On October 18, 2022, the Internal Revenue Service issued Revenue Procedure 2022-38 that sets forth
various 2023 tax-related limits that have been adjusted for inflation. The table below identifies
updates to the 2023 health and fringe benefit plan limits addressed in the notice.
MZQ Beacon Alert - March 14, 2023 In this Edition: "The Affordable Care Act (ACA) requires applicable large employers (ALEs), meaning employers that averaged at least fifty full-time employees (including full-time equivalent employees) during the preceding calendar...
MZQ Beacon Alert - March 6, 2023 In this Edition: "The new compliance obligations that the Consolidated Appropriations Act of 2021 (CAA, 21) created for employ-sponsored plans can seem endless at times. One of the lesser-known parts of the CAA, 21 is the prohibition...
MZQ Beacon Alert - December 30, 2022 In this Edition: "On December 23, 2022, the Consolidated Appropriations Act, 2023 (CAA23) was signed into law. While this legislation does not include as many health provisions as the CAA of 2021, it does include anticipated relief...