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Posts Tagged ‘mandate’

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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Understanding the ACA Employer Mandate Part 2

There has been endless debate surrounding the Affordable Care Act (ACA) and the only certainty about its future is that it is uncertain. Repair, replace, rescind or reconcile, whatever your view of the ACA, at present it is still in force and must be complied with. This is Part 2 of a 2-part article. Part […]

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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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The Affordable Care Act – the repeal/replace saga continues

Just when we thought the Affordable Care Act (ACA) repeal/replace effort was off the table for this year, two executive decisions that impact the ACA are made. It is important to note, however, that neither impact the employer mandate so our advice remains the same: stay the course for 2017 employer reporting. Two executive decisions […]

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2016 – The year of full ACA enforcement. Are you ready?

So you’ve gotten your feet wet in the sea of Affordable Care Act mandates. You feel ready, willing and able to tackle ACA compliance for 2016. Before settling in and getting too comfortable, let’s review some changes that have been made to 2016 filing. 2016 is the year to make sure your company’s ACA Compliance […]

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With Information comes Power

Under the ACA mandate the full time status has changed from 40 hours a week to 30. At this point this change is well known. Through this mandate, employers are required to track employees and when an employee goes over 30 hours a week are required to offer coverage to that employee; again, this is […]

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Affordable Care Act Employer Mandate Enforcement is No Joke

For many US employers, reporting year 2015 was an introduction to the realities of complying with the new ACA employer mandate. Initially meant to be implemented in 2014, this employer mandate was partially enforced in 2015 but is set to be fully implemented and enforced in 2016. This makes 2016 reporting even more crucial to […]

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If I Close My Eyes, Will ACA Compliance Go Away?

As a business owner – or a compliance manager who reports to a business owner – you may be hoping that all must-dos for the Affordable Care Act (ACA) would just go away. With so much talk all along about repeals and because the recent federal budget deal did just repeal one (small) part of […]

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