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Blog

Surprise! Small employers to be hit with a tax for helping employees with health care costs

Small businesses with fewer than 50 employees may be exempt from ObamaCare's employer mandate, but they still could face fines for helping employees cover the costs of their health insurance coverage. The Internal Revenue Service (IRS) promulgated the rule against "coverage reimbursement arrangements," which took effect on July 1.

09/08/2015