For Affordable Care Act reporting, what an employer offers and how that plan is paid can significantly affect the information filed on IRS Form 1095-C. Yes, amid the anxiety among users of Microsoft Dynamics GP Payroll over which data points to line up for generation of the new yearly form for IRS reporting, there is …
Plan Offer Can Simplify ACA Reporting in Dynamics GP Read More »
Now that we're into the penalty-assessment phase of the Affordable Care Act's employer mandate, companies in industries most vulnerable to IRS penalties need to be especially alert. Consequences of noncompliance with the new health law will be real. And those penalties will rise from year to year. Following are the ACA changes in IRS penalties …
ACA Add-on Shields GP Users from IRS Sledgehammer, Tack Hammer Read More »
When we all look at January 1, 2015 as the start date of the IRS assessment period for employer noncompliance penalties with the Affordable Care Act, there’s more to the picture of that Thursday morning than beginning to account for your employees’ hours of service as of midnight the night before. That would be somewhat …
ACA To-Do before 1-1-15: Data Mining for Initial Eligibility Read More »
On August 28, 2014, the IRS issued preliminary instructions for Forms 1095-C and 1094-C, the two forms that, according to the employer mandate of the Affordable Care Act (ACA), many companies will need to begin filing annually – starting in January 2016 – to document the availability of health coverage to their employees. These instructions …
ACA ready in GP: Managing the latest IRS gotchas Read More »
With only 18 weeks left until data collection begins for the IRS reporting that’s mandated of many employers by the Affordable Care Act (ACA), it’s important to understand: How the IRS will let you adopt ways of calculating employee contributions to health care coverage – known in ACA lingo as “safe harbors” How you can …
ACA Tracking Tips in GP: Using Affordability Safe Harbors Read More »
Often overlooked, the Employment Type field in the Employee Maintenance window of Microsoft Dynamics GP (Great Plains) can ease tracking of your employee classification for the IRS reporting mandated by the Affordable Care Act. Yes, GP Payroll users, we must be focusing on such details now. Like it or not, the IRS penalty-assessment period …
ACA Tracking Tip in GP: Use ‘Employment Type’ Field Read More »
