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IRS Warns Employers: Do Not Try to Avoid ObamaCare Insurance Mandate

Posted By yihan On January 10, 2013 @ 12:05 pm In Money Watch,Tile | Comments Disabled

Matt Cover
CNSNews.com [1]
January 10, 2013

The Internal Revenue Service warned employers in a new regulatory proposal not to come up with clever schemes to avoid Obamacare’s employer health insurance mandate.

The IRS said it would soon issue “anti-abuse rules” to discourage employers from taking advantage of any regulatory loopholes.

“The Treasury Department and the IRS are aware of various structures being considered under which employers might use temporary staffing agencies (or other staffing agencies)… to evade application of section 4980H [the employer insurance mandate],” the IRS said in a proposed regulatory announcement issued December 28.

The IRS said it would issue a so-called “anti-abuse rule” in an attempt to prevent employers from using temp agencies to circumvent the mandate, essentially writing into law that even though an employer hires temporary workers and therefore is not technically under the mandate’s jurisdiction, the IRS would fine them anyway for not providing health insurance.

Full story here. [1]

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URL to article: http://www.prisonplanet.com/rs-warns-employers-do-not-try-to-avoid-obamacare-insurance-mandate.html

URLs in this post:

[1] CNSNews.com: http://cnsnews.com/news/article/irs-warns-employers-do-not-try-avoid-obamacare-insurance-mandate

[2] US employers slashing worker hours to avoid Obamacare insurance mandate: http://www.prisonplanet.com/us-employers-slashing-worker-hours-to-avoid-obamacare-insurance-mandate.html

[3] Obamacare Mandate: Anyone Who Works 30-Hour Week Is Now ‘Full-Time’: http://www.prisonplanet.com/obamacare-mandate-anyone-who-works-30-hour-week-is-now-full-time.html

[4] Almost one in ten employers to drop health insurance coverage under Obamacare: http://www.prisonplanet.com/almost-one-in-ten-employers-to-drop-health-insurance-coverage-under-obamacare.html

[5] Gingrich: ‘Unconstitutional’ Insurance Mandate ‘Started As Conservative Effort to Stop Hillarycare’: http://www.prisonplanet.com/gingrich-unconstitutional-insurance-mandate-started-as-conservative-effort-to-stop-hillarycare.html

[6] National Law Journal: Employers Want To Mandate Swine Flu Vaccinations For Workers: http://www.prisonplanet.com/national-law-journal-employers-want-to-mandate-swine-flu-vaccinations-for-workers.html

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