Project Description

In Notice 2015-17 (2015-10 IRB), the IRS has provided limited transition relief from the assessment of the excise tax under Code Sec. 4980D for small employers (i.e., employers who are not applicable large employers (ALEs)) who reimburse or pay a premium for an individual health insurance policy for an employee. The Notice also addresses other topics, including the treatment, for federal tax and for market reform purposes, of arrangements for reimbursing premiums of 2% S corporation shareholder-employees.  Click here for the RIA Article.