We recently posted about the anticipated guidance on how same-sex marriages will be treated for federal tax purposes. The U.S. Treasury Department and Internal Revenue Service (IRS) have now provided that guidance. Revenue Ruling 2013-17 is effective September 16, 2013, but can be relied upon prior to that …
Minnesota Tax Guidance for Same-Sex Couples
July 18, 2013 Leave a Comment
We recently posted about upcoming guidance from the Minnesota Department of Revenue concerning state-tax treatment of same-sex spouses. That guidance was posted today on the Department of Revenue website. As we predicted in our prior post, the scope of guidance on the state level was limited due to the lack of …
Minnesota State Tax Treatment for Same Sex Spouses and Domestic Partners Post-DOMA
July 2, 2013 Leave a Comment
In light of the recent Supreme Court decisions, the Minnesota Department of Revenue is planning to provide guidance on how the decisions affect Minnesota state tax issues. The tax issues include the withholding of imputed income for health coverage of domestic partners and same-sex spouses. The Minnesota …
Form 720 Revised for PCOR Fee Reporting Under Health Care Reform
June 7, 2013 Leave a Comment
As previously discussed, health care reform established a new Patient-Centered Outcomes Research Institute (“PCORI”) to study patient-centered outcomes, funded by a Patient-Centered Outcomes Research (“PCOR”) fee. This fee must be reported on Form 720 annually for seven years, beginning with the plan …
Same-Sex Marriage Soon Legal in Minnesota: Tips to Employers
May 17, 2013 Leave a Comment
Effective August 1, 2013, Minnesota will allow two individuals – of the same sex or the opposite sex – to marry, with certain existing exceptions for underage persons and certain familial relationships remaining in place. Jacqueline Mrachek and Megan Hladilek sat down with KSTP-TV to explain implications …
Same-Sex Marriage in Minnesota May Impact Health Coverage
May 15, 2013 Leave a Comment
As we mentioned in our earlier post, Minnesota is moving forward on same-sex marriage. The text of the law is available here. For further details on the impact on employee benefits, including health coverage, see our recent Benefits Update Minnesota Employers Affected by Same-Sex Marriage. We will keep you …