Categories Archives: Grandfathering

IRS Updates Form 8928 for Self-Reporting of Excise Taxes Owed for PPACA Failures

The IRS recently updated Excise Tax Form 8928 and its Instructions. Employers and plan sponsors must use Form 8928 to report excises taxes due for failures to meet certain requirements of the Public Health Services Act, COBRA, HIPAA or HSA comparable contributions. The revised Form 8928 and Instructions now incorporate the excise taxes under Code [...]