13 Mar IRS Requests Input on the Cadillac Tax
The IRS is asking for your input on the "Cadillac Tax". Learn more here...
The IRS is asking for your input on the "Cadillac Tax". Learn more here...
Source: United Benefit Advisors, LLC. Regulatory agencies were busy during the month of February, providing information on a variety of topics including: (1) reporting, (2) premium payment arrangements, (3) single benefit products and excepted benefits, (4) and benefit parameters. More information was also released on the...
Here are the highlights of employer and individual reporting requirements...
The IRS has developed a series of forms that will be used to implement this reporting requirement. Find out more here...
Here are the forms individuals are to use to file their 2014 premium tax credits. Read more here...
Although employers are not required to offer coverage during 2014, individuals are generally required to have health coverage during 2014 and must report on that coverage through their 2014 federal income tax return. Read more here...
Source: United Benefit Advisors, LLCThe IRS has released final regulations that address how wellness incentives or penalties, contributions to a health reimbursement arrangement, and employer contributions to a Section 125 plan are applied to determine affordability. While these regulations were issued in connection with the...
Originally posted December 17, 2014 by Mike Nesper on Employee Benefit Advisor The government recently announced changes to the Form 5500 and the Form 5500-SF. The changes, released by the IRS, Employee Benefits Security Administration and the Pension Benefit Guaranty Corporation, are listed on the Department of...
Source: United Benefit Advisors, LLC Premium tax credits are only available to individuals who obtain health coverage through a Marketplace. A dispute has arisen as to whether the IRS has the ability to interpret PPACA to allow the subsidy to individuals who obtain coverage through any...
Originally posted December 03, 2014 on www.thinkhr.com. IRS Releases Guidance on Hardship Exemptions from ACA Individual Shared Responsibility Payment and Minimum Essential Coverage On November 21, 2014, the IRS released final regulations relating to the requirement to maintain minimum essential coverage enacted by the Patient Protection and Affordable...