Business Owners – The IRS is Coming After You

[longknife]

I.R.S. Bars Employers From Dumping Workers Into Health Exchange

By ROBERT PEARMAY 25, 2014

WASHINGTON — Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay premiums, but the Obama administration has squelched the idea in a new ruling. Such arrangements do not satisfy the health care law, the administration said, and employers may be subject to a tax penalty of $100 a day — or $36,500 a year — for each employee who goes into the individual marketplace.

“Pass it – then read it.”

Remember that?

Well, daily we read of the farce the ACA actually is. Individuals and families find themselves facing bankrupting fees for minimal programs and employers are either not hiring or turning the employees they have into part-timers.

Yet some on the left are claiming it to be a success.

Read more of this particular story @ http://www.nytimes.com/2014/05/26/u...ng-workers-into-health-exchanges.html?hp&_r=1

 

[billyerock1991]

this is nothing new ... it only affects companies with 50 or more employees ... this was to keep the companies from dumping their employees health care on the public ... so yes they can do this but that so they don't get off scott free ... they will pay the price ... its fine with me...