With the bumped-up deadlines for filing 1099s, W-2s and ACA 1095 forms in 2017, the upcoming tax season will be especially challenging for small businesses and accountants. The tighter timeframe will require careful planning, along with the right resources to complete the filings as quickly and accurately as possible.
One of my C Corporation clients is purchasing group health insurance. Could an HRA be integrated with the plan to reimburse the employees for a high deductible? I presume yes as long as the minimum value required method is used. Also, I presume it’s tax-free to the employee and deductible to the employer? I couldn’t find anything in 2013-54 that states otherwise. Can An Integrated HRA Plan Reimburse Deductibles?
My client is based has a New York C Corporation. The company is currently paying the health insurance coverage for only one employee directly to the insurance provider. There are four other employees that work for the company. Is there an ACA violation if the c corp paid health insurance for just that one employee?