by keyseradmin | Jan 20, 2022 | Compliance, Employee Benefits
By Brian M. Johnston The IRS just released IRS Notice 2022-04 that provides the updated fee for Patient-Centered Outcomes Research Institute (PCORI) paid by fully insured and self-funded health plans for the upcoming tax reporting period. As we stated before, even...
by keyseradmin | Apr 19, 2021 | Compliance
Internal Revenue Service Announcement 2021-7 This announcement notifies taxpayers that amounts paid for personal protective equipment, such as masks, hand sanitizer and sanitizing wipes, for the primary purpose of preventing the spread of the Coronavirus Disease 2019...
by keyseradmin | Dec 14, 2020 | Employee Benefits, Human Resources
Earlier this summer, the Internal Revenue Service (IRS) and the Department of Health and Human Services (HHS) made several important changes to the Affordable Care Act (ACA) employer mandate and reporting. Background As many readers are aware by now, applicable large...
by keyseradmin | Dec 14, 2020 | Employee Benefits, Human Resources
The IRS has announced that employer-sponsored health coverage will satisfy the Affordable Care Act (ACA) affordability requirement next year if the lowest-cost, self-only coverage option an employer offers does not exceed 9.83 percent of an employee’s household...
by keyseradmin | Nov 19, 2020 | Compliance, Employee Benefits, Human Resources
By Beth Miller Following announcements by both the Internal Revenue Service and the Social Security Administration, most of the information on 2021 dollar amounts that employers will need to administer their benefit plans is now available. The key dollar...
