PCORI Fee Adjustment, Due in 2022
The Affordable Care Act (ACA) imposes a fee on health insurance issuers and plan sponsors of self-insured health plans to help fund the Patient-Centered Outcomes Research Institute (PCORI). The PCORI fee is calculated by multiplying the average number of lives covered...
Compliance ✔- New IRS FAQs on ARPA Tax Credits for Paid Sick and Family Leave
The IRS released new FAQs in June about tax credits for eligible employers who voluntarily provide paid employee leave under the Families First Coronavirus Response Act (FFCRA). The previous-required FFCRA paid sick and family leave expired Dec. 31, 2020, but...
Compliance ✔- 2021 PCORI Fee and Form 720 (Q2)
The Affordable Care Act (ACA) imposes a fee on health insurance issuers and self-insured plan sponsors in order to fund comparative effectiveness research. These fees are widely known as Patient-Centered Outcomes Research Institute (PCORI) fees. Employers who sponsor...