Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Retirement Plan Processor
T Bank NA logo
T Bank NA
(Dallas TX)
Defined Contribution Account Manager
Nova 401(k) Associates logo
Nova 401(k) Associates
(Houston TX / Dallas TX / Scottsdale AZ / Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn

<< Previous news item   |   Next news item >>

Government Moves to Prevent Health Policy Reimbursements
Chimento & Webb, P.C. Link to more items from this source
[Guidance Overview]
Nov. 19, 2014
"On November 6, 2014 ... [the DOL] killed cost savings strategies that were especially helpful to small and mid-size businesses. Employers may not reimburse employees for the cost of individual health policies, even with after-tax dollars. The DOL opinion extends to all employers, including those which are too small -- less than 50 full-time equivalents -- for the 'pay or play' penalties ... Welcome to Internal Revenue Code Section 4980D tax penalties, and the self-assessment process of Form 8928."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020, Inc.