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The Latest From Pentra

Information on our events, webinars and regulatory announcements can be found here. If you have any questions or would like to request more information or copies of material, please contact Pentra today.

November 21, 2017 | Massachusetts Releases Proposed Regulations on EMAC Supplement; HIRD Form Returns | Read Full Article
On August 1, 2017, Massachusetts Governor Charlie Baker signed H.3822, which increases the existing Employer Medical Assistance Contribution (EMAC) and imposes an additional fee (EMAC Supplement) on employers with employees covered under MassHealth (Medicaid) or who receive subsidized coverage through ConnectorCare (certain plans offered through Massachusetts’ Marketplace).
November 10, 2017 | IRS Updates Employer Mandate FAQs, Indicates that Penalty Letters are Imminent; Issues Form Letter 226J | Read Full Article
The Internal Revenue Service (IRS) has updated its list of frequently asked questions (FAQs) on the Affordable Care Act’s employer shared responsibility provisions – also known as the “pay or play” mandate. In particular, questions 55 through 58 provide guidance for employers who may be subject to shared responsibility payments.
November 15, 2017 | IRS Updates Employer Mandate FAQs, Indicates that Penalty Letters are Imminent; Issues Form Letter 226J | Read Full Article
The Internal Revenue Service (IRS) has updated its list of frequently asked questions (FAQs) on the Affordable Care Act’s employer shared responsibility provisions – also known as the “pay or play” mandate. In particular, questions 55 through 58 provide guidance for employers who may be subject to shared responsibility payments.
November 15, 2017 | IRS Updates Employer Mandate FAQs, Indicates that Penalty Letters are Imminent; Issues Form Letter 226J | Read Full Article
The Internal Revenue Service (IRS) has updated its list of frequently asked questions (FAQs) on the Affordable Care Act’s employer shared responsibility provisions – also known as the “pay or play” mandate. In particular, questions 55 through 58 provide guidance for employers who may be subject to shared responsibility payments.
October 24, 2017 | IRS Increases Health FSA Contribution Limit for 2018, Adjusts Other Benefit Limits | Read Full Article
On October 20, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-58, which raises the health Flexible Spending Account (FSA) salary reduction contribution limit by $50 to $2,650 for plan years beginning in 2018. The Revenue Procedure also contains the cost-of-living adjustments that apply to dollar limitations in certain sections of the Internal Revenue Code.