IRS; there will be subsidy repayment demands
In April, 2015 the IRS rules will surprise those who obtain the tax credit subsidy for their health coverage during 2014. This note is only the tip of the administrative nightmare coming.
4 Your Benefit is an insurance agency started in 1998, the agency is not actively marketed, it is used to keep up on product knowledge delivered by carriers, remain licensed with the State of Michigan, and help small business customers make use of every dollar they pay into the healthcare system.
If commission can not be removed, and no agent is desired then, at a customers request, we will use commissions to pay for our service. Typically, we recommend putting a BenStaff employee on-site to help an employer professionally manage all their benefit plans.
Generally speaking, the BenStaff commission free referral service to other agents is preferred, we can help an organization find a qualified agent/consultant or broker. This keeps the focus on the commission free, independent services of BenStaff.
Customers and agents should ask more about this.
In April, 2015 the IRS rules will surprise those who obtain the tax credit subsidy for their health coverage during 2014. This note is only the tip of the administrative nightmare coming.
The Obama administration has quietly adjusted key provisions of its signature healthcare law…