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Posts Tagged ‘ACA Compliance’

How to avoid a love letter from the IRS: a 226-J Preventative Checklist

As many of you know, the IRS has started sending out Letter 226-J notices. Many employers are now trying to figure out what triggered the IRS to send the notice. Many of them are also trying to figure out if there was anything they could have done differently to avoid receipt of Letter 226-J. Here […]

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You’re Invited to our Affordable Care Act 201 Educational Webinar Series

Summer is the perfect time to get up to speed on what the ACA means for US employers! Whether you’re brand new to the rules of the Affordable Care Act or just in need of a refresher, join us for an information-packed Affordable Care Act 201 educational webinar series in July and August. We’ll fill you […]

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ACA Success Stories – You Could Be Next

Does Affordable Care Act (ACA) compliance give you a headache? If so, you’re in the company of millions of frustrated people. The ACA has created one of the most complex compliance challenges in history, and one of the most disliked tasks for U.S. business owners. But let’s take a moment away from the frustration, to […]

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Affordable Care Act Requirements Still Enforced, IRS ESRP Letters Continue

The Tax Cuts and Jobs Act signed into law by President Trump in December of 2017 eliminated the penalty associated with the “individual mandate” beginning in January of 2019. At about the same time, the IRS ramped up ACA enforcement of the “employer mandate”. The result was a mixed message in the ear of employers. […]

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Affordable Care Act: Do all US employers care?

After a turbulent first year with the new administration in charge, the ACA Employer Mandate still stands and therefore so do all the IRS reporting requirements around it. As the 2017 reporting year comes to a close and we’re already into the 2018 reporting year, here are some interesting observations we have made since we […]

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ACA Filing: The Big Difference Between Filing Late and Intentionally Disregarding ACA Reporting

While the current administration continues to push to dismantle the Affordable Care Act (ACA), they haven’t made much progress. The IRS hasn’t imposed any non-compliance penalties over the course of these last two years ACA has been in place either. So, that begs the question, should businesses even give ACA compliance a second thought? Besides […]

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Have you received an ACA “love letter” from the IRS?

As stated back in April of this year, the IRS will begin enforcement of the Affordable Care Act (ACA) any day now. They have now published a draft of the soon to be sent Employer Shared Responsibility Payment (aka “Penalty”) notification letter. While some employers have received “non-filing” letters from the IRS already, this letter […]

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Employers hoping for a filing extension for 1095-Cs likely to be disappointed

In a recent statement from the IRS, it is clear that they have stepped up enforcement of Affordable Care Act regulations. The recent statement reverses a prior practice of accepting individual tax returns which omitted information related to health insurance coverage on line 61 of tax Form 1040. For 2017 tax forms, this information will […]

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BAN and Integrity Data Partnership Delivers Superior ACA Reporting Experience

A new partnership between the Benefit Advisors Network (BAN) and Integrity Data, a leader in Affordable Care Act (ACA) compliance solutions, will support BAN member firms by delivering the insight and reporting mechanisms needed to manage changing regulatory obligations for employers under the ACA. The current healthcare environment is in the midst of disruption. Changes […]

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The ACA Employer Mandate – a refresher PART 2

All the recent activity around ACA repeal/ replace has created a lot of confusion for employers. The net outcome of this has been…nothing. The ACA - including the employer mandate – stands, at least for 2017. With 2017 tax reporting coming up, now is a good time to recap what the penalties are if employers […]

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