Federal Special Enrollment Period on the Horizon

Federal Special Enrollment Period on the Horizon

March 25, 2020 2 minute read: The Trump Administration is doing the unexpected and considering a special ACA enrollment period in light of the COVID-19 Pandemic. The special enrollment period will provide uninsured Read More
The IRS’s 1095 Forms For ACA Explained (Update)

The IRS’s 1095 Forms For ACA Explained (Update)

February 26, 2020 3 minute read: A number of changes were introduced to the health insurance marketplace with the passage of the Affordable Care Act in 2010. From different reporting forms and health Read More
The Codes on Form 1095-C Explained

The Codes on Form 1095-C Explained

February 24, 2020 3 minute read: Every year Applicable Large Employers (“ALEs”) must file Forms 1094-C and 1095-C with the IRS and furnish Forms 1095-C to employees considered full-time under the Affordable Care Read More
Distribute 1095-Cs by IRS Deadlines to Avoid ACA Penalties

Distribute 1095-Cs by IRS Deadlines to Avoid ACA Penalties

February 3, 2020 2 minute read: Every year, the IRS requires employers to furnish the 1095-C schedules to their full-time workforce, in addition to filing them with the tax agency. Failing to do Read More
The IRS Is Intensifying ACA Enforcement Efforts

The IRS Is Intensifying ACA Enforcement Efforts

August 12, 2019 3 minute read: Originally published on August 7, 2019, in Accounting Today. Accountants may see some of their business clients getting caught up this summer in IRS activities to enforce Read More
IRS Stepping Up Enforcement of ACA

IRS Stepping Up Enforcement of ACA

July 17, 2019 3 minute read: I frequently meet with insurance brokers, CPAs and business owners who are interested in the latest on the IRS’s efforts to enforce the Affordable Care Act. In 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
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
Deadline to Furnish ACA Form 1095-C is Today

Deadline to Furnish ACA Form 1095-C is Today

March 4, 2019 2 minute read: Will you make it? The deadline for employers to distribute 1095-C forms to their full-time workforce is today, March 4. This deadline applies to employers with 50 Read More