Deadlines wait for no one.

If you provide a 105-HRA, QSEHRA, or ICHRA, the IRS expects their cut by July 31, 2026. This is the Patient-Centered Outcomes Research Institute (PCORI) fee.

"I promise you, missing this deadline is like inviting the IRS to audit your breakfast."

At UniFirst Financial and Tax Consultants, we don’t just help you comply: we help you dominate your tax situation. While others provide generic advice, we deliver strategic tax planning that keeps your hard-earned money in your vault.

Step 1: Determine Your Rate

Your fee depends on when your plan year ended in 2025.

• Plans ending Jan 1 – Sept 30, 2025: $3.47 per covered life.
• Plans ending Oct 1 – Dec 31, 2025: $3.84 per covered life.

Step 2: Count Your Lives

Don't overcomplicate this. Use one of these IRS-approved methods:

• Actual Count Method: Count participants every single day and average it.
• Snapshot Method: Pick a day each quarter, count the employees, and average those four numbers.
• Form 5500 Method: Use the numbers from your most recent filing.

"We reduce taxes significantly almost all the time using proven strategies unlike those offered anywhere else in the financial industry."

Step 3: Complete Form 720

This is a quarterly excise tax return, but PCORI is only reported in the second quarter.

1. Navigate to Part II.
2. Locate Line 133 (Applicable self-insured health plans).
3. Enter your average covered lives in column (a).
4. Multiply by the rate.
5. Carry the total to Part III.

Step 4: Submit Your Payment

Precision is your best defense against IRS friction.

• Pay via EFTPS (Electronic Federal Tax Payment System).
• Or mail a check with Form 720-V (Payment Voucher).

Precision in filing is just one part of a holistic tax optimization strategy. We specialize in safety-first retirement planning and building income for life. We don’t just fill out forms; we build fortresses for your wealth.

A Higher Standard

"The plans of the diligent lead to profit as surely as haste leads to poverty." : Proverbs 21:5

We believe in diligence. We believe in stewardship. We believe in your financial freedom.

Contact Us for Your Free Assessment
Schedule your no-obligation assessment here

UniFirst Financial and Tax Consultants
205 Van Buren St., Suite 120, Herndon VA 20170
Phone: (888) 581-3320
Email: patrick@unifirstfinancial.com
Website: https://unifirstfinancial.com