by Todd | May 20, 2015
As you are planning for retirement, you’ve probably started thinking about where you’ll live and the leisure activities you’ll finally have time to pursue. But have you considered how you’ll pay for the Long Term Care (LTC) services you may need? According to...
by Todd | May 20, 2015
The Internal Revenue Service announced new 2016 limits for Health Savings Accounts (HSAs) and their related qualifying High Deductible Health Plan (HDHP). For 2016, the annual HSA contribution limit for an individual with self-only coverage under a high deductible...
by Todd | May 15, 2015
Almost two-thirds of tax filers who received insurance via the state or federal insurance Marketplaces had to pay back an average of $729 of the Advance Premium Tax Credit (APTC), cutting their potential refund by almost one-third, according to analysis of filing data...
by Todd | May 13, 2015
The IRS recently released the final forms and instructions for Section 6055 and 6056 reporting. Additionally, the IRS released Publication 5196, Understanding Employer Reporting Requirements of the Health Care Law, in order to help employers prepare for reporting in...
by Todd | May 13, 2015
In late February, the Internal Revenue Service (IRS) released Notice 2015-17, which offers guidance on the prohibition of employer payment plans. These plans are arrangements that pay for or reimburse premiums for individual health plans. The notice reiterates that...
by Todd | Jun 2, 2014
On April 23, the Internal Revenue Service announced new 2015 limits for health savings accounts (HSAs). For 2015, the annual HSA contribution limit for an individual with self-only coverage under a high deductible health plan (HDHP) will be $3,350, while contribution...
