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ACA Simplified Employer Reporting – Additional Guidance
At the end of 2024, Conner Strong & Buckelew provided an Update on new Affordable Care Act (ACA) employer reporting changes signed into...
Feb 25
9 views
IRS Expands List of High Deductible Health Plan (HDHP) Preventive Care and Approves Condoms as Medical Care
The IRS has issued two new Notices expanding the list of items and services that qualify as “preventive care” under health savings...
Nov 13, 2024
9 views
ACA Affordability Percentage Increases for 2025
The Affordable Care Act ("ACA”) affordability threshold typically changes every year. As is customary, the IRS has announced the 2025...
Sep 23, 2024
29 views
IRS PCORI Fees Due by July 31, 2024
The Patient-Centered Outcomes Research Institute (“PCORI”) fee was established as part of the Affordable Care Act (“ACA”) to fund medical...
May 21, 2024
19 views
IRS Extends Due Date to Issue Health Coverage Forms to Individuals in 2018
The IRS has issued IRS Notice 2018-06 announcing that it has extended the 2018 due date for certain entities to provide 2017 health...
Dec 27, 2017
2 views
IRS Enforcement of ACA for Employers
IRS is charged with enforcement of the Affordable Care Act (ACA) employer shared responsibility payment (ESRP) rules and all indications...
Nov 15, 2017
5 views
Final 2017 ACA Reporting Forms Released
The Internal Revenue Service (IRS) has issued final 1094-B, 1095-B, 1094-C, and 1095-C forms that employers, plan sponsors and group...
Oct 4, 2017
3 views
ACA Reporting - Draft 2017 Forms and Enforcement
IRS has released draft versions of the Form 1094/1095 information returns for the 2017 tax year (for filing in early 2018), which are...
Aug 7, 2017
4 views
IRS Issues Inflation-Adjusted HSA Amounts for 2018
The Internal Revenue Service (IRS) has issued the 2018 Inflation Adjusted Amounts for Health Savings Accounts (HSAs) paired with...
May 10, 2017
2 views
Updated IRS Guidance on ACA Information Reporting by Employers
The IRS has released a chart and a tax tip to help employers understand the types of forms, the purpose of each, and noteworthy dates for...
Jan 9, 2017
5 views
Health Plan Compliance Websites
The healthcare reform law calls for guidance from various agencies (often jointly), including the Department of Health and Human Services...
Nov 1, 2012
3 views
2013 HSA/HDHP Limits Released
The Internal Revenue Service (IRS) has released the inflation-adjusted amounts for Health Savings Accounts (HSAs) effective for calendar...
May 2, 2012
1 view
First Comparative Effectiveness Fee Due July 2013
The Internal Revenue Service (IRS) has released a proposed regulation explaining a new fee (the patient-centered outcomes research fee or...
Apr 24, 2012
5 views
IRS Audits Focus on Fringe Benefits
IRS Audits Focus on Fringe Benefits The Internal Revenue Service (IRS) has informally indicated that it will audit 6,000 randomly...
Nov 17, 2011
7 views
IRS Proposes "Affordability" Safe Harbor Under Shared Responsibility Provisions
Starting in 2014, applicable large employers may be required to pay a “shared responsibility” penalty (sometimes referred to as the “play...
Sep 22, 2011
3 views
IRS Asks for Comments on Employer Mandate "Shared Responsibility" Provisions
Starting in 2014, employers with 50 or more full-time (FT) employees that do not offer affordable health coverage to their FT employees...
May 11, 2011
2 views
Support for Nursing Mothers
The federal government continues to support the needs of working women who breastfeed their infant children. The healthcare reform law...
Feb 15, 2011
4 views
Debit Cards for Over-the-Counter (OTC) Medicines Permitted
The IRS has issued new guidance (IRS Notice 2011-5) to allow participants to continue to use flexible spending account (FSA) and health...
Jan 4, 2011
14 views
Delayed Implementation of Insured Plan Nondiscrimination Rules
IRS has issued Notice 2011-1 to announce that compliance with the insured plan nondiscrimination rule will not be required until years...
Dec 28, 2010
2 views
IRS Issues More Guidance on Small Business Health Coverage Tax Credit
IRS has issued detailed guidance on the small employer health insurance credit created by the Affordable Care Act. The guidance provides...
Dec 10, 2010
2 views