More States Move Forward with Reinsurance Programs

More States Move Forward with Reinsurance Programs

August 13, 2018 3 minute read:  The Trump administration has made repealing and replacing the Affordable Care Act a top priority. What’s interesting, however, is that as the White House continues to undermine Read More
That IRS Letter 226J Could Propose Millions of Dollars in ACA Penalties

That IRS Letter 226J Could Propose Millions of Dollars in ACA Penalties

August 8, 2018 2 minute read:  Why should your organization care about IRS Letter 226J? Well, it could propose millions of dollars in ACA penalties against your organization. The Letter 226J notices are Read More
IRS to Continue Issuing ACA Penalties

IRS to Continue Issuing ACA Penalties

August 6, 2018 Originally published on July 26, 2018, in Accounting Today. 3 minute read: The Internal Revenue Service now has the data to begin the analysis to calculate the potential penalties for Read More
The IRS Storm of Letter 226J ACA Penalty Notices Continues

The IRS Storm of Letter 226J ACA Penalty Notices Continues

July 30, 2018 2 minute read:  Another wave of Letter 226J penalty notices have been issued by the IRS, and all indications that this storm of tax notices will continue for the foreseeable Read More
ACA Funding Freeze Won’t Impact the ACA’s Employer Mandate

ACA Funding Freeze Won’t Impact the ACA’s Employer Mandate

July 25, 2018 2 minute read: The Trump administration has said it would temporarily freeze funding for the “risk adjustment” program under the Affordable Care Act (ACA) because of conflicting court rulings, but 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
More Americans Paying for ACA Health Plans

More Americans Paying for ACA Health Plans

July 11, 2018 2 minute read: It’s no secret that replacing the law is a top priority for President Trump and a majority of Republicans in Congress. Recent data from the Centers for Read More
IRS Enforcement of ACA Penalties Is No Surprise

IRS Enforcement of ACA Penalties Is No Surprise

July 9, 2018 4 minute read: The Affordable Care Act (ACA) was first enacted in 2010 under the Obama administration. A component of the ACA, the Employer Shared Responsibility Provision (ESRP), also referred Read More
Despite Presidential Rhetoric, ACA Employer Mandate Still Here

Despite Presidential Rhetoric, ACA Employer Mandate Still Here

July 5, 2018 2 minute read: The Trump Administration has been vocal about what it believes are its successful efforts to repeal and replace the Affordable Care Act (ACA). At a recent campaign Read More
Medicaid Expansion Supports ACA Popularity

Medicaid Expansion Supports ACA Popularity

June 27, 2018 2 minute read: It’s not a mystery that the Affordable Care Act (ACA) is complex. Since its passage in 2010, the landscape of the healthcare industry and marketplace has changed Read More
Latest TIGTA Report: ACA Penalties to Continue

Latest TIGTA Report: ACA Penalties to Continue

June 20, 2018 4 minute read: The report from the Treasury Inspector General for Tax Administration always has some interesting information. The recently issued report on the Affordable Care Act (ACA) from March 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
Feds Confirm Their Own ACA Emergency Care Cost Guidelines

Feds Confirm Their Own ACA Emergency Care Cost Guidelines

June 13, 2018 4 minute read: It comes as no surprise that many organizations have had difficulty keeping up with the Affordable Care Act (ACA). Whether complying with the regulations under the employer Read More
ACA Backlash: Two States Create Their Own Individual Mandates

ACA Backlash: Two States Create Their Own Individual Mandates

June 4, 2018 3 minute read: The Trump Administration effectively repealed the Affordable Care Act’s individual mandate when it made the penalties for an individual not obtaining healthcare $0 beginning 2019. What seemed Read More
How to Handle ACA Filing Corrections with the IRS

How to Handle ACA Filing Corrections with the IRS

May 30, 2018 3 minute read: If you found yourself in a situation where you received receipt of your ACA information returns for 2017 with a status of “Accepted with Errors,” you’re not 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
IRS Confirms Continued Enforcement of ACA Employer Mandate [UPDATE]

IRS Confirms Continued Enforcement of ACA Employer Mandate [UPDATE]

May 14, 2018 3 minute read: The evidence continues to mount that the employer mandate in the Affordable Care Act is not going away soon, if ever. And the process of the IRS 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
ACA and Healthcare Grow in Popularity as Midterms Draw Near

ACA and Healthcare Grow in Popularity as Midterms Draw Near

April 30, 2018 2 minute read: Studies show that voters have prioritized healthcare as a top issue to be addressed in the upcoming 2018 midterm elections in November. For the first time in Read More
ACA Employer Mandate Poses IRS and U.S. GAAP Complications

ACA Employer Mandate Poses IRS and U.S. GAAP Complications

April 23, 2018 4 minute read: Originally published on April 18,2018, in Accounting Today. In most organizations, the task of ensuring compliance with the Affordable Care Act lies with the Human Resources team. 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
IRS Safe Harbors for Affordability Help Avoid ACA Penalties

IRS Safe Harbors for Affordability Help Avoid ACA Penalties

April 16, 2018 4 minute read: How exactly do employers prove to the IRS that the healthcare plans they are offering to their workforce are affordable under the Affordable Care Act (ACA)? It’s Read More
Advisers, Beware These Two Letters from the IRS

Advisers, Beware These Two Letters from the IRS

April 9, 2018 4 minute read: Originally published on April 4, 2018 in Employee Benefit Adviser. Advisers beware: Affordable Care Act penalties are being assessed by the IRS and the enforcement process is Read More
1094-C/1095-C Audit Can Prevent IRS ACA Penalties

1094-C/1095-C Audit Can Prevent IRS ACA Penalties

April 4, 2018 3 minute read: If your organization has met the deadline to file and furnish schedules 1094-C and 1095-C to the IRS for Affordable Care Act reporting for the 2017 tax Read More
File ACA 1094-C/1095-C Information with IRS On Time to Avoid Penalties

File ACA 1094-C/1095-C Information with IRS On Time to Avoid Penalties

March 28, 2018 2 minute read:   With the deadline for providing Affordable Care Act (ACA) information filings to the IRS fast approaching, don’t forget about the late filing penalties under IRS Section 6721. Read More
Organizations Ignoring the ACA are at Financial Risk

Organizations Ignoring the ACA are at Financial Risk

March 26, 2018 5 minute read:  It’s hard to believe, but many organizations continue to be in denial about their need to comply with the Affordable Care Act (ACA). Time and time again 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
More Signs Pointing to Continued IRS Enforcement of the ACA [UPDATE]

More Signs Pointing to Continued IRS Enforcement of the ACA [UPDATE]

March 12, 2018 As we look forward to the start of spring, all signs are pointing to the IRS continuing its efforts to enforce the Affordable Care Act (ACA). A new wave of Read More
It’s Crunch Time! IRS Deadlines for ACA Informational Filings Start Today

It’s Crunch Time! IRS Deadlines for ACA Informational Filings Start Today

February 28, 2018 It can sneak up on employers quickly. Today is the IRS deadline for employers to provide paper filings of forms 1094-C and 1095-C as part of the required ACA information Read More
ACA Employer Mandate Poses IRS and US GAAP Complications

ACA Employer Mandate Poses IRS and US GAAP Complications

February 26, 2018 You would think it would go without saying, but let’s say it. The Affordable Care Act (ACA) and its employer mandate have tax and financial implications. And that means it’s 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
2018 Affordable Care Act Enrollment Shows Marketplace Stabilizing

2018 Affordable Care Act Enrollment Shows Marketplace Stabilizing

February 19, 2018 The Centers for Medicare and Medicaid Services (CMS) plan to release a more detailed 2018 enrollment report in March for the recent open enrollment under the Affordable Care Act, including Read More
Expect IRS to Enforce the ACA’S Individual and Employer Mandates [UPDATE]

Expect IRS to Enforce the ACA’S Individual and Employer Mandates [UPDATE]

February 7, 2018 The approval of tax reform legislation by Congress may ultimately have an impact on the Affordable Care Act (ACA) in 2019. That’s when the legislation essentially repeals the individual mandate 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
Online ACA Resource Center Offers Free Information to Aid 2017 IRS Filings

Online ACA Resource Center Offers Free Information to Aid 2017 IRS Filings

January 29, 2018 Through The ACA Times, we regularly provide information that we hope has helped make it easier for organizations to deal with the complexities of the Affordable Care Act (ACA). We Read More
Two Errors That Are Triggering ACA Employer Shared Responsibility Payments from the IRS

Two Errors That Are Triggering ACA Employer Shared Responsibility Payments from the IRS

January 24, 2018 Some trends are emerging on what is triggering the IRS to issue Letter 226J notices to organizations. Since November, the IRS has been sending notices to organizations that failed to Read More
Despite Tax Reform, Expect IRS to Enforce the ACA’s Individual and Employer Mandates

Despite Tax Reform, Expect IRS to Enforce the ACA’s Individual and Employer Mandates

January 3, 2018 The approval of tax reform legislation by Congress may ultimately have an impact on the Affordable Care Act (ACA) in 2019. That’s when the legislation essentially repeals the individual mandate 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
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