you can make for your company and employees. So, whether you are setting up a new plan or program, or changing an existing plan, let BPC help you build a secure future.

The IRS issued Notice 2010-69 which provides interim relief to employers from the mandatory reporting of the cost of employer-sponsored group health plan coverage on employees' Form W-2s beginning with the 2011 tax year. Further guidance is expected before the end of 2010 regarding the use of COBRA rules to determine the value of coverage and other issues that need clarification before reporting becomes mandatory. [Read Article]
Updated IRS Guidance: OTC Changes Effective January 1, 2011

On Friday, September 3, 2010, the IRS issued Notice 2010-59 and Revenue Ruling 2010-23 which provided initial guidance with respect to the new rule included in the Affordable Care Act that requires a doctor's prescription for the reimbursement of over-the-counter (OTC) drugs and medicines from Health FSA accounts and other tax-advantaged health care accounts. [Read Article]
IRS Issues Guidance on OTC Changes for 1/1/2011

September 3, 2010, the IRS issued guidance on what to expect with the coming changes to FSA over-the-counter medication qualifications for reimbursement. Changes go into effect 1/1/2011. [Read Article]