On Thursday, November 15th 2018, the IRS announced the new limits for 2019 with respect to Health FSAs, Transportation/Commuter Plans, and Qualified Parking Plans. Employers who currently offer healt...
Most of us are well aware that the IRS is actively collecting employer shared responsibility payments from applicable large employers (ALE) who failed to comply with the Section 4980H offer of coverag...
The IRS continues to send out 226J Letters to collect penalties under the §4980H Employer Mandate. Letters are being sent to applicable large employers who appear to owe a penalty based on self-report...
The IRS Provides this FAQ on Notifying Employees of Health Insurance Marketplaces:
Q: Can an employer be fined for failing to provide employees with notice about the Affordable Care Ac...
Great news! The IRS has re-established $6,900 as the 2018 Health Savings Account (HSA) maximum contribution limit for individuals with family coverage under a high deductible health plan (HDHP).
Th...
The IRS is sending penalty Letter 226-J to applicable large employers (ALEs) for not complying with the ACA’s employer mandate requirements for the 2015 tax year. Letter 226-J notifies these employers...
Issue Date: December 2017 We are entering another season of employer reporting deadlines, and the first round of letters from the IRS proposing employer shared responsibility payments under §4980H has...