AFFORDABLE CARE ACT (ACA) COMPLIANCE

ACA News: Noncompliant ALEs to Begin Receiving IRS Letters

Ooh... who you gonna call (Ghostbusters) Who you gonna call (Ghostbusters) Ah, I think you better call (Ghostbusters) -Ray Parker, Jr., “Ghostbusters” If There's Something Strange in Your Neighborhood (Such as Your Mailbox), and It Doesn’t Look Good… The IRS is taking steps to enforce the Affordable Care Act’s (ACA’s) employer shared responsibility provision by [...]

December 26th, 2017|AFFORDABLE CARE ACT (ACA) COMPLIANCE, BUSINESS TAX, FEBRUARY 2018|

CRI Webinar: Forms 1094 & 1095 Affordable Care Act ACA Tea Party

The ACA requires employers to rethink many aspects of providing health insurance coverage to their employees. First, employers must determine if they are subject to the ACA rules and employer penalties may result from failure to offer affordable coverage or failure to properly report coverage. If you are looking for more details on [...]

July 27th, 2017|AFFORDABLE CARE ACT (ACA) COMPLIANCE, WEBINAR|

5 Steps to Follow After Receiving an IRS Penalty Notice for ACA Reporting Compliance

Applicable large employers (ALEs) – usually those that employ at least 50 full-time employees (including full-time equivalents) in a given year – may receive an IRS penalty notice if they either did not provide healthcare coverage or offered unaffordable coverage options in a prior year. The good news for ALEs is that there [...]

March 3rd, 2017|AFFORDABLE CARE ACT (ACA) COMPLIANCE, VIDEO|

Looking Into the Crystal Ball: What Will the IRS Do with Its ACA Data?

With the passage of the Affordable Care Act (ACA), the amount of health insurance information being reported to the IRS has increased exponentially over the last couple of years. Whether it’s the cost of health insurance being reported on an employee’s W-2 or the existence of coverage on the new Form 1095, the IRS is [...]

October 20th, 2016|AFFORDABLE CARE ACT (ACA) COMPLIANCE, NOVEMBER 2016|

Affordable Care Act: Employee Notice Program

Watch as Martin Copeland outlines the Affordable Care Act's (ACA) Employee Notice Program and explains how this program impacts healthcare coverage in the workplace.

August 19th, 2016|AFFORDABLE CARE ACT (ACA) COMPLIANCE, VIDEO|

Can Summer Livin’ Put the Heat on Your ACA Employer Responsibilities?

Summertime, And the livin' is easy Fish are jumpin' And the cotton is high  - George Gershwin, “Summertime” Seasonal Employment Gives Rise to New ACA Questions Summer in the South is typically about pool and beach time or enjoying parks and picnics. With all of that summer sun and fun comes an increased need for [...]

June 21st, 2016|AFFORDABLE CARE ACT (ACA) COMPLIANCE, JULY 2016|

Navigating the Rabbit Holes of an ACA Subsidy

As spring approaches and gardening season begins, questions regarding  Affordable Care Act (ACA) subsidies are also budding. The top questions seem to be one of these two: Will I receive a health insurance subsidy tax refund, or Will I have to pay back my ACA subsidy? The answers to these questions may surprise many who [...]

March 7th, 2016|AFFORDABLE CARE ACT (ACA) COMPLIANCE, APRIL 2016|

Forms 1094 and 1095: The Topsy Turvy World of ACA Reporting in 2016

Do you feel like you've tripped down the Affordable Care Act (ACA) rabbit hole? The ACA requires employers to rethink many aspects of providing health insurance coverage to their employees. 2016 is no exception with new reporting requirements regarding health insurance coverage provided to employees due to the ACA. Through the Looking Glass: ALEs Beginning [...]

September 25th, 2015|AFFORDABLE CARE ACT (ACA) COMPLIANCE|

Supreme Court Opens Door for Potential Additional ACA Applicable Large Employer Penalties

The U.S. Supreme Court’s ruling in King v. Burwell essentially upheld the Affordable Care Act (ACA) again by upholding premium tax credits for qualifying taxpayers—regardless of whether coverage is purchased through a federal or state exchange. At issue in King v. Burwell was whether taxpayers purchasing coverage through a federal exchange can qualify for premium tax credits under the ACA, [...]

July 24th, 2015|AFFORDABLE CARE ACT (ACA) COMPLIANCE|

Avoiding Potential Burn from the ACA Excise Tax

During the summer months, people often ask sunblock questions such as: Do I really need to apply sunblock if it’s cloudy? If so, then which SPF should I use: 30, 50, or 75? How often should I reapply? So while most people do not want to get sunburned, they may be uncertain as to the [...]

June 24th, 2015|AFFORDABLE CARE ACT (ACA) COMPLIANCE|