Remove 2029 Remove Employment Remove Taxes
article thumbnail

June HR Update

Higginbotham

The fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). As a result, these fees will continue to apply for the 2020-2029 fiscal years. Calculating the PCORI Fee Payment In general, the PCORI fees are assessed, collected and enforced like taxes. February 2022 July 31, 2023 $2.79

article thumbnail

June HR News Worth Review

Higginbotham

Employer Takeaway. Most employers have already been contacted by their carrier or third-party administrator (TPA) and will rely on their insurance carriers or TPAs to provide the MRFs. Still, these employers remain legally liable for compliance under the TiC Final Rules. 1, 2022, since July 31, 2022, is a Sunday.