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
ACA Penalties under §4980H are not Subject to a Statute of Limitations

ACA Penalties under §4980H are not Subject to a Statute of Limitations

June 29, 2020 2 minute read: As businesses reopen and bring workers back to offices, restaurants, and retail stores across the country, employers should take this opportunity to look at their ACA compliance Read More
TIGTA Recommends Undisclosed Stricter Enforcement Procedures of the Employer Shared Responsibility Payment

TIGTA Recommends Undisclosed Stricter Enforcement Procedures of the Employer Shared Responsibility Payment

June 26, 2020 1 minute read: On June 10, 2020, The Treasury Inspector General for Tax Administration (TIGTA) issued a heavily redacted report entitled “Improvements Are Needed to Ensure That Employer Shared Responsibility Read More
As Businesses Reopen during the Pandemic, They Need to Think About How to Bring Their Workers Back Safely

As Businesses Reopen during the Pandemic, They Need to Think About How to Bring Their Workers Back Safely

June 24, 2020 3 minute read: We already discussed that as states go through their re-opening processes in the midst of the COVID-19 pandemic bring their employees back to work, in addition to Read More
As Employers Bring Workers back during the Pandemic, They Need to Think about their Potential Liability Exposure

As Employers Bring Workers back during the Pandemic, They Need to Think about their Potential Liability Exposure

June 22, 2020 2 minute read: As states go through their re-opening processes in the midst of the COVID-19 pandemic, many employers have begun opening their offices and bringing their employees back to Read More
The ACA PCORI Fee Deadline is Fast Approaching

The ACA PCORI Fee Deadline is Fast Approaching

June 19, 2020 2 minute read: This time last year was presumed to be the last time health insurers and employers offering self-funded health insurance plans would have to pay PCORI fees, but Read More
Employers, Are You Prepared for the DC 1094-C/1095-C Filing Requirements?

Employers, Are You Prepared for the DC 1094-C/1095-C Filing Requirements?

June 17, 2020 2 minute read: Washington DC is one of several jurisdictions to have implemented an individual mandate in the wake of Congress zeroing out the federal ACA penalty for individuals who Read More
Federal Reserve Expands Main Street Loan Program

Federal Reserve Expands Main Street Loan Program

June 11, 2020 1 minute read: On June 8, 2020, the Federal Reserve Board expanded its Main Street Lending Program to include more small and medium sized businesses. See here. Changes to the Read More
Paycheck Protection Program Flexibility Act Injects much needed Flexibility into PPP Loan Forgiveness

Paycheck Protection Program Flexibility Act Injects much needed Flexibility into PPP Loan Forgiveness

June 10, 2020 2 minute read: The Paycheck Program Flexibility Act was signed into law on June 5, 2020. This comes just in the nick of time as the original covered period under Read More
How Serious are Penalties under the ACA? Very.

How Serious are Penalties under the ACA? Very.

June 8, 2020 2 minute read: The Affordable Care Act (ACA) is the single most important piece of health care legislation in generations. One major reason for the ACA’s significant impact on the Read More
Protect App-Based Drivers Act Would Create Further Employee Classification and ACA Reporting Issues

Protect App-Based Drivers Act Would Create Further Employee Classification and ACA Reporting Issues

June 5, 2020 3 minute read: As part of their campaign against the requirements of California Assembly Bill 5 (AB5), which went into effect January 2020 and requires employers to treat contract workers Read More
Proposed IRS Regs Will Not Affect How Individuals Receive PTCs

Proposed IRS Regs Will Not Affect How Individuals Receive PTCs

June 3, 2020 2 minute read: The IRS recently issued proposed regulations on how the personal tax exemption reduction to “0” will affect qualifications for recipients of Premium Tax Credits (PTCs). Regulation 124810-19, Read More
AB5 Targets Multi-Level Marketing Companies – See How this Could Affect Your ACA Compliance

AB5 Targets Multi-Level Marketing Companies – See How this Could Affect Your ACA Compliance

June 1, 2020 3 minute read: Multi-level marketing giant Amway was sued in a proposed class action earlier this year for misclassifying its Independent Business Owners (IBOs) as independent contractors instead of employees. Read More
ACA’s Expansion of Medicaid Key Player for Providing Health Coverage Amid COVID-19

ACA’s Expansion of Medicaid Key Player for Providing Health Coverage Amid COVID-19

May 29, 2020 2 minute read: By now it’s become abundantly clear how important it is for individuals to have health coverage. COVID-19 or not, healthcare is saving lives and the ACA has Read More
Emergency Paid Sick Leave and the ACA

Emergency Paid Sick Leave and the ACA

May 28, 2020 3 minute read: If you are a U.S. business, there is a good chance that one or more of your employees have taken emergency paid sick leave. Such leaves may Read More
Why CMS’s 2021 Payment Notice May Lead to More PTC Allocations

Why CMS’s 2021 Payment Notice May Lead to More PTC Allocations

May 27, 2020 2 minute read: Back in March, the Centers for Medicare and Medicaid Services (CMS) issued the Notice of Benefit and Payment Parameters for 2021 (2021 Payment Notice). The rule includes Read More
New IRS Notice May Provide Relief and ACA Exposure

New IRS Notice May Provide Relief and ACA Exposure

May 26, 2020 2 minute read: In the wake of the COVID-19 pandemic, the Internal Revenue Service (IRS) has instituted a number of important adjustments to employee benefits plan compliance rules. Recently, the Read More
Employers May See More ACA Penalties As a Result of COVID-19

Employers May See More ACA Penalties As a Result of COVID-19

May 25, 2020 2 minute read: A new data analysis report from the Kaiser Family Foundation (KFF) finds the vast majority of Americans who lost their job amid COVID-19will be eligible for government Read More
Know your Tax Relief and ACA Compliance Obligations during the Pandemic: California Governor’s Executive Order brings Property Tax penalty Relief

Know your Tax Relief and ACA Compliance Obligations during the Pandemic: California Governor’s Executive Order brings Property Tax penalty Relief

May 22, 2020 2 minute read: On May 6, 2020 California Governor Gavin Newsom issued Executive Order N-61-20 providing some property tax penalty relief to individual and small business taxpayer’s who have been Read More
Uber and Lyft sued by California for Misclassifying Gig Workers. How Misclassification can Impact ACA Compliance

Uber and Lyft sued by California for Misclassifying Gig Workers. How Misclassification can Impact ACA Compliance

May 21, 2020 3 minute read: Gig Economy giants Uber and Lyft are being sued by the state of California for allegedly failing to meet the requirements of California Assembly Bill 5 (AB Read More
SBA Releases PPP Loan Forgiveness Application

SBA Releases PPP Loan Forgiveness Application

May 20, 2020 1 minute read: On Friday, the SBA released the application with instructions form for loan forgiveness under the Paycheck Protection Program (PPP). See here. The form provides guidance and clarification Read More
ACA Penalties to Continue with the IRS Returning to Work

ACA Penalties to Continue with the IRS Returning to Work

May 18, 2020 2 minute read: As states begin to lift their shelter-in-place orders and begin plans to re-open, employers should take note of recent IRSactivity, as the agency is expediting its efforts Read More
Employers Must Count Foreign Employees for Determining PPP Eligibility

Employers Must Count Foreign Employees for Determining PPP Eligibility

May 15, 2020 1 minute read: The SBA continues to produce guidance for employers seeking Payment Protection Program (PPP) Loans. In a recent update to their guidance, the SBA made it clear that, Read More
Workforce Changes Now Will Affect ACA Reporting Later

Workforce Changes Now Will Affect ACA Reporting Later

May 13, 2020 3 minute read: Several weeks into quarantine and social distancing, many are wondering when the country will reopen. As of April 20, 42 states had placed shelter in place orders. Read More
Congress May Give PPP Recipients More Relief from the IRS

Congress May Give PPP Recipients More Relief from the IRS

May 11, 2020 1 minute read: On April 30, 2020 the IRS recently issued IRS Notice 2020-32. This Notice discusses the tax deductibility status of expenses that are forgiven under the Paycheck Protection Read More
TIGTA Reports 27.4% of Premium Tax Credits Are Improper Payments

TIGTA Reports 27.4% of Premium Tax Credits Are Improper Payments

May 7, 2020 2 minute read: On April 30, 2020, the Treasury Inspector General for Tax Administration (TIGTA) issued a new report entitled, “Improper Payment Reporting Has Improved; However, There Have Been No Read More
Returning to Work: Rehiring Employees After COVID-19 and the Impact on ACA Compliance

Returning to Work: Rehiring Employees After COVID-19 and the Impact on ACA Compliance

May 6, 2020 4 minute read: As states begin to relax their stay at home orders and businesses look to reopen post COVID-19 Pandemic, Employers should start thinking about how bringing back furloughed Read More
No Double Dipping: Forgiven Covered Expenses on a PPP Loan Are Not Deductible

No Double Dipping: Forgiven Covered Expenses on a PPP Loan Are Not Deductible

May 4, 2020 1 minute read: The IRS recently issued IRS Notice 2020-32. See here. This Notice discusses the tax deductibility status of expenses that are forgiven under the Paycheck Protection Program (“PPP”) Read More
Payroll Protection Program Loan Forgiveness Checklist

Payroll Protection Program Loan Forgiveness Checklist

May 1, 2020 2 minute read: Congratulations if you were one of the lucky ones to receive a Payroll Protection Program (PPP) loan! Remember, under Section 1106 of the CARES Act, as clarified Read More
Supreme Court Rules in Favor of ACA Risk Corridors

Supreme Court Rules in Favor of ACA Risk Corridors

April 30, 2020 2 minute read: The Affordable Care Act chalked up a win in late April when the Supreme Court ordered the federal government to pay insurance companies funding it’s been entitled Read More
WOTC Deadlines Are Extended

WOTC Deadlines Are Extended

April 29, 2020 1 minute read: On April 9, 2020, the IRS issued Notice 2020-23 to provide relief relating to certain deadlines for taxpayers in response to the March 13, 2020 emergency declaration Read More
Paycheck Protection Program Gets a $310 Billion Infusion to Help Small Businesses Through Coronavirus Pandemic

Paycheck Protection Program Gets a $310 Billion Infusion to Help Small Businesses Through Coronavirus Pandemic

April 27, 2020 2 minute read: On April 24, 2020, the Paycheck Protection Program and Health Care Enhancement Act was signed into law (the “Act”). Among its key provisions is the infusion of Read More
Potential ACA Relief for Employers Facing COVID-19 Hardship

Potential ACA Relief for Employers Facing COVID-19 Hardship

April 24, 2020 2 minute read: As the COVID-19 global health pandemic continues to affect businesses large and small, employers must still comply with the requirements of the ACA’s Employer Mandate. As a Read More
What You Should Know to Ensure Maximum Loan Forgiveness for PPP Loans

What You Should Know to Ensure Maximum Loan Forgiveness for PPP Loans

April 22, 2020 3 minute read: On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted to expeditiously aid small businesses in the wake of the Coronavirus Read More
ACA COVID-19 Special Enrollment Periods Open in States Across the Country

ACA COVID-19 Special Enrollment Periods Open in States Across the Country

April 20, 2020 2 minute read: While Trump Administration shot down the idea of a special ACA enrollment period to help individuals who have lost their coverage due to the COVID-19 Pandemic, states Read More
Get to Know the Tax Provisions in the CARES Act

Get to Know the Tax Provisions in the CARES Act

April 17, 2020 4 minute read: Many employers and individuals are understandably concerned about how to navigate the difficult business environment created by the COVID-19 Pandemic and resulting state and federal mitigation measures. Read More
Group Health Plans, the CARES Act and the ACA

Group Health Plans, the CARES Act and the ACA

April 15, 2020 2 minute read: Many employers are understandably concerned about how to navigate the difficult business environment created by the COVID-19 Pandemic and resulting state and federal mitigation measures. Below is Read More
Workforce Management, ACA Compliance and the COVID-19 Pandemic

Workforce Management, ACA Compliance and the COVID-19 Pandemic

April 10, 2020 13 minute read: Compliance with the various employer provisions of the Affordable Care Act (ACA) can be complicated under normal employment conditions. As employers face the incredibly difficult business climate Read More
ACA Penalties on The Rise in 2020

ACA Penalties on The Rise in 2020

April 8, 2020 2 minute read: The IRS has been busy issuing penalties to employers that failed to comply with the ACA’s Employer Mandate for the last several tax years. Employers should note Read More
Get to Know the Employer Benefits in the CARES Act

Get to Know the Employer Benefits in the CARES Act

April 6, 2020 5 minute read: Many employers are understandably concerned about how to navigate the difficult business environment created by the Covid-19 Pandemic and resulting state and federal mitigation measures. Below is Read More
Treasury Issues Interim Final Rule on the Paycheck Protection Program Loans

Treasury Issues Interim Final Rule on the Paycheck Protection Program Loans

April 3, 2020 5 minute read: On April 2, 2020, the Treasury issued Interim Final Rule on the Paycheck Protection Program (“PPP”). The PPP is the program under the Coronavirus Aid, Relief, and Read More
What You Need to Know About COVID-19 Changes at the IRS

What You Need to Know About COVID-19 Changes at the IRS

April 2, 2020 3 minute read: In the midst of theCOVID-19 crisis, the IRS announced that it will pare back operations to focus on “mission-critical” functions. In a notice updated on April 1, Read More
Insights in ACA Compliance during the Pandemic

Insights in ACA Compliance during the Pandemic

April 1, 2020 3 minute read: As employers across the country continue to feel the impact of the COVID-19 Pandemic and work to comply with various state or local stay at home orders Read More
Covid-19 Pandemic May Affect ALE Status

Covid-19 Pandemic May Affect ALE Status

March 30, 2020 5 minute read: As businesses across the country are shutting their doors to comply with various state or local Stay at Home orders to combat the spread of the COVID-19 Read More
Challenges in ACA Compliance during the Covid-19 Pandemic

Challenges in ACA Compliance during the Covid-19 Pandemic

March 27, 2020 3 minute read: As businesses across the country shutter their doors, reduce their hours and move to remote working to comply with various state or local stay at home orders Read More
Federal Special Enrollment Period on the Horizon

Federal Special Enrollment Period on the Horizon

March 25, 2020 2 minute read: The Trump Administration is doing the unexpected and considering a special ACA enrollment period in light of the COVID-19 Pandemic. The special enrollment period will provide uninsured Read More
California Extends Special Enrollment Period

California Extends Special Enrollment Period

March 23, 2020 2 minutes read: Due to the enormous challenges the coronavirus crisis is imposing on our healthcare system, the state of California has extended its Special Enrollment period. Effective immediately, the Read More