Dr. Winslow Sargeant is the sixth Chief Counsel for Advocacy of the U.S. Small Business Administration’s Office of Advocacy, appointed by President Obama August 19, 2010. The Office of...
IRS Issues Proposed Regs on Health Insurer Deduction Limitation
On April 1, the Internal Revenue Service (IRS) issued proposed regulations on the application of the $500,000 deduction limitation for remuneration provided by some health insurance providers under Internal Revenue Code section 162(m)(6). Code section 162(m)(6)(C)(i) provides that a health insurance issuer is a covered health insurance provider for a tax year only if it receives premiums from providing health insurance coverage. The proposed regulations provide rules for determining whether a health insurance issuer is a covered health insurance provider for any tax year and whether a person is treated as a single employer with a health insurance issuer that is a covered health insurance provider for any tax year.
Comments are due by July 1, 2013.
- Link to the proposed regulations
- Submit comments on the final rule to the IRS electronically (REG-106796-12)
- Advocacy contact: Dillon Taylor or call at 202-401-9787
- Regulations.gov, the Federal government’s one stop site to comment on Federal regulations