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Insight & advice from the experts at Marshall & Sterling

 
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IRS Releases 2021 HSA Contribution Limits
The IRS recently released the inflation adjusted amounts for 2021 relevant to Health Savings Accounts (HSAs) and high deductible health plans (HDHPs) via Revenue Procedure 2020-32.  
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Getting a boat? Consider your insurance options.
If you own a larger, faster boat, you'll need a separate boatowners insurance policy. Learn about your options and call our team to discuss your individual needs!
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IRS Increases Flexibility for FSAs and DCAs
On May 12, 2020, the IRS issued guidance affecting employee elections under Code Section 125 cafeteria plans, with the goal of providing tax relief and flexibility in the midst of the novel coronavirus pandemic.
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Consider Disability Income Insurance
Should you or your spouse experience a serious illness or injury, how would the loss of income impact you? Disability income insurance helps you to ease the financial difficulty associated with a serious illness or injury that keeps you from working.
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DOL & IRS COVID-19 Relief Extends Deadlines for Employee Benefit Plans
On April 28, 2020, the Department of Labor (DOL) and the Internal Revenue Service (IRS) published a joint notice providing deadline relief to help employee benefit plans, plan participants and plan service providers impacted by the COVID-19 crisis.  
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Ride Sharing and your Insurance
Uber, Lyft and other ride-sharing services can make it easy to make some extra income, and they’re only becoming more popular.  While the popularity of ride-sharing apps is increasing, especially in large cities, so is the host of risks associated with using them.
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Know What to Do in the Event of a Flood: Claims Tips
Although flood insurance is there to help you recover and rebuild your business, you need to know how to make a claim so that you can get all of the coverage you can as soon as possible.
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Designing a Post-coronavirus Office
By updating office layouts, encouraging new behaviors and expanding remote work options, employers can help prevent the spread of future diseases, and protect the health and safety of employees.
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Tips for your Next Home Remodel/Repair
Whether your home improvement projects are large or small, hiring a reliable and competent contractor is vital to any successful project. Here are some tips to help you with this important decision, and watch out for contractor fraud.
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Be Prepared for Earthquakes, and the Disasters that Might Follow
Earthquakes, one of Mother Nature’s most unsettling phenomena, are unpredictable and can strike without warning. That’s why it’s important for you and your family to learn how to prepare for an earthquake, and get the insurance coverage to protect your home.
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