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If 100 or more of your employees participate in a health and welfare benefits plan, you must complete IRS Form 5500. Failure to do so can mean possible criminal penalties for deliberate failure to report, and fines of up to $1,100 a day per employee for missing or incomplete information.
TASC’s Form 5500 Preparation service includes:
-User-friendly electronic tools to satisfy filing requirements.
-Assistance with obtaining necessary insurance carriers and/or service provider information.
-Complete form preparation, schedules, filing instructions, and deadlines for submission.
-Full compliance with evolving regulations.
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