The IRS has released an advance version of Notice 2020-44, announcing that the dollar amount to be used for purposes of determining the PCORI fee (excise tax), imposed by sections 4375 and 4376, for policy & plan years that end on or after October 1, 2019, and before October 1, 2020, is $2.54.
About HRWS
HR Workplace Services, Inc. (HRWS) partners with the nation’s top insurance brokers and agencies providing their clients with best-in-class services for support and HR concerns, compliance and technology. HRWS operates in all 50 States and in over 25 different countries, serving organizations from three to 200,000 employees in 545 SIC Codes.
If you have questions about HRWS, call or email us directly or ask your insurance broker about us.
P: 866-691-7757
E: support@hrworkplaceservices.com
The information contained in this document is intended for educational purposes and to provide a general understanding of regulatory events, legislative changes and the law – not to provide specific legal advice.