IRS: Affordable Care Act Affordability Percentages Will Decrease for 2022
Affordability Percentages Will Decrease for 2022 On Aug. 30, 2021, the IRS issued Revenue Procedure 2021-36 to index the contribution percentages in 2022 for determining affordability of an employer’s plan under the Affordable Care Act...
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COBRA Subsidy Expiration Notice Due by Sept. 15
COBRA Subsidy Expiration Notice Due by Sept. 15 (Sooner for Some) The American Rescue Plan Act (ARPA) provides COBRA premium assistance to eligible individuals and imposes notice requirements on health plans. One such requirement is...
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Per IRS, FFCRA/ARPA Tax Credits Apply to COVID-19 Immunization Care
IRS: FFCRA Leave Credits Apply for COVID-19 Immunization of Others The IRS has updated its frequently asked questions (FAQs) on employer tax credits for providing employee leave under the Families First Coronavirus Response Act (FFCRA)...
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The Newest IRS Rules Under the FFCRA, and What That Means for Org. Tax Credits
IRS Guidance on Tax Credits for Employee Leave Under the FFCRA The Families First Coronavirus Response Act (FFCRA), passed in March 2020, required small and midsized employers to provide paid employee leave for specific COVID-19-related...
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