Employee Misclassification Laws Add Headache to Employer ACA Compliance

Employee Misclassification Laws Add Headache to Employer ACA Compliance

July 31, 2020 3 minute read: In the past year three states have implemented laws that broaden the definition of “employee” and include penalties or additional liability exposure for employers who misclassify their Read More
More ACA Complexity: California Releases Draft Instructions Diverge From ACA Employer Reporting

More ACA Complexity: California Releases Draft Instructions Diverge From ACA Employer Reporting

July 29, 2020 2 minute read: With the zeroing out of the ACA’s “Individual Mandate,” which required individuals to have minimum essential health coverage through the enactment of the Tax Cuts and Jobs Read More
IRS Increases Premium Tax Credit Eligibility and Affordability Cap

IRS Increases Premium Tax Credit Eligibility and Affordability Cap

July 27, 2020 1 minute read: The IRS updated indexing adjustments for certain provisions under IRC Section 36B in Revenue Procedure 2020-36. See RP 2020-36. In particular, the initial and final premium percentages Read More
ACA Enhancement Bill Telling of the Times

ACA Enhancement Bill Telling of the Times

July 24, 2020 2 minute read: House of Representative Democrats have unveiled a bill that would enhance many of the ACA’s components while reversing much of the Trump administration’s onslaught to the healthcare Read More
Trump ACA Contraceptive Rule Upheld by Supreme Court

Trump ACA Contraceptive Rule Upheld by Supreme Court

July 22, 2020 2 minute read: On July 8, 2020 the Supreme Court handed down its decision in Little Sisters of the Poor v. Pennsylvania, upholding the new Trump Administration rule regarding contraceptive Read More
IRS Release Drafts of 2020 IRS Forms 1094-C and 1095-C

IRS Release Drafts of 2020 IRS Forms 1094-C and 1095-C

July 17, 2020 2 minute read: The IRS released its draft 2020 IRS Forms 1094-C and 1095-C, dated as draft as of July 13, 2020. There are no changes to the Form 1094-C Read More
ACA’s Expansion of Medicaid Takes Hold in Oklahoma

ACA’s Expansion of Medicaid Takes Hold in Oklahoma

July 17, 2020 3 minute read: In late June, Oklahoma joined 37 other states and the District of Columbia in expanding Medicaid under the ACA. Better late than never and in good timing Read More
Californians Beware, The Individual ACA Penalty Has Increased

Californians Beware, The Individual ACA Penalty Has Increased

July 13, 2020 2 minute read: California residents that fail to obtain qualified health coverage this year will receive a penalty from the state for an amount larger than first projected. Per California’s Read More
IRS to Begin Issuing ACA Penalty Letters after July 15, 2020

IRS to Begin Issuing ACA Penalty Letters after July 15, 2020

July 10, 2020 2 minute read: Employers should start gearing up for IRS penalty letters issued under the Affordable Care Act. According to an announcement posted on the IRS website, the IRS has Read More
Window to get Paycheck Protection Program (PPP) Loan gets Extended

Window to get Paycheck Protection Program (PPP) Loan gets Extended

July 8, 2020 1 minute read: President signed legislation (S.4116) on the Fourth of July extending the deadline to apply for the Paycheck Protection Program (PPP). Now, small employers now have until August Read More
Virginia’s New Misclassification Law Will Impact Employers ACA Compliance

Virginia’s New Misclassification Law Will Impact Employers ACA Compliance

July 6, 2020 2 minute read: Virginia has decided to get into the worker misclassification game with the passage and implementation of HB 984 on July 1, 2020. Unlike states such as California Read More