IRS Issues Draft 2019 ACA Forms 1094-C and 1095-C and Reporting Instructions

IRS Issues Draft 2019 ACA Forms 1094-C and 1095-C and Reporting Instructions

November 20, 2019 The IRS has released draft versions of Forms 1094-C and 1095-C, as well as the reporting instructions for the 2019 tax year, to be filed and furnished in 2020. You Read More
ACA Affordability to Decrease for the 2020 Tax Year

ACA Affordability to Decrease for the 2020 Tax Year

November 19, 2019 3 minute read: In 2020, the affordability threshold will decrease. What that means is that employers will need to contribute more to their employee’s health coverage in order to fall Read More
The Look-Back Measurement Method Can Help Prevent ACA Penalties

The Look-Back Measurement Method Can Help Prevent ACA Penalties

November 13, 2019 4 minute read: Determining the accurate full-time employee count during a calendar year is important for Affordable Care Act compliance. Classifying employees incorrectly can lead to inaccurate information being submitted Read More
Mark These 2020 Dates for ACA Reporting for 2019

Mark These 2020 Dates for ACA Reporting for 2019

November 11, 2019 3 minute read: Every year, theIRS requires employers to submit important ACA information to the agency and their employees. Here are some important dates to keep in mind for submitting Read More
IRS Using Levy Power to Collect ACA Penalties

IRS Using Levy Power to Collect ACA Penalties

November 6, 2019 2 minute read: It’s bad enough that employers could face financial penalties for not complying with the Affordable Care Act. Now, the IRS has started using its levy power to Read More
Incorrect ITINs Will Cause Havoc With ACA Compliance

Incorrect ITINs Will Cause Havoc With ACA Compliance

October 30, 2019 3 minute read: Earlier this year the IRS announced that roughly 2 million ITINs are set to expire December 31. This could pose a significant risk to your organization’s Affordable Read More
The Triangle of Trust Is Critical for ACA Compliance [UPDATE]

The Triangle of Trust Is Critical for ACA Compliance [UPDATE]

October 28, 2019 3 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 Read More
Transgender Rights at Risk in ACA Case

Transgender Rights at Risk in ACA Case

October 24, 2019 3 minute read: A legal case focused on transgender rights may provide further validation of the protections offered by Section 1557 of the Affordable Care Act. The case involves Sergeant Read More
California Bill AB5 May Impact Your ACA Compliance Process

California Bill AB5 May Impact Your ACA Compliance Process

October 16, 2019 2 minute read: California employers may have another level of complexity coming their way in regards to compliance with the Affordable Care Act. The California state legislature has passed a Read More
Proposed IRS Regs Provide Guidance on ACA and HRAs

Proposed IRS Regs Provide Guidance on ACA and HRAs

October 14, 2019 3 minute read: Recently proposed IRS regulations provide guidance to employers who want to start offering individual coverage HRAs in place of offers of health coverage under the Affordable Care Read More
Get to Know the ACA’s Statewide Individual Mandates

Get to Know the ACA’s Statewide Individual Mandates

October 10, 2019 3 minute read: In January 2019, the federal Individual Mandate was effectively eliminated. Many states responded by implementing their own and some of them have both employer and employee penalties Read More
Eliminating the ACA’s Cadillac Tax Will Not Impact the Employer Mandate

Eliminating the ACA’s Cadillac Tax Will Not Impact the Employer Mandate

October 8, 2019 3 minute read: All eyes on are the U.S. Senate to see if a vote will be taken to eliminate a tax associated with the Affordable Care Act. The tax Read More
These Common Mistakes Can Result in ACA Penalties

These Common Mistakes Can Result in ACA Penalties

September 23, 2019 3 minute read: Affordable Care Act compliance can be time-consuming and complex. There are a myriad of issues that can arise during the course of the year that can make Read More
Maine Implements a Statewide Health Exchange

Maine Implements a Statewide Health Exchange

September 19, 2019 2 minute read: Maine will become the next state to administer its own statewide health exchange. The state will however, continue to operate on the federal healthcare.gov website platform. The Read More
ACA Full-Time: What is it and Why Does it Matter

ACA Full-Time: What is it and Why Does it Matter

September 12, 2019 4 minute read: What constitutes a full-time employee under the Affordable Care Act? The answer is not as simple as it seems. Getting this full-time employee count right matters under Read More
IRS Penalties Create A Hurricane for Businesses Failing to Comply with the ACA

IRS Penalties Create A Hurricane for Businesses Failing to Comply with the ACA

September 10, 2019 5 minute read: It’s a hurricane of IRS penalty notices. And it’s no laughing matter for businesses that have failed to comply with the Affordable Care Act. The IRS is Read More
ACA Approval Ratings on The Rise

ACA Approval Ratings on The Rise

September 4, 2019 3 minute read:  As the discussion over the 2020 election begins to take shape, we can expect the Affordable Care Act to be a topic of debate. However, based on Read More
Three More States Decide to Expand Medicaid Under the ACA

Three More States Decide to Expand Medicaid Under the ACA

September 3, 2019 3 minute read: Utah, Nebraska, and Idaho will join 33 states and the District of Columbia in expanding Medicaid under the Affordable Care Act. The expansion will take place under Read More
ACA Measurement Methods Are Critical for Avoiding IRS Penalties

ACA Measurement Methods Are Critical for Avoiding IRS Penalties

August 29, 2019 3 minute read: If you or someone you know has been hit with IRS Letter 226J, you know that it is no laughing matter. The IRS is issuing these ACA Read More
IRS Enforcement of the ACA Not Wavering

IRS Enforcement of the ACA Not Wavering

August 21, 2019 2 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 Read More
IRS Issues Letter 972CG to Employers for Late ACA Filings

IRS Issues Letter 972CG to Employers for Late ACA Filings

August 19, 2019 4 minute read: The IRS has started to issue ACA penalties to employers who have filed their annual ACA information past IRS deadlines, another sign that the IRS is further Read More
A Late Response to IRS Letter 226J Could Cost You

A Late Response to IRS Letter 226J Could Cost You

August 9, 2019 2 minute read: Responding to IRS Letter 226J penalty assessments quickly and accurately is very important for a number of reasons, including reducing or eliminating the proposed penalty assessment. But Read More
We Answer Your ACA Employer Mandate Questions

We Answer Your ACA Employer Mandate Questions

August 7, 2019 3 minute read: We hosted an ACA webinar in July with HR.com, and were asked several questions relating to the ACA’s Employer Mandate. The answers are now available on our Read More
Penalties for the 2019 Tax Year Are Higher Than Ever

Penalties for the 2019 Tax Year Are Higher Than Ever

August 5, 2019 3 minute read: The IRS has not let up with issuing ACA penalties to employers identified as having failed to comply with the law’s Employer Mandate. As in past tax Read More
Keep An Eye Out for Letter 5699 [UPDATE]

Keep An Eye Out for Letter 5699 [UPDATE]

July 29, 2019 3 minute read: It’s summer, but we can expect a blizzard of ACA notices and penalty assessments being sent by the IRS as the tax agency steps up its ACA Read More
Expiring ITINs May Affect ACA Compliance

Expiring ITINs May Affect ACA Compliance

July 10, 2019 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 Read More
Monthly ACA Compliance Can Help Employers Avoid IRS Penalties

Monthly ACA Compliance Can Help Employers Avoid IRS Penalties

July 8, 2019 4 minute read: As the IRS rolls out Letter 226J penalty notices for the 2017 tax year, those of you who have a monthly compliance process in place to address Read More
Expect Greater Scrutiny and Audits from IRS Staff on ACA Compliance

Expect Greater Scrutiny and Audits from IRS Staff on ACA Compliance

June 24, 2019 4 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 Read More
IRS Limiting Length of Extensions for Responding to ACA Penalty Notices

IRS Limiting Length of Extensions for Responding to ACA Penalty Notices

June 21, 2019 3 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 Read More
Monthly ACA Compliance Can Help Employers Avoid IRS Penalties

Monthly ACA Compliance Can Help Employers Avoid IRS Penalties

June 7, 2019 4 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 Read More
Get Ready! More IRS Letter 226J ACA Penalty Notices Are on the Way [UPDATE]

Get Ready! More IRS Letter 226J ACA Penalty Notices Are on the Way [UPDATE]

June 5, 2019 3 minute read: IRS staff is expected to start issuing Affordable Care Act penalty notices for the 2017 tax year this month. This comes on the heels of a final Read More
Suggestions on Responding to IRS 6721/6722 ACA Penalties

Suggestions on Responding to IRS 6721/6722 ACA Penalties

May 22, 2019 3 minute read: In late 2018, the IRS began issuing ACA penalties under IRC 6721/6722 to employers that failed to distribute 1095-C forms to employees and to file 1094-C and Read More
New Jersey Plans to Create Statewide Health Exchange

New Jersey Plans to Create Statewide Health Exchange

May 20, 2019 3 minute read:  New Jersey will administer its own statewide health exchange marketplace starting in 2021. As a result, the state will no longer operate under the federal health exchange. Read More
CMS Seeks Input from States on ACA Waivers

CMS Seeks Input from States on ACA Waivers

May 15, 2019 2 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 Read More
Grandmothered ACA Plans Receive Transition-Relief Extension

Grandmothered ACA Plans Receive Transition-Relief Extension

May 1, 2019 2 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 Read More
An ACA Penalty Risk Assessment May Help School Districts Avoid IRS Penalties

An ACA Penalty Risk Assessment May Help School Districts Avoid IRS Penalties

April 25, 2019 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 Read More
Employers Must Correct IRS Errors to Avoid ACA Penalties

Employers Must Correct IRS Errors to Avoid ACA Penalties

April 24, 2019 3 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 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
Tax Reform Bills Keep ACA Employer Mandate Intact

Tax Reform Bills Keep ACA Employer Mandate Intact

December 14, 2017 Throwback Thursday Feature from Wednesday, December 6, 2017. When the U.S. House and Senate Republicans meet in conference to discuss how they will reconcile their two different tax reform legislations, among Read More
New White House Executive Order Doesn’t Change ACA Employer Mandate

New White House Executive Order Doesn’t Change ACA Employer Mandate

October 16, 2017 The Executive Order directed at the Affordable Care Act (ACA) that was signed by President Trump last week addresses three areas he claims will expand healthcare choices to Americans. The Read More
Some ACA Compliance Still Required By Employers Despite Possible Repeal

Some ACA Compliance Still Required By Employers Despite Possible Repeal

January 16, 2017 As conflicting opinions of an ACA Repeal continue to loom overhead, from the Republican viewpoint, a repeal seems inevitable. However, this does not translate to an elimination of ACA compliance Read More