2029 Insurance Carriers Taxes 
Fringe Benefit Analysts
JUNE 15, 2020
As the saying goes, “Once a tax, always a tax.” At the end of 2019, Congress reauthorized the annual payment of the PCORI fee until 2029. While Form 720 is filed quarterly for several other federal excise taxes, the PCORTF fee is only required annually, on the second-quarter filing. This fee is currently $2.54
Higginbotham
JUNE 7, 2022
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. The fees are reported and paid annually using IRS Form 720 (Quarterly Federal Excise Tax Return). Employer Takeaway. Calculating the PCORI Fee Payment.
Expert insights. Personalized for you.
52 
Let's personalize your content