A recent Internal Revenue Service (IRS) memorandum addresses the tax status of certain fixed-indemnity health plans that promise employers major payroll tax savings. In this American Staffing Association article, Alden J. Bianchi summarizes the memorandum and outlines what employers need to know.
IRS Clarifies Status of Fixed-Indemnity Health Plans Claiming Big Tax Savings
By Alden Bianchi on July 20, 2023
Posted In Employee Benefits, Health and Welfare Plans