Wednesday, December 7, 2016

Congress Eliminates IRS Penalty on Employer Reimbursements for Health Insurance – Accounting Today



Congress Eliminates IRS Penalty on Employer Reimbursements for Health Insurance
Accounting Today
The IRS began enforcing the penalty on employers last year, even though it isn’t part of the Affordable Care Act. Employers who violate the rule can be fined up to $100 per day for each employee, or up to $36,500 a year, which is 18 times more than the …

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