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: Earlier this month 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. Under the 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
Understanding ACA Forms 1094-C and 1095-C

Understanding ACA Forms 1094-C and 1095-C

April 13, 2020 2 minute read: Employers required to comply with the ACA’s Employer Mandate must report their full-time employee’s healthcare information to the IRS annually via forms 1094-C and 1095-C, but what 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
Today is the Deadline for Electronically Filing your ACA Returns

Today is the Deadline for Electronically Filing your ACA Returns

March 31, 2020 2 minute read: Today, March 31 is the IRS deadline for employers to provide electronic filings of forms 1094-C and 1095-C to the IRS for the 2019 tax year as 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
What You Need to Know: ACA Rule of Parity, COVID-19 Pandemic and Temporary Layoffs

What You Need to Know: ACA Rule of Parity, COVID-19 Pandemic and Temporary Layoffs

March 20, 2020 4 minute read: The Coronavirus (Covid-19) is putting a strain on all aspects of life in the United States right now. For businesses, they are struggling with closures, decreased demand, Read More
The Trucking Industry Faces Challenges with AB5

The Trucking Industry Faces Challenges with AB5

March 18, 2020 3 minute read: California’s AB5 has changed the landscape on how independent contractors and employers work together. The trucking industry in particular faces unique challenges in adjusting to the new Read More
Supreme Court to Rule on ACA Constitutionality

Supreme Court to Rule on ACA Constitutionality

March 16, 2020 2 minute read: The Supreme Court has agreed to rule on the constitutionality of the Affordable Care Act, for a second time. This unusual turn of events comes after the Read More
Employers Should Be Aware of IRS Advisory on High-Deductible Plans

Employers Should Be Aware of IRS Advisory on High-Deductible Plans

March 12, 2020 2 minute read: On March 11, 2020, the Internal Revenue Service (IRS) made an important announcement concerning high deductible health plans (HDHPs) and the Coronavirus known as COVID-19. The IRS Read More
ACA Changes Continue to Stabilize the Marketplace

ACA Changes Continue to Stabilize the Marketplace

March 11, 2020 3 minute read:  According to research by the Kaiser Family Foundation (KFF), there will be an average of 4.5 insurers per state this year, up from 4.0 in 2019 and Read More
Employers Must Make PCORI Fee Payments in 2020

Employers Must Make PCORI Fee Payments in 2020

March 9, 2020 2 minute read: As part of the Further Consolidated Appropriations Act of 2020 signed by the Trump Administration, PCORI fees were extended through September 30, 2029. Employers should keep a Read More
The Gig Economy Is Losing Ground in its Fight with AB5

The Gig Economy Is Losing Ground in its Fight with AB5

March 6, 2020 3 minute read: The passage and implementation of Assembly Bill 5 (“AB5”) in California has become a reckoning for employers who engage with large numbers of independent contractors and has Read More
California Health Exchange Welcomes New Enrollees Thanks to Individual Mandate

California Health Exchange Welcomes New Enrollees Thanks to Individual Mandate

March 4, 2020 2 minute read: As California finalizes its initial open enrollment results, the data shows the state’s Individual Mandate played a part in the higher turnout. According to Covered California, the Read More
ACA Paper Filing Submissions are Due to the IRS Today

ACA Paper Filing Submissions are Due to the IRS Today

March 2, 2020 2 minute read: Today is the IRS deadline for employers to provide paper filings of forms 1094-C and 1095-C to the IRS for the 2019 tax year as required by Read More
AIRs Portal Downtime Could Prove Problematic for Employers

AIRs Portal Downtime Could Prove Problematic for Employers

February 28, 2020 3 minute read: When submitting ACA filings to the IRSeach year, many employers elect to file electronically, due to the many benefits. What employers may be unaware of however, is Read More
No Statute of Limitations on Assessment of Employer Shared Responsibility Payment

No Statute of Limitations on Assessment of Employer Shared Responsibility Payment

February 27, 2020 2 minute read: The IRS Office of the Chief Counsel issued new field advice on February 24, 2020 (“Field Notice”) making it clear that there is no statute of limitations Read More
The IRS’s 1095 Forms For ACA Explained (Update)

The IRS’s 1095 Forms For ACA Explained (Update)

February 26, 2020 3 minute read: A number of changes were introduced to the health insurance marketplace with the passage of the Affordable Care Act in 2010. From different reporting forms and health Read More