Employers Expected to Pay Over $228 Billion… Will You Contribute?
The annual baseline budget projections by the Congressional Budget Office and Joint Committee on Taxation (CBO), is projecting employer responsibility penalties to total $228 billion over a 10-year period from 2017 to 2026. The individual mandate penalty will yield a projected $28 billion, along with high-premium employer plans (aka the Cadillac Tax) is expected to yield $18 billion.
At the Lank Group, we have a proactive approach regarding compliance. Our Compliance Dashboard tells what you need to do, when to do it, and how to do it.
Call or email us today for a free presentation @ 770-683-6423 / firstname.lastname@example.org