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HR pop quiz: ‘Cadillac’ tax
By Jenny IvyUnder PPACA, in 2018, insurers will be taxed on the amount of premiums above certain thresholds. What percentage will they be taxed at?
Paperwork is a significant part of the human resources managers' job, including everything from hiring and tax documents such as W2s, W4s, I9s and background checks to ensuring all health and benefit plans meet state and federal standards (form 5500). This section provides tools, tips and resources to help ensure all procedures are compliant and documents are filed correctly.
Under PPACA, in 2018, insurers will be taxed on the amount of premiums above certain thresholds. What percentage will they be taxed at?