IRS | beneportalplus

News and Updates

Nov 13

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...

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Sep 23

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...

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May 21

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...

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Dec 27, 2017

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...

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Nov 15, 2017

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...

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Oct 4, 2017

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...

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Aug 7, 2017

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...

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May 10, 2017

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...

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Jan 9, 2017

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...

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Nov 1, 2012

Health Plan Compliance Websites

The healthcare reform law calls for guidance from various agencies (often jointly), including the Department of Health and Human Services...

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May 2, 2012

2013 HSA/HDHP Limits Released

The Internal Revenue Service (IRS) has released the inflation-adjusted amounts for Health Savings Accounts (HSAs) effective for calendar...

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Apr 24, 2012

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...

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Nov 17, 2011

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...

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Sep 22, 2011

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...

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May 11, 2011

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...

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Feb 15, 2011

Support for Nursing Mothers

The federal government continues to support the needs of working women who breastfeed their infant children. The healthcare reform law...

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Jan 4, 2011

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...

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Dec 28, 2010

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...

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Dec 10, 2010

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...

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Oct 21, 2010

W-2 HEALTH COVERAGE REPORTING DELAYED

The Internal Revenue Service (IRS) issued a Notice announcing that employers won't have to report the value of employer-sponsored group...

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