8. July 2011 14:55
The IRS has finalized regulations to allow Form 8928 filers to obtain an automatic 6-month extension for filing the return. This form is used to report excise tax penalties for violations of COBRA, HIPAA and other group health plan mandates, as well as the Code’s requirements for comparable Archer MSA and HSA contributions.
The extension does not extend the time for payment of any tax associated that is due. Estimated excise taxes must be submitted by the return’s original due date and a separate Form 7004 must be submitted in order to obtain the automatic extension.
Click here to read more.
Comments are closed
Powered by BlogEngine.NET 1.1.0.7
Theme by DataPath Marketing Services
Disclaimer: The views and opinions on this blog are those of the author. Nothing contained in this weblog is intended as legal advice. This weblog was created to provide general information, opinions of the author and general musings. Accessing this website is not a consultation for legal advice or services and this weblog does not create an attorney-client relationship.
