Fall 2010 issue of Horizons

will become no longer eligible for FSA, HSA, or HRA reimbursement. The penalty on excess HSA withdrawals increases to 20 percent. 2012: Employers will need to pay an annual comparative effectiveness research fee of $1 per plan participant. In addition, 1099 filing requirements are now applicable to payments to corporations and payments for property. 2013: In addition to the employer deduction for retiree drug subsidy being eliminated, the cap for heath FSA accounts is lowered to $2,500. The floor

2014 : Employer penalties in effect for those who don’t offer coverage. If you do insure, your company could still face a $3,000 per employee penalty if employee chooses an exchange plan.

on medical deduction is raised to 10 percent of AGI. And high income earners will pay much more into Medicare—2.35 percent of their wages.

RubinBrown’s Professional Services Group

Mark Jansen Partner Professional Services Group mark.jansen@rubinbrown.com 314-290-3208

Ken Rubin, CPA Partner-In-Charge

Professional Services Group ken.rubin@rubinbrown.com 314-290-3417

Greg Osborn, CPA Managing Partner – Denver Office greg.osborn@rubinbrown.com 303-698-1883

Mary Ramm, CPA Partner Professional Services Group mary.ramm@rubinbrown.com 913-491-4406

www.rubinbrown.com

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