Author Archives: Amy Plent, JD

tax reform race

On its face, the executive order President Trump signed April 21, 2017 feels like the firing of the starter’s gun for the much-anticipated Republican tax reform effort, and that may well be the intention. But is it? Let’s take a closer look.

GOP

With the failure of the AHCA, read more for what you should tell your clients about Obamacare now, and what this means for tax reform.

2017-reporting-deadlines

Though we’re on the brink of some sort of changes to the ACA, current guidance around healthcare reporting still stands. Here’s a quick rundown of what were we still need to comply for form 1095 and taxpayer self-reporting.

proposal

Late Monday, March 6, the full text of Congressional Republicans’ proposal to repeal and replace the Affordable Care Act was finally released. The bill, which has been given the title “The American Healthcare Act,” is now with the Congressional Budget Office (CBO) for “scoring” to determine its costs and impacts. Here’s what we know now about key provisions and their timing.

FBAR

As a result of changes contained in the Surface Transportation and Veterans Health Care Choice Improvement Act of 2015, the FBAR filing deadline has shifted forward to mid-April, effective in 2017. Read more for information on this new date and a new extension option.

QSEHRA

It’s the season of healthcare limbo, but sometimes limbo can be good. On February 27, in Notice 2017-20, the IRS indefinitely suspended notice (and associated penalty) requirements for small employers who use Qualified Small Employer Health Reimbursement Arrangements (QSEHRAs).

2016-tax-developments-in-review

As we close out 2016 at Surgent Professional Education, we’ve rounded up some of the most impactful tax developments of 2016 – a monumental election year that delivered a push-and-pull of amendments, policy developments, and news bulletins. Keeping in mind the looming possibility of tax reform in 2017, we’ve also highlighted the areas we’re watching […]

Form 1095-C-deadline-extended

In a surprising move, the Internal Revenue Service (IRS) issued Notice 2016-70 this week, extending the deadline for employers to furnish form 1095-C to employees and extending the good faith transition relief to the 2016 reporting year.

overtime-rule

As we reported Tuesday, on November 22 a federal district court judge in the Eastern District of Texas issued a nationwide injunction against the implementation of the new Department of Labor (DOL) overtime rules. The regulation was scheduled to take effect yesterday. The ruling, by Judge Amos L. Mazzant III, states that the Obama administration […]

dol-overtime-rules

On November 22 a federal district court judge in the Eastern District of Texas issued a nationwide injunction against the implementation of the new Department of Labor (DOL) overtime rules.  The regulation was scheduled to take effect just days from now, on December 1. The ruling, by Judge Amos L. Mazzant III, states that the […]