IRS creates “Healthcare Law Online Resources” site and Publication

by | Aug 15, 2013 | Observations, Tax and Accounting Desk

IRS creates “Healthcare Law Online Resources” site and Publication The IRS has posted Publication 5093, Healthcare Law Online Resources, on its website. The page has a section for employers as well as individuals that has links to employer resources for information on health insurance, tax/legal responsibilities, and small business resources.

The link to health insurance information has a quick survey to help employers and individuals get to the best plans and prices for their needs.  The Small Business Health Options Program (SHOP) is a new way for a small business to buy high-quality health insurance for its employees. The Marketplace opens for business on Oct. 1, 2013.

The tax benefits and responsibilities link goes to the IRS webpage for Affordable Care Act (ACA) tax provisions.

The link to small business resources contains information from the SBA.gov site on the key provisions in the ACA.

The link for legal guidance on the labor provisions is to the U.S. Department of Labor’s webpage on the ACA. The web page includes ACA regulations and guidance.

The U.S. Government business portal link includes a link where employers may learn about the new health care changes. There is a wizard that asks a series of questions (e.g., “How many full-time equivalent employees do you have?”) to help employers determine how they are affected by the new health care law.

Thanks to RIA Payroll Newsletter for up-to-the minute tips on this quickly development for large and small employers alike.

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