May 22, 2026 Is the PCORI Fee Going Away? Everything You Need to Know The Patient-Centered Outcomes Research Institute (PCORI) Fee remains an important compliance requirement for many employers, health insurers, and plan sponsors filing IRS Form 720.
May 19, 2026 Safe Harbor Rule: Key Benefits for Taxpayers & Businesses What Is the Safe Harbor Rule? Safe Harbor Rule is a regulation according to IRC Section 6656 that permits taxpayers from being penalized for failing to make timely or insufficient deposits of taxes, provided that they fulfill a number of conditions.
May 15, 2026 Simple720 PCORI Prefiling Window Now Open – File Today PCORI Fee - Recap The Patient-Centered Outcomes Research Institute (PCORI) Fee is a fee paid by applicable entities to fund research on patient-centered outcomes.
May 12, 2026 Avoid 7 Manual PCORI Fee Filing Mistakes on Form 720(2026) Filing the PCORI Fee using the manual method seems easy. You just have to fill out Form 720 and send it to the IRS. When you do it yourself it is easy to make mistakes. These mistakes can be small.
Apr 30, 2026 Air Transportation Excise Tax: Regular vs Alternative Method The Air Transportation Excise Tax is a federal excise tax imposed on amounts paid for the transportation of persons and property by air.
Apr 27, 2026 When Will the IRS Open PCORI Fee Filing for 2026? The Patient-Centered Outcomes Research Institute (PCORI) Fee is a charge that health insurance policies and plans must pay for supporting medical research that improves healthcare outcomes.
Apr 27, 2026 Form 720 Q1 2026 Deadline Nearing – Avoid Penalties Now that we are nearing the close of the first quarter in 2026, we should always be mindful of the Form 720 deadline. Late filing can cost a lot of money, therefore, we will discuss in detail the due dates and penalties for non-compliance and ways to avoid these fees.
Apr 24, 2026 Trump Opposes Extending Affordable Care Act Subsidies The Affordable Care Act (ACA), also known as Obamacare, is a major U.S. health law passed in 2010. Its goal is to make health insurance more affordable and accessible for Americans, especially people who do not get insurance through their employer.
Apr 21, 2026 Understanding US Remittance Tax Penalties In case you are engaged in the use of remittance transfer services, then it becomes important to appreciate the different aspects that revolve around remittance excise tax. This includes the penalties associated with not complying with IRS guidelines
Apr 21, 2026 Excise Tax on Local Telephone and Teletypewriter Services The excise tax on local telephone and teletypewriter services is a federal tax imposed by the IRS(No: 22) on certain telecommunications services. It applies to the amounts paid for local telephone services and teletypewriter exchange services, primarily to fund U.S. federal government operations.
Apr 10, 2026 FDA Regulations on Tanning Beds: What You Need to Know(2026) What is the New Regulation of the FDA for Tanning Beds? In March 2026, the FDA made a U-turn on their policy to impose a total ban on tanning beds for minors across the country. This new policy is a move towards an approach that is less prohibitive and more informative about the risks involved.
Apr 10, 2026 Foreign Insurance in Marine & Aviation: When FET Applies Foreign Insurance Tax - Recap The Foreign Insurance Excise Tax (FET) is levied on insurance premiums received in connection with insurance contracts underwritten by non-U.S. entities, provided that the risks covered are located in the United States.