ACA Compliance Doesn’t Have to Burden HR Staff

ACA Compliance Doesn’t Have to Burden HR Staff

November 14, 2018 5 minute read: Human Resources staff have a difficult job. They help keep their organizations running smoothly by ensuring, to the greatest degree possible, that the employer is in compliance Read More
How to Respond to IRS Letter 226J for the 2016 Tax Year [INFOGRAPHIC]

How to Respond to IRS Letter 226J for the 2016 Tax Year [INFOGRAPHIC]

October 22, 2018 1 minute read:  IRS staff has confirmed that the agency will begin issuing Letter 226J penalty notices for the 2016 tax year in the next few weeks. If you receive Read More
IRS Limited Non-Assessment Periods May Help Avoid ACA Penalties

IRS Limited Non-Assessment Periods May Help Avoid ACA Penalties

July 18, 2018 3 minute read: The employer shared responsibility provisions (ESRP) under the Affordable Care Act (ACA) may seem straightforward, but, in reality, complying with them can be quite complex and time Read More
Association Health Plans Don’t Help Larger Employers with ACA Compliance

Association Health Plans Don’t Help Larger Employers with ACA Compliance

July 16, 2018 3 minute read: The Affordable Care Act’s employer mandate has been in effect for the past three years and IRS enforcement of the healthcare law has begun. At the same Read More
ACA Compliance Is a Summer To Do Item

ACA Compliance Is a Summer To Do Item

July 2, 2018 3 minute read: Ah, summertime and the living is easy. Before you pack your bags and head to the beach for vacation, make sure your ACA process is in tip-top Read More
These Errors Greatly Determine Your Penalty Assessment in IRS Letter 226J

These Errors Greatly Determine Your Penalty Assessment in IRS Letter 226J

June 25, 2018 3 minute read: The issuance of Letter 226J for IRS information filings submitted for the 2015 tax year has caught many organizations off guard. More than 30,000 notices have been Read More
Proposed Farm Bill Another Attempt to Undermine ACA

Proposed Farm Bill Another Attempt to Undermine ACA

June 18, 2018 3 minute read: It’s well known that the Trump administration is doing all it can to undermine the Affordable Care Act. The recent decision by the federal Justice Department to Read More
Owners of Multiple Small Businesses May Need to Comply with the ACA

Owners of Multiple Small Businesses May Need to Comply with the ACA

May 23, 2018 2 minute read: Understanding the details of the employer shared responsibility provisions under the Affordable Care Act (ACA) can be difficult. One of the first steps is determining whether or Read More
ACA Compliance: A Tale of Two IRS Measurement Methods

ACA Compliance: A Tale of Two IRS Measurement Methods

May 16, 2018 3 minute read: If you or someone you know has been hit with Letter 226J, you know that it is no laughing matter. The IRS is issuing ACA penalty assessments Read More
TIN Validation Errors with the IRS Can Affect ACA Compliance

TIN Validation Errors with the IRS Can Affect ACA Compliance

May 9, 2018 2 minute read: A recent blog post from Robert Sheen discussed the IRS’s continuing efforts to enforce the Affordable Care Act’s employer mandate. On an annual basis, )applicable large employers Read More
New CMS Rule Keeps ACA Employer Mandate Intact

New CMS Rule Keeps ACA Employer Mandate Intact

April 18, 2018 3 minute read: The Center for Medicare and Medicaid (CMS) has issued a final rule to expand short-term insurance options for Americans as part of the federal government’s continuing campaign Read More
Five Common Mistakes Restaurants Make with ACA Compliance

Five Common Mistakes Restaurants Make with ACA Compliance

April 11, 2018 3 minute read: Since the passage of the Affordable Care Act in 2010, the reporting requirements set forth by the IRS have proven to be complicated and time consuming. Minimizing Read More
Time to Check Your Work with IRS ACA Filing Deadline Approaching

Time to Check Your Work with IRS ACA Filing Deadline Approaching

March 19, 2018 3 minute read:   The April 2 deadline is fast approaching for filing information related to the Affordable Care Act (ACA). Credit to your organization if it’s putting the finishing touches Read More
Having Responded to IRS Letter 226J to Prove ACA Compliance, Now Meet IRS Letter 227

Having Responded to IRS Letter 226J to Prove ACA Compliance, Now Meet IRS Letter 227

March 14, 2018 Your organization has received a Letter 226J tax notice because the IRS says it did not comply with the Affordable Care Act (ACA) on the basis of its ACA information Read More
After Settlement Rejected, Dave & Buster’s Court Case Continues

After Settlement Rejected, Dave & Buster’s Court Case Continues

February 21, 2018 The class action lawsuit filed in federal courts in New York’s Southern District against entertainment and restaurant chain Dave & Buster’s is continuing after the judge in the case rejected Read More
Worker Misclassification Can Impact ACA Compliance

Worker Misclassification Can Impact ACA Compliance

January 10, 2018 On December 31, 2017, the North Carolina Employee Fair Classification Act (EFCA) took effect. The new law allows for heightened investigations into those employers that are allegedly misclassifying their workers Read More
Calculating FT and FTE Employees [UPDATED]

Calculating FT and FTE Employees [UPDATED]

January 4, 2018 As part of their annual filing of healthcare coverage information with the IRS, organizations must determine if they are Applicable Large Employers (ALEs) for purposes of the Affordable Care Act Read More
IRS Extension of Good Faith Relief is Good and Bad News

IRS Extension of Good Faith Relief is Good and Bad News

December 28, 2017 As the saying goes, I have some good news and some bad news. For the good news, the IRS has extended good faith relief for information-reporting requirements for the Affordable Read More
ACA Individual Mandate is Set to be Gone, but Desire for Health Insurance Remains

ACA Individual Mandate is Set to be Gone, but Desire for Health Insurance Remains

December 21, 2017 As part of tax reform legislation passed by Congress, the individual mandate provision in the ACA requiring every American citizen to obtain health insurance or pay an annual financial penalty Read More
IRS Penalties for ACA Non-Compliance Can Be Costly

IRS Penalties for ACA Non-Compliance Can Be Costly

December 13, 2017 The IRS has announced the penalty amounts for companies with 50 or more full-time or full-time equivalent employees that do not comply with the Affordable Care Act (ACA) for the Read More
The IRS is Sending Million Dollar ACA Penalty Notices to Employers

The IRS is Sending Million Dollar ACA Penalty Notices to Employers

November 15, 2017 The letter no one wants is now in the mail! (click the image for the full letter) Applicable Large Employers (ALEs), employers with 50 or more full-time or full-time equivalent Read More
The IRS Releases Sample of Letter 226J

The IRS Releases Sample of Letter 226J

November 9, 2017 As we reported this week, the IRS has issued guidance on its plans to issue penalty notices by the end of this year to Applicable Large Employers (ALEs) it believes Read More
The IRS Will Start Issuing ACA Penalty Notices in 2017

The IRS Will Start Issuing ACA Penalty Notices in 2017

November 6, 2017 As we reported earlier this year, indications from the IRS pointed to the agency sending enforcement notices by December 2017 to businesses with 50 or more employees – referred to Read More
The Two C’s of Open Enrollment Season: Communication and Compliance

The Two C’s of Open Enrollment Season: Communication and Compliance

October 2, 2017 The Affordable Care Act raised the ante on providing health insurance to Americans for U. S. businesses. It mandated that applicable large employers (those with 50 or more full-time employees Read More
With the Threat Of ACA-Imposed Penalties From the IRS, Employers Must Be Serious About Tracking Employee and Worker Time

With the Threat Of ACA-Imposed Penalties From the IRS, Employers Must Be Serious About Tracking Employee and Worker Time

September 20, 2017 The Affordable Care Act’s (ACA) mandate that employers with 50 or more full-time or full-time equivalent employees must offer health insurance coverage to their full-time employees has come with added Read More
Incorrect PTC Calculations Show that Technology Is A Gift and a Curse

Incorrect PTC Calculations Show that Technology Is A Gift and a Curse

September 11, 2017 Over the last two years, the IRS has made some strides in ensuring that certain ACA-mandated processes are as seamless as possible for taxpayers and employers, from streamlining electronic form Read More
Tracking Time and Attendance: A Business Intelligence and Regulatory Imperative

Tracking Time and Attendance: A Business Intelligence and Regulatory Imperative

August 22, 2017 As misclassification suits arise from ill-defined job descriptions in the gig economy, how employees utilize their workdays is also becoming an issue. Who is managing and tracking how workers spend Read More
Another Sign That the IRS is Moving Forward with Enforcing ACA Compliance

Another Sign That the IRS is Moving Forward with Enforcing ACA Compliance

August 21, 2017 Letters released this month by the IRS continue to point to the agency moving forward with its plans to enforce the Affordable Care Act (ACA). The IRS has indicated it Read More
Get Your Business Data Organized

Get Your Business Data Organized

August 1, 2017 At times, companies may feel like they are swimming in data. It’s an information overload, and a lack of organization can lead to many mistakes in consolidating, validating and analyzing Read More
ACA Remains in Place, and a Study Highlights Potential Lack of Company Compliance

ACA Remains in Place, and a Study Highlights Potential Lack of Company Compliance

July 31, 2017 The recent failure in the U.S. Senate vote to repeal the Affordable Care Act (ACA) leaves in place the ACA’s employer mandate. The employer mandate applies to businesses with 50 Read More
ACA Filing Deadlines Still Loom Amid Reform Debate

ACA Filing Deadlines Still Loom Amid Reform Debate

July 20, 2017 Originally published on July 18, 2017 in “Compliance Week”  As healthcare reform sputters along in Congress, companies still face filing deadlines under the Affordable Care Act, and the Internal Revenue Service Read More
New Developments In Uber Misclassification Suits Prove The Complexities of Potential ACA Liability

New Developments In Uber Misclassification Suits Prove The Complexities of Potential ACA Liability

July 19, 2017 At the close of June, a shocking new development arose from Uber’s employee misclassification suits. The drivers who asserted they were actual Uber employees and not independent contractors had their Read More
EEO-1 Reporting Complications Creates ACA Reporting Efficiencies

EEO-1 Reporting Complications Creates ACA Reporting Efficiencies

July 17, 2017 Today we are featuring a post from our new blog, FCCI Insights. This blog will provide information on legislative and regulatory activity involving pay equity, employment eligibility verification, tax credits, Read More
IRS Still Moving Forward with ACA Compliance Enforcement for Employers

IRS Still Moving Forward with ACA Compliance Enforcement for Employers

July 10, 2017 The IRS recently issued Notice 2017-38, which revealed the results of the Treasury Department’s review of all “significant tax regulations” per President Trump’s Executive Order 13789 issued in April 2017. Read More
FCCI Identifies Five Common Challenges Organizations Face  When Complying with ACA Requirements

FCCI Identifies Five Common Challenges Organizations Face When Complying with ACA Requirements

June 12, 2017 Op-Ed originally published in PR Newswire. LOS ANGELES, CA — June 7, 2017 — First Capitol Consulting, Inc., (FCCI) has achieved a 100 percent success rate in assisting organizations with filing Read More
Preparing Your 2016 ACA Forms – Better Late Than Never

Preparing Your 2016 ACA Forms – Better Late Than Never

May 4, 2017 Now that the dust has settled that the Patient Protection and Affordable Care Act (ACA) is here to stay and the 2016 ACA reporting deadline is just behind us, employers Read More
What To Do When An IRS Letter Lands In Your Mailbox

What To Do When An IRS Letter Lands In Your Mailbox

April 25, 2017 The dreaded IRS letter. It can mean anything or nothing at all. As tax season for the 2016 tax year is coming to an end for most, so begins the Read More
The Treasury Inspector General Tax Administration Says Employer Mandate Penalties Are Coming

The Treasury Inspector General Tax Administration Says Employer Mandate Penalties Are Coming

April 17, 2017 With now two reporting years (2015 and 2016) behind us since the implementation of the Employer Mandate under the Affordable Care Act (ACA), the IRS has yet to impose any Read More
Thought That ACA Reporting for 2015 Was a Free Pass? Think Again.

Thought That ACA Reporting for 2015 Was a Free Pass? Think Again.

April 13, 2017 With now two reporting years (2015 and 2016) behind us since the implementation of the Employer Mandate under the Affordable Care Act (ACA), the IRS has yet to impose any Read More
Life After The Proposed AHCA: An Employer’s Tip Sheet

Life After The Proposed AHCA: An Employer’s Tip Sheet

April 4, 2017 Goodbye AHCA, hello ACA. Again. While President Trump’s attempt to repeal and replace the Affordable Care Act (ACA) with the American Health Care Act (AHCA) has left many Americans relieved Read More