Wednesday, June 11, 2014

IRS reveals massive $36,500 per employee health reform penalty

By Christian Schappel


Introducing the worst monetary penalty — on a per employee basis — an employer can subject itself to under healthcare reform. 

The Internal Revenue Service (IRS) does not want employers thinking they can send employees to a health insurance exchange or the open insurance market with a tax-free contribution to help them pay premiums.

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