Employer-Provided Health Coverage Reporting

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The Internal Revenue Service has issued a reminder to taxpayers that, starting with current year (2015) coverage, all providers of health coverage, including employers that provide self-insured coverage, must file annual information returns with the Internal Revenue Service to report certain information about the provided coverage and also about each covered individual. Applicable large employers […]

Internal Revenue Service Budget Cuts Likely to Affect Taxpayers

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On July 22, the Senate Appropriations Subcommittee on Financial Services and General Government  approved a fiscal year (FY) 2016 Internal Revenue Service funding measure that provides $10.475 billion, a cut of $470 million, or 4%, below the FY 2015 enacted level. Appropriators said the decrease in funds would require the Internal Revenue Service to streamline […]