IRS Releases PCORI Fee Update: On November 14 th , the IRS announced in Notice 2022-59 that the adjusted applicable amount for the Patient-Centered Outcomes Research (PCOR) Fees is $3.00 for [...]
IRS Releases Revised Form 720 June 18, 2020 IRS released the updated IRS Form 720 a few days ago. Please take note of the following changes to the Form: * Line 5b on the 720 Checklist has been [...]
From the Desk of HSA Limits Released for 2021 May 21, 2020 IRS has just issued Revenue Procedure 2020-32, which provides the 2021 cost-of-living contribution and coverage adjustments for HSAs, [...]
The IRS Says You Have Until July 15 To Make 2019 HSA Contributions The Internal Revenue Service has clarified that the deadline for making Individual Retirement Account and Health Savings Account [...]
IRS Releases New Proposed Regulations for Individual Coverage HRAs Introduction On September 26,2019, IRS released proposed regulations to clarify the application of the employer shared [...]
IRS Releases Affordability Rate for 2020 July 23, 2019 IRS issued Revenue Procedure 2019-19, which decreases the affordability threshold for ACA employer mandate pay or play purposes to 9.78% [...]