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IRS Rule for Premium Payment Plans Could Have 'Devastating Effects' on America's Small Businesses
National Association for the Self-Employed [NASE]
[Opinion] July 1, 2015 "A new [IRS] policy imposing a $100 a day fine per employee on small businesses that offer traditional health reimbursement accounts (HRAs) goes into effect [July 1] and the consequences could be crippling for America's smallest employers....The bipartisan Small Business Healthcare Relief Act ... would provide a remedy to this situation by enabling small businesses to continue to use [HRAs] which allow employers to provide pre-tax dollars to employees to pay for medical care and services." MORE >> |
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