A federal court rules that a transgender woman’s discrimination claim can proceed under ACA. The result of the case could expand minimum essential coverage.
ACA Compliance
-
-
It’s that time of year again. Organizations that opt to paper file their ACA details for the 2023 tax will need to submit them to the IRS by today, Feb. …
-
After a sharp fall in 2023, M&A activity is expected to rise in 2024. But ensuring ACA compliance during mergers can slip down the priority list of both target and …
-
The stakes just got higher for employers that misclassify their workers. The U.S. Department of Labor (DOL) issued its new Independent Contractor Rule, which takes effect on March 11, 2024, …
-
It’s that time of year again – Affordable Care Act reporting season, when employers prepare to comply with ACA 1095-C furnishing deadline 2023. To meet ACA deadlines, employers must furnish …
-
We recently held a webinar regarding changes pertinent to the upcoming ACA reporting season. After receiving numerous questions from attendees during the session, we thought it best to compile and …
-
ACA Repeal
Trump Targets ACA Repeal and Replace in Election Campaign
by Robert Sheenby Robert SheenTrue to his history with the ACA, former President Donald Trump has once again voiced plans for dismantling the nearly 14-year-old healthcare law. Just when you thought the ACA was …
-
As 2024 approaches, now is the time to begin preparing for the 2023 ACA reporting requirements. To assist you with your ACA responsibilities, we’ve curated a list of some of …
-
Affordable Care Act (ACA) compliance may be here to stay. This election cycle is the first time in more than a decade that the ACA has taken a back burner …
-
ACA Repeal
ACA On Solid Ground Ahead of the 2024 Presidential Election
by Robert Sheenby Robert SheenFor the first time in more than a decade, Republican frontrunners eyeing the 2024 election aren’t campaigning for the elimination of the ACA. It’s a rather big shift from previous …
-
Michigan Governor Gretchen Whitmer recently enacted legislation that makes the ACA’s pre-existing conditions provision state law. The move ensures that residents of The Great Lakes State have continued access to …
-
The IRS recently released new Affordable Care Act (ACA) IRS forms for 2023. The now well-known “Employer Mandate” outlines employer responsibilities for ensuring employees, and their families, have access to …
-
With open enrollment for the 2024 calendar year approaching quickly, organizations should turn their attention to ACA compliance efforts to ensure their processes and procedures for administering health plans are …
-
The Affordable Care Act (ACA) was designed to lessen the financial burden of healthcare insurance for Americans and ensure access to insurance for all. Employers have taken on an important …
-
The landscape of the Affordable Care Act (ACA) has been witnessing significant shifts, particularly concerning subsidies and their implications. We’ve recently explored how IRS safe harbors for affordability help businesses …
-
The Affordable Care Act (ACA) has undergone recent developments that carry significant implications for employer ACA compliance and reporting requirements. One of the most notable changes is the resolution of …
-
ACA Reform
What Biden-era Junk Insurance Coverage Changes Mean for Employers
by Robert Sheenby Robert SheenAs the saying goes: “Elections have consequences.” That’s a lesson being driven home to employers as they consider their compliance requirements under the Affordable Care Act (ACA). The U.S. has …
-
The Internal Revenue Service (IRS) has intensified its enforcement of the Affordable Care Act’s (ACA) Employer Mandate, signaling a shift in its approach toward suspected non-compliance. Recent reports indicate that …
-
ACA compliance has been a complex, time-consuming, and costly endeavor for employers across the country, and compliance isn’t made any easier by the fact that ACA requirements are dynamic and …
-
Many organizations find ACA compliance to be challenging and time-consuming, leading to potential penalties from the IRS. But while almost all organizations need to comply with reporting requirements (those that …
-
Summer is upon us and with it a number of annoyances. Mosquitos. Road construction. And those pesky Affordable Care Act (ACA) compliance responsibilities that tend to slip during summer months …
-
While the Affordable Care Act’s Employer Mandate is likely very well known (if not well loved) by employers, many are unaware of the ACA’s Rule of Parity, which offers some …
-
ACA Compliance
Classify Workers Correctly to Determine ALE Status and Avoid ACA Penalties
by Robert Sheenby Robert SheenClassifying workers correctly is critical for determining if the requirements of the ACA’s Employer Mandate apply to an organization. The reason? Worker classifications directly impact an employer’s Applicable Large Employer …
-
ACA ComplianceACA Penalties
Avoid These Compliance Triggers to Minimize ACA Penalty Risk
by Robert Sheenby Robert SheenIt’s no secret the IRS is ramping up ACA enforcement. With additional funding for improving its tax correspondence processing infrastructure, more staff than ever, and a renewed focus on compliance, …
-
The deadline for electronically filing ACA forms 1094-C and 1095-C for the 2022 tax year was March 31. Did you make the deadline? If you did, were all your submissions …
-
It’s true the 2022 ACA reporting season deadlines have passed, but that doesn’t mean it’s the end of the ACA compliance efforts and ACA penalties. As we’ve previously communicated, IRS …
-
ACA Compliance
Receive an ACA Penalty from the IRS?
Here’s What to Doby Robert Sheenby Robert SheenIt’s no secret that IRS enforcement is ramping up. With an additional $80 billion in funding and 87,000 new agents, employers should accept the fact that ACA penalties could be …
-
ACA Full-Time: What is it and Why Does it Matter? What constitutes a full-time employee under the ACA? The answer is not as simple as it seems. And getting your …
-
Now that the IRS received an influx of resources, including $80 billion in funding and 87,000 new tax agents, employers should keep their eyes peeled for the ACA warning notice, …
-
Friday, March 31, 2023, is the ACA electronic filing deadline for submitting Forms 1094-C and 1095-C to the IRS for the 2022 tax year as required by the ACA’s Employer …
-
ACA Compliance
ACA Measurement Methods Are Critical for Avoiding IRS Penalties
by Robert Sheenby Robert SheenIf you or someone you know has been hit with IRS Letter 226J, you know that it is no laughing matter. The IRS is currently issuing these ACA penalty assessments …
-
ACA Compliance
IRS Limited Non-Assessment Periods Help Avoid ACA Penalties
by Robert Sheenby Robert SheenThe responsibilities under the ACA’s Employer Mandate may seem straightforward, but, in reality, complying with them can be challenging and time-consuming. An area that many Applicable Large Employers (ALEs) struggle …
-
Employers, take note: 2023 brings heftier IRS penalties for failure to comply with the ACA’s Employer Mandate. Under the ACA’s Employer Mandate, ALEs, or employers with 50 or more full-time and …
-
ACA Deadline
California Individual Mandate ACA Furnishing Deadline is January 31
by Robert Sheenby Robert SheenWith the New Year well underway, organizations with operations in California should give special attention to the state’s Individual Mandate and its additional ACA reporting requirements. Employers offering self-funded healthcare …
-
ACA Compliance
IRS Memo Signals Importance of Proper Employee Classification in ACA Compliance
by Robert Sheenby Robert SheenThe Department of Labor (DOL) and IRS recently issued an updated memorandum of understanding (MOU) regarding the way the two agencies identify and enforce employee misclassifications. The agencies make clear …
-
ACA Compliance
AIR Portal Opens for 2022: Time to Review ACA Filings
by Robert Sheenby Robert SheenEarlier this week the IRS announced that the Affordable Care Act Information Returns (AIR) portal will open tomorrow, Friday, January 13, 2023, at 6:00 a.m. Pacific time. As a result …
-
The arrival of a new year marks the time to begin preparing annual 1095-C filings with the IRS and select state governments. Fortunately for employers, there aren’t any new 1095-C …
-
In late 2022, the IRS issued an update regarding Patient-Centered Outcomes Research Institute (PCORI) fees for 2023. Namely, that they are increasing. For plans that end on or after October …
-
Late last week, the IRS issued the final ACA reporting instructions for the 2022 tax year, which include both the 1094-C and 1095-C forms to be filed and furnished in …
-
ACA Deadline
IRS Confirms End of ACA Good-Faith Transition Relief and More
by Robert Sheenby Robert SheenOn December 12, the IRS issued final regulations confirming the end of good-faith transition relief. The good news is that the regulations also include a permanent, automatic 30-day extension for …
-
ACA Compliance
What Employers Need to Know About the California Individual Mandate
by Robert Sheenby Robert SheenEmployers with operations in California should be familiar with the state’s Individual Mandate and the additional ACA reporting requirements, as they have been in effect since 2020. Still, organizations are …
-
ACA Compliance
Owners of Multiple Small Businesses May Need to Comply with the ACA
by Robert Sheenby Robert SheenUnderstanding the details of the employer-shared responsibility provisions under the ACA can be challenging, especially as the IRS continues to issue penalties for non-compliance. One of the first steps is …
-
The last several years have been difficult for the IRS, but now that the agency is almost through its historic backlog, it is making significant progress on a long list …
-
As we’ve previously noted, IRS enforcement of the ACA’s Employer Mandate is ramping up. Most recently, the agency began requesting more detailed information from employers being audited for suspected non-compliance …
-
ACA Analysis
Final Regulations Amend Eligibility for Premium Tax Credits
by Robert Sheenby Robert SheenThe IRS recently issued final regulations on the use of Premium Tax Credits (PTCs), resolving the “family glitch” and extending PTC eligibility beyond individuals to family members. As a result, …
-
Affordable Care Act
Employers, Take Note: ACA No Longer Being Repealed
by Robert Sheenby Robert SheenRepublicans in Congress are abandoning their efforts to repeal the 12-year-old Affordable Care Act. With this in mind, organizations should revisit their ACA Employer Mandate responsibilities. Plus, the recently passed …
-
As IRS enforcement of the ACA continues to ramp up, organizations would be wise to implement a monthly compliance process, if they haven’t already. Employers that implement a monthly ACA …
-
ACA Compliance
The Look-Back Measurement Method Can Prevent ACA Penalties
by Robert Sheenby Robert SheenDetermining the accurate full-time employee count during a calendar year is important for ACA compliance. Getting it wrong can lead to inaccurate annual information filings with the IRS and subsequently …
-
The IRS recently announced that the ACA penalty assessments issued for non-compliance with the Employer Mandate are increasing for the 2023 tax year. Below we highlight the new penalty amounts …
-
Just when you thought the ACA was finally out of the line of fire, another lawsuit questioning its constitutionality makes its way to the forefront. This time it’s an attack …