1 minute read: As many of you start to focus on what 2020 has in store for your organization, we’re sure ACA compliance is on your list. As employers start …
ACA Compliance
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ACA ComplianceAffordable Care Act
The Triangle of Trust Is Critical for ACA Compliance [UPDATE]
by Robert Sheenby Robert Sheen3 minute read: Creating the optimal alignment of data, regulatory expertise and software is critical in achieving ACA compliance. We call this principle the Triangle of TrustSM. This principle has …
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ACA ComplianceAffordable Care Act
The ACA Monthly Measurement Method: A Few Examples
by Robert Sheenby Robert Sheen3 minute read: When trying to determine whether employees are considered to be full-time under the Affordable Care Act, employers must use one of two measurement methods mandated by the …
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ACA ComplianceACA ReportingAffordable Care Act
New Jersey Issues Employer Guidance on State-Level ACA Reporting
by Robert Sheenby Robert Sheen2 minute read: The state of New Jersey has issued information for employers on third-party reporting to support the state’s new individual healthcare mandate. Employers with employees in New Jersey …
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ACA ComplianceAffordable Care Act
IRS Enforcement of the ACA Not Wavering
by Robert Sheenby Robert Sheen2 minute read: Give the IRS credit. It is consistent. In 2017, the federal tax agency responded to an inquiry about waivers to business owners from U.S. House Representative Bill …
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3 minute read: The IRS has announced that nearly two million ITINs are set to expire in 2019. What does this mean for your business and ACA compliance? We have …
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ACA ComplianceAffordable Care Act
Expect Greater Scrutiny and Audits from IRS Staff on ACA Compliance
by Robert Sheenby Robert Sheen4 minute read: The IRS staff is preparing a new round of IRC 4980H penalty assessments to be issued to employers for failing to comply with the requirements of the …
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ACA ComplianceAffordable Care Act
IRS Limiting Length of Extensions for Responding to ACA Penalty Notices
by Robert Sheenby Robert Sheen3 minute read: Employers that receive IRS Letter 226J penalty notice for failing to comply with the Affordable Care Act will be limited to one 30-day extension for each IRS …
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ACA ComplianceAffordable Care Act
Monthly ACA Compliance Can Help Employers Avoid IRS Penalties
by Robert Sheenby Robert Sheen4 minute read: As the IRS begins rolling out a new round of ACA penalty notices this month, we can’t stress enough how important it is to assess your compliance …
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ACA ComplianceAffordable Care Act
CMS Seeks Input from States on ACA Waivers
by Robert Sheenby Robert Sheen2 minute read: The Centers for Medicare and Medicaid (CMS) and the U.S. Department of Treasury have issued a request for information (RFI) to states seeking more ideas on potential …
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ACA ComplianceAffordable Care Act
Grandmothered ACA Plans Receive Transition-Relief Extension
by Robert Sheenby Robert Sheen2 minute read: The U.S. Department of Health and Human Services’ Center for Medicare and Medicaid Services (CMS) has extended the period of non-enforcement for certain non-compliant health policies under …
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ACA ComplianceAffordable Care Act
An ACA Penalty Risk Assessment May Help School Districts Avoid IRS Penalties
4 minute read: The Affordable Care Act is complex and complying with the law’s Employer Mandate can be challenging for school districts. We had that confirmed in recent conversations at …
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ACA ComplianceAffordable Care Act
Employers Must Correct IRS Errors to Avoid ACA Penalties
by Robert Sheenby Robert Sheen3 minute read: We are all human, including the people who work at the IRS. And like all of us, sometimes they make mistakes. The only difference is that errors …
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ACA ComplianceAffordable Care Act
Reduce IRS Penalty Risk With Monthly ACA Compliance
by Robert Sheenby Robert Sheen3 minute read: At this point, if your organization has achieved success in complying with the Affordable Care Act, you understand that it’s no simple undertaking. Chances are, your organization …
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ACA ComplianceAffordable Care Act
ACA Compliance Still Confusing to Employers
by Robert Sheenby Robert Sheen5 minute read: Employers are still confused with how to comply with the Affordable Care Act, and continue to hide their heads in the sand about the real risk of …
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ACA ComplianceAffordable Care Act
The Signs Were There for IRS’s ACA Enforcement
by Robert Sheenby Robert Sheen5 minute read: One of the more complex sections of the Affordable Care Act is the Employer Shared Responsibility Provisions, also referred to as the ACA Employer Mandate. Under the …
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ACA ComplianceAffordable Care Act
Hey Accountants, the IRS is Coming for Your Clients
by Robert Sheenby Robert Sheen3 minute read: Originally published on March 6, 2018, in Accounting Today. Lost amid the confusion of the federal government shutdown this year was a new set of penalties the …
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ACA ComplianceACA ReportingIRS 226J/226-J
Having Responded to IRS Letter 226J to Prove ACA Compliance, Now Meet IRS Letter 227 [UPDATE]
by Robert Sheenby Robert Sheen2 minute read: 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 …
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ACA ComplianceIRS
The IRS is Issuing Penalties for Not Providing 1095-C Forms by IRS Deadlines [UPDATE]
by Robert Sheenby Robert Sheen2 minute read: The IRS has started to issue a new round of ACA penalties that focus on failure to distribute 1095-C forms to employees and to file 1094-C and …
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ACA ComplianceHealth Care Coverage
California Carries the Torch for State-Based Individual Mandates
by Robert Sheenby Robert Sheen2 minute read: California Governor Gavin Newsom has not wasted time wading into the healthcare debate. The governor has proposed an individual mandate requiring all California residents to obtain health …
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ACA Compliance
ACA Compliance Should Continue Despite Government Shutdown
by Robert Sheenby Robert Sheen2 minute read: As we enter the third week of government shutdown, we’re on track to surpass the longest shutdown in U.S. history. The shutdown affects many government agencies, including …
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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 …
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ACA ComplianceAffordable Care ActIRS 226J/226-J
How to Respond to IRS Letter 226J for the 2016 Tax Year [INFOGRAPHIC]
by Robert Sheenby Robert Sheen1 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 …
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ACA Compliance
Association Health Plans Don’t Help Larger Employers with ACA Compliance
by Robert Sheenby Robert Sheen3 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 …
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ACA ComplianceACA ReportingIRS 226J/226-J
These Errors Greatly Determine Your Penalty Assessment in IRS Letter 226J
by Robert Sheenby Robert Sheen3 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 …
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ACA ComplianceAffordable Care ActHealth Care Coverage
Proposed Farm Bill Another Attempt to Undermine ACA
by Robert Sheenby Robert Sheen3 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 …
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ACA Compliance
TIN Validation Errors with the IRS Can Affect ACA Compliance
by Robert Sheenby Robert Sheen2 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 …
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ACA ComplianceAffordable Care Act
New CMS Rule Keeps ACA Employer Mandate Intact
by Robert Sheenby Robert Sheen3 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 …
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ACA ComplianceACA ReportingIRS
Time to Check Your Work with IRS ACA Filing Deadline Approaching
by Robert Sheenby Robert Sheen3 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 …
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ACA ComplianceLawsuits
After Settlement Rejected, Dave & Buster’s Court Case Continues
by Robert Sheenby Robert SheenThe 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 …
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ACA ComplianceEmployee Misclassification
Worker Misclassification Can Impact ACA Compliance
by Robert Sheenby Robert SheenOn 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 …
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ACA ComplianceAffordable Care ActIRS
IRS Extension of Good Faith Relief is Good and Bad News
by Robert Sheenby Robert SheenAs 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 …
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ACA ComplianceTax Reform
ACA Individual Mandate is Set to be Gone, but Desire for Health Insurance Remains
by Robert Sheenby Robert SheenAs 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 …
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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 …
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ACA ComplianceAffordable Care ActIRS 226J/226-J
The IRS is Sending Million Dollar ACA Penalty Notices to Employers
by Robert Sheenby Robert SheenThe 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 …
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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 …
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ACA ComplianceIRSIRS 226J/226-J
The IRS Will Start Issuing ACA Penalty Notices in 2017
by Robert Sheenby Robert SheenAs 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 …
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ACA Compliance
The Two C’s of Open Enrollment Season: Communication and Compliance
by Robert Sheenby Robert SheenThe 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 …
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ACA Compliance
With the Threat Of ACA-Imposed Penalties From the IRS, Employers Must Be Serious About Tracking Employee and Worker Time
by Robert Sheenby Robert SheenThe 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 …
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ACA CompliancePremium Tax Credit
Incorrect PTC Calculations Show that Technology Is A Gift and a Curse
by Robert Sheenby Robert SheenOver 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 …
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ACA Compliance
Tracking Time and Attendance: A Business Intelligence and Regulatory Imperative
by Robert Sheenby Robert SheenAs 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 …
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ACA ComplianceIRS
Another Sign That the IRS is Moving Forward with Enforcing ACA Compliance
by Robert Sheenby Robert SheenLetters 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 …
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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 …
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ACA ComplianceAffordable Care Act
ACA Remains in Place, and a Study Highlights Potential Lack of Company Compliance
by Robert Sheenby Robert SheenThe 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 …
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ACA ComplianceACA Reporting
ACA Filing Deadlines Still Loom Amid Reform Debate
by Robert Sheenby Robert SheenOriginally 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 …
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ACA ComplianceEmployee Misclassification
New Developments In Uber Misclassification Suits Prove The Complexities of Potential ACA Liability
by Robert Sheenby Robert SheenAt 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 …
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ACA Compliance
EEO-1 Reporting Complications Creates ACA Reporting Efficiencies
by Robert Sheenby Robert SheenAt first glance, it’s a nice reprieve that EEO-1 reports for the 2017 tax year have been postponed. Reports were slated for a September 30, 2017 due date for all …
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ACA ComplianceIRS
IRS Still Moving Forward with ACA Compliance Enforcement for Employers
by Robert Sheenby Robert SheenThe 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. …
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ACA Compliance
FCCI Identifies Five Common Challenges Organizations Face When Complying with ACA Requirements
by Robert Sheenby Robert SheenOp-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 …
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ACA ComplianceACA ReportingHealth Care Coverage
Preparing Your 2016 ACA Forms – Better Late Than Never
by Robert Sheenby Robert SheenNow 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 …