Comments on: Glitches in COBRA subsidy

By: Janet

Janet — Fri, 29 May 2009 18:56:41 +0000

We use a payroll assist company therefore we must file for a refund.

By: Janet

Janet — Thu, 21 May 2009 19:43:29 +0000

Does it surprise anyone that our government has frozen reimbursement to employers? The administration is not pro employers and making it harder and harder to stay in business!

By: Tom

Tom — Thu, 21 May 2009 19:05:17 +0000

I agree with Marilyn. The regulations allow you to deduct the subsidy from payments. It will consider the amount you enter on the subsidy line on your 941 as contributed day one in the quarter. Why would anyone want to wait and have the possibilty of the IRS holding up their refund.

By: Marilyn

Marilyn — Fri, 15 May 2009 13:42:06 +0000

Sounds like it might be a better idea to take the credit off your weekly (or whatever) tax deposit rather then as a credit on your 941′s.