The continuing resolution to fund the government through Feb. 8 also delays the so-called Cadillac tax on high-cost health plans for an additional two years beyond 2019.
Affordable Care Act (ACA)
Plans are being marketed based on their tax benefits, but the IRS warns they can lead to unexpected taxes for the employer and employees.
The DOL has provided safe harbors to help employers ensure they avoid ERISA.
A number of wellness plans and health plan arrangements have been marketed to employers as a way to save employment and income taxes for employers and employees.
The health care bill released by Senate Republicans on Thursday would retain the Affordable Care Act’s 3.8% net investment tax and the 0.9% Medicare surtax.
The IRS issued the inflation-adjusted figures for the annual contribution limits for health savings accounts.
The Senate Republicans’ bill to replace Obamacare would repeal many of the Affordable Care Act’s tax provisions. Here’s a look at the tax changes in the bill.
The IRS released the 2018 annual inflation-adjusted amounts that apply to health savings accounts.
The draft proposals to repeal the Affordable Care Act released by House Republicans evening would make many tax changes if enacted. Here’s a look at their impact on the tax code.
New law allows certain small businesses to use HRAs without incurring penalties under the PPACA.
The IRS announced extended due dates for information returns required to be filed under the Patient Protection and Affordable Care Act.
The Senate passed the 21st Century Cures Act, which, among other things, permits certain employers to offer health reimbursement arrangements to employees without running afoul of the Patient Protection and Affordable Care Act’s market reform provisions.
In response to concerns from employers, insurers, and other providers of minimum essential coverage, the Internal Revenue Service announced that it is extending the due dates for certain health care forms required under the Patient Protection and Affordable Care Act.
Understanding forms 1095-A and 1095-B can help in preparing clients' individual income tax returns and fulfilling their professional due-diligence responsibilities.
For employees to evaluate the true tax benefits, they must understand the wellness programs and plans being offered.
Many business decision-makers will have questions about whether the tax applies to them and whether it can be avoided altogether.
Employer Beware: Affiliated Service Group Is a Single Employer for Benefit and Health Care Coverage Testing
Practitioners may not know how the affiliated service group rules apply to various situations.
The IRS issued the inflation-adjusted figures for calendar year 2017 for the annual contribution limits for health savings accounts.
The so-called Cadillac plan excise tax is now scheduled to take effect in 2020.
In response to concerns by employers and insurers about meeting the current due dates for information returns required under the health care law, the IRS delayed the due dates for these returns for the upcoming filing season.