ALERT – IRS extends the timeframe for QSEHRA employee notice

Notice 2017-20 provides transition relief for new Small Business HRAs

 With the understanding that some employers may find it difficult to comply with the notice requirement absent additional guidance, the agency has decided to provide businesses with additional time to furnish this initial document to eligible employees. Therefore, those offering a Qualified Small Employer HRA (QSEHRA) are not required to distribute such communication/notification until after further guidance has been issued by Treasury.

Note: Employers that supply the QSEHRA notice to their employees in the interim, may rely upon a reasonable good faith interpretation of the statute without penalty.

See https://www.irs.gov/pub/irs-drop/n-17-20.pdf

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s