Big News: IRS Undoes the $100-a-Day Obamacare Penalty and Over Taxation of Your Employees
This means that small employers (fewer than 50 employees) who reimburse their employees for individually purchased health insurance are not subject to the $100-a day penalty for 2014, 2015 and 2016. These insurance reimbursements are deductible by the employer and not taxed to the employee.
Hurry, Paperwork must be filed by December 31, 2016
For more information please contact us.
Homeland Estate & Financial Services – 919-679-4337 – HEFS-NC.Com