Small Businesses Threatened With $36,500 IRS Fines For Helping Employees With Health Costs

Forbes ^ | 6/30/15 | Grace-Marie Turner

[Nachum]

Oh really? Whoda thunk Obamacare would be anything but kind and thoughtful, a boon to all.

Hey, I sell health insurance for a living. Tell me about it :(

[MortMan]

I was quoting the article - at least the excerpt here.

[MortMan]

Easy way around it. If you're cutting a separate check, then stop. Bump their pay that amount. Yes, it will be taxable, but it will certainly help with the additional costs.

I wonder if the IRS has already made this against the rules. From the article, the tax status of the assistance is immaterial. Substituting a raise for X dollars for the assistance of X dollars probably raises a flag in their system.

after all, NOT violating the $10K bank transaction limit (no matter why) is enough to get you investigated and have your money seized these days.

[unixfox]

If all businesses refused to pay then the problem would be solved.

F U I R S!

[unixfox]

I think that a collection of affected businesses should sue the crap out of Jonathan Gruber.

Screw that, I want his effing address.