Q.- Last year we were part of a very large company, but spun off on our own this year. We now have only 15 employees. Do we have to offer COBRA?
Earlier this month, an enhanced “ban the box” ordinance became law in the city of Philadelphia, Pennsylvania. Formally known as the “Fair Criminal Record Screening Standards” ordinance, this law prohibits discrimination based on a job applicant’s criminal history. The law applies to all Philadelphia private employers, regardless of size, and to all city agencies. The law resembles a similar law enacted in New York City.
All employers should be finalizing their health care reform reporting compliance strategy. Form 1095, if required, must be distributed by March 31, 2016.
Under health care reform, large employers must offer health coverage to full time employees and their dependents. Employers that do not offer proper coverage might be subject to a penalty.
In September 2015, President Obama signed an executive order requiring certain businesses who contract with the federal government to provide their employees up to seven days of paid sick leave each year. Last month, the Department of Labor issued proposed regulations implementing the paid sick leave requirement.
Q.- We are a large employer, so we are sending our full-time employees Form 1095-C. What will Lines 14, 15 and 16 look like if one of these employees waives coverage?
For the first time, the United States Equal Employment Opportunity Commission (EEOC) is suing private employers on behalf of employees alleging discrimination based on their sexual orientation. Last year, the EEOC issued a rule preventing discrimination based on sexual orientation or gender identity. See our article here.
Now that the first major form deadline for ACA is approaching, employers may want to remind themselves about their obligations under the shared responsibility provisions of the Affordable Care Act. The IRS has a website that addresses 56 questions about the Employer Shared Responsibility Provisions under ACA. The website can be accessed here.
Q. What should we do if an employee can’t provide documentation for an expense he purchased with his flexible spending account debit card?
Last year, a class action lawsuit was filed against Dave & Busters (D&B) alleging that D&B reduced the hours of its full-time employees to avoid offering them health coverage. The Affordable Care Act requires employers with 50 or more full-time employees to offer affordable health coverage to full-time employees or pay a tax penalty.
Applicable Large Employers should be finalizing their 1095-C Forms which must be distributed by March 31 to full-time employees and to employees covered under a self-funded health plan. The most complicated part of Form 1095-C is determining the value that must be assigned to Lines 14 and 16.