Benefits Forward

Notice 2010-45 provides guidance on Section 48D enacted as part of the Patient Protection and Affordable Care Act.

Notice 2010-44 provides more formalized guidance on the small business health care reform tax credit including guidance on eligibility for the credit, calculating the credit and claiming the credit.

The Office of Management and Budget and the Federal Procurement Policy Office release proposed regulations attempting to harmonize the rules governing Federal cost accounting standards with the minimum funding changes made by the Pension Protection Act.

The IRS releases the 2009 5500 EZ to be used in filing one participants plans.

Notice 2010-40 provides guidance as to the corporate bond weighted average interest rate and the permissible range for purposes of Section 412(b)(5)(B)(ii)(II).

Revenue Ruling 2010-13 contains the average premiums by State to be used for purposes of calculating the small business tax credit under the Patient Protection and Affordable Care Act.

The IRS has issued Notice 2010-38 providing guidance on the implementation of the health care reform provision allowing for the provision of health care on a tax advantaged basis for adult children under age 27.

The IRS has updated its Priority Guidance which includes proposed changes in the area of employee benefits.

Notice 2010-36 updates guidance on the corporate bond weighted average interest rate and the permissible range of interest rates specified in Section 412(b)(5)(B)(ii)(II).

The IRS provides guidance in the form of Qs and As on the new Small Business Healthcare Tax Credit.