IRS

IRS Continues Assessing Employer Mandate Penalties

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...

Higher HSA Family Contribution Remains for 2018

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 Assessing ACA Penalties

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...

§4980H Offer Requirements and Associated Penalties

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...