Worthy Christian News » US News » I.R.S. Bars Employers From Dumping Workers Into Health Exchanges


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

Tuesday, May 27, 2014 | Worthy News / US News

Despite assurances to the contrary, the IRS didn’t destroy all of the donor lists scooped up in its tea party targeting — and a check of those lists reveals that the tax agency audited 10 percent of those donors, much higher than the audit rate for average Americans, House Republicans revealed Wednesday.
Despite assurances to the contrary, the IRS didn’t destroy all of the donor lists scooped up in its tea party targeting — and a check of those lists reveals that the tax agency audited 10 percent of those donors, much higher than the audit rate for average Americans, House Republicans revealed Wednesday.

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.

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Worthy Christian News » US News » I.R.S. Bars Employers From Dumping Workers Into Health Exchanges

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