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
Less Than 30 Days to First IRS Filing Deadline for 2017 ACA Information

Less Than 30 Days to First IRS Filing Deadline for 2017 ACA Information

February 5, 2018 We are less than 30 days away from the first deadlines for filing Affordable Care Act (ACA) information for the 2017 tax year. How time flies! Here is who must Read More
DOL Seeking Comments On Extending Association Health Plans

DOL Seeking Comments On Extending Association Health Plans

January 30, 2018 Under the Affordable Care Act (ACA), employers that do not meet the 50 or more full-time or full-time equivalent employee threshold to be Applicable Large Employers (ALEs) do not face 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
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
IRS Extends 2018 ACA Deadline for Providing 1095-Cs to Employees

IRS Extends 2018 ACA Deadline for Providing 1095-Cs to Employees

December 27, 2017 The IRS has extended the 2018 deadlines to provide 2017 health coverage information forms to individuals as required by Affordable Care Act (ACA). The information was included in a new 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
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
Preparing For Affordable Care Act Filings With the IRS? Here’s a Checklist That May Help [Updated]

Preparing For Affordable Care Act Filings With the IRS? Here’s a Checklist That May Help [Updated]

December 12, 2017 Updated from original blog post on November 7, 2017. The ACA filing deadlines for the 2017 tax year are fast approaching. With the IRS sending penalty notices for ACA filings Read More
IRS Letter 226J Infographic Details Response Process [Updated]

IRS Letter 226J Infographic Details Response Process [Updated]

December 11, 2017 Updated from original blog post on December 4, 2017. As more organizations start to prepare for the possibility of receiving a holiday greeting from the IRS in the form of Read More
IRS Provides Information on Responding to Letter 226J

IRS Provides Information on Responding to Letter 226J

December 5, 2017 The IRS has posted information on its website regarding Letter 226J, the initial letter issued to Applicable Large Employers (ALEs) – those organizations with 50 or more full-time or full-time Read More
Are Your Clients Ready for the IRS’s ACA Penalty Assessments?

Are Your Clients Ready for the IRS’s ACA Penalty Assessments?

November 27, 2017 Originally published on November 21, 2017 in “Accounting Today”  The IRS has been sending signals since the summer that it will be enforcing the Affordable Care Act’s employer mandate. Those signals 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
Will the IRS Extend ACA Reporting Deadlines?

Will the IRS Extend ACA Reporting Deadlines?

November 14, 2017 Are deadline extensions and reinstatement of penalty relief for the Affordable Care Act (ACA) in the cards for employers? The IRS Information Reporting Program Advisory Committee (IRPAC) has recommended the Read More
How to Respond to IRS Letter 226J About Affordable Care Act Penalties

How to Respond to IRS Letter 226J About Affordable Care Act Penalties

November 13, 2017 It’s the letter no one wants to receive. However, its coming and you need to be prepared just in case your company or client receives it. It is Letter 226J, 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
Preparing for Affordable Care Act Filings with the IRS? Here’s a Checklist That May Help

Preparing for Affordable Care Act Filings with the IRS? Here’s a Checklist That May Help

November 7, 2017 Now is the time to be assessing where you stand in gathering the necessary information necessary for filing ACA-mandated information with the IRS. Organizations with more than 50 full-time or 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
Free Resources from the IRS to Answer Your Questions on the ACA

Free Resources from the IRS to Answer Your Questions on the ACA

November 2, 2017 The IRS provides a variety of resources to assist organizations in better understanding the requirements of the Affordable Care Act (ACA). Here’s are some that we hope you will find Read More
Update on IRS Penalties for Employers That Fail to File ACA-Mandated Information

Update on IRS Penalties for Employers That Fail to File ACA-Mandated Information

November 1, 2017 You can expect to see a slight increase in IRS penalties related to the Affordable Care Act for the 2018 and 2019 tax filing seasons, which reflect reporting for the Read More
IRS Roundup: What You Need to Know About the IRS and the Affordable Care Act

IRS Roundup: What You Need to Know About the IRS and the Affordable Care Act

October 24, 2017 Over the past few months, the IRS has been moving forward with preparations for the ACA-mandated filings for the 2017 tax reporting year. Here’s what we know so far about 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
IRS Issues Instructions for Use of New ACA Forms for 2017 Tax Year [NEW REPORT]

IRS Issues Instructions for Use of New ACA Forms for 2017 Tax Year [NEW REPORT]

October 10, 2017 The IRS has followed the release of the 2017 forms for filing Affordable Care Act (ACA)-mandated information with the IRS for the 2017 tax year with the instructions for the Read More
IRS Issues New ACA Forms for 2017 Tax Year [NEW REPORT]

IRS Issues New ACA Forms for 2017 Tax Year [NEW REPORT]

October 3, 2017 The IRS continues to prepare for employers to file ACA-mandated information with the IRS for the 2017 tax year. The IRS is now making the new Form 1094-C and Form 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
IRS Reveals 2017 Average National Monthly Premium Needed to Calculate Individual Taxpayer Penalties for ACA

IRS Reveals 2017 Average National Monthly Premium Needed to Calculate Individual Taxpayer Penalties for ACA

August 30, 2017 The IRS has issued the 2017 Average National Monthly Premium of bronze-level qualified health plans for both individuals and shared responsibility families of five or more. That figure is the Read More
Everything You Want To Know About Virtual IRS Appeals and the ACA

Everything You Want To Know About Virtual IRS Appeals and the ACA

August 28, 2017 For many Americans, tax appeals are a daunting process. Every year, the IRS Office of Appeals sees over 100,000 tax appeals travel across their desks from those taxpayers challenging the Read More
Independent of the Bipartisan Effort to Reform Healthcare, the IRS Continues to Enforce the ACA

Independent of the Bipartisan Effort to Reform Healthcare, the IRS Continues to Enforce the ACA

August 24, 2017 In the wake of Congress being unable to pass ACA repeal and replace legislation, a bipartisan effort seems to be growing around improving the ACA. Indeed, a majority of Americans 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
New Developments Continue to Dog Uber About Worker Misclassification

New Developments Continue to Dog Uber About Worker Misclassification

August 16, 2017 In the United States alone, Uber has over 600,000 drivers, some of whom over the course of the last two years have been entangled in numerous lawsuits surrounding their rights Read More
Draft IRS ACA Reporting Forms for 2017 Are Out, Transition Relief for Companies Is Over

Draft IRS ACA Reporting Forms for 2017 Are Out, Transition Relief for Companies Is Over

August 7, 2017 The IRS has released drafts of forms 1094-C and 1095-C for use in reporting ACA-mandated information for the 2017 tax year. You can view the draft forms at these links: Read More
Health Insurance Brokers Help Employers Lower Healthcare Costs

Health Insurance Brokers Help Employers Lower Healthcare Costs

August 3, 2017 When it comes to providing healthcare as an employer, cost is a major concern. Under the Affordable Care Act (ACA), applicable large employers – organizations with 50 or more full-time 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
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
Featured Press: 3 Issues For Business As The U.S. Senate Tackles Trumpcare

Featured Press: 3 Issues For Business As The U.S. Senate Tackles Trumpcare

May 22, 2017 Op-Ed originally published in The Business Journals. After some false starts, Republicans in the U.S. House of Representatives finally passed the American Health Care Act (AHCA), as amended, the first step Read More
President Trump’s New Tax Plan May Affect The Health Care Market As We Know It

President Trump’s New Tax Plan May Affect The Health Care Market As We Know It

May 10, 2017 Earlier this month, we learned that President Trump attempted to yet again repeal and replace the Affordable Care Act. This time it worked with the House passing the American Health Read More
GOP Health Care Bill Now Faces Uphill Battle in Senate

GOP Health Care Bill Now Faces Uphill Battle in Senate

May 4, 2017 Today, with a vote count of 217 for and 213 against, the heavily Republican majority House passed the amended American Healthcare Act (AHCA). This rushed vote came with less than Read More
Misclassification of Employees Can Lead to Big Penalties Under the ACA

Misclassification of Employees Can Lead to Big Penalties Under the ACA

May 1, 2017 The Employer Mandate under the Affordable Care Act subjects Applicable Large Employers (ALEs) to penalties for failing to offer their full time employees healthcare coverage. Moreover, the ALE is subject 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
How to Successfully Appeal an Exchange Notice from the Healthcare Marketplace

How to Successfully Appeal an Exchange Notice from the Healthcare Marketplace

April 10, 2017 – Op-Ed published on April 7, 2017 on ‘Accounting Today’ – Some companies across the country may have experienced receiving exchange notices from the health insurance marketplace informing them they 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
The IRS ACA Audit Process Forces Employers to Prove Their Case or Face Penalties

The IRS ACA Audit Process Forces Employers to Prove Their Case or Face Penalties

March 21, 2017 Op-Ed Updated Published on March 16, 2017 on ‘Accounting Today’ A few weeks after the national election, the Internal Revenue Service (IRS) began to issue notices to employers who may Read More
The ACA Exchange Appeals Process

The ACA Exchange Appeals Process

February 22, 2017 The Exchanges in the Health Insurance Marketplace have been issuing out notices to employers. Each such Notice indicates to the employer that it may be subject to penalties for failing Read More
The IRS Audit Process Will Force Employers to Prove Their Case or Face Penalties

The IRS Audit Process Will Force Employers to Prove Their Case or Face Penalties

February 13, 2017 Post election, in December of 2016, the Internal Revenue Service (IRS) began to issue out notices to employers who may have failed to comply with the ACA. These notices appear Read More
Iowa Takes A Big Step Toward Small Business Health Care For Employees

Iowa Takes A Big Step Toward Small Business Health Care For Employees

October 5, 2016 It hasn’t been the easiest task getting small businesses on board for healthcare, as money can be an issue. The Health Reimbursement Arrangement (HRA) allows small businesses to reimburse employees Read More
ACA Modifications: We’re Not In 2010 Anymore

ACA Modifications: We’re Not In 2010 Anymore

August 2, 2016 When the Affordable Care Act (ACA) was first enacted in 2010, it was with the understanding that changes would be made to the ACA after the fact. Health care reform Read More
IRS Alerts Employers on Required Reports

IRS Alerts Employers on Required Reports

July 27, 2015 The Internal Revenue Service (IRS) issued a reminder that all employers that provide self-insured health coverage, must file an annual return reporting certain information for each employee they cover. If Read More
IRS Explains Definition of ‘Large Employer’

IRS Explains Definition of ‘Large Employer’

May 21, 2015 The IRS has issued an explanation of how companies can determine if they are an ”applicable large employer” or ALE, and how that affects their obligations under the Affordable Care Read More