News-to-Use

Proof of Other Coverage

Employers who give full-time employees a monetary incentive to opt-out of employer-provided health coverage must make sure to collect evidence of insurance.
READ MORE

Question of the Week

Q.- We are a large employer with more than 50 employees. Do we have to mail Form 1095-C to our employees or may we send it to them by email?
READ MORE

IRS Changes Affordability Determination for Family Coverage

The IRS issued final regulations changing the affordability test for purposes of receiving a tax credit for purchasing health coverage through the Marketplace. ...
READ MORE

Mid-Year Cafeteria Plan Changes for ACA Enrollment

The IRS issued Notice 2022-41 expanding the permitted change-in-status rules for health coverage under a Code section 125 cafeteria plan.
READ MORE

2022 Forms 1095-B/C

The IRS released final 1094-B/C and 1095-B/C Forms for the 2022 reporting year. The Forms will be used for completing 2022 tax year health care reform reporting.
READ MORE

Health, Retirement, and Payroll Contribution Limits for 2023

The IRS and Social Security Administration released the health, retirement, and payroll contribution limits for 2023. Limits have increased from 2022 levels due to ...
READ MORE

New Hires and Measurement Periods

Employers using the look back measurement method for determining full-time status may have questions about how to treat newly hired employees in ACA calculations.
READ MORE

Publication 5164 Updated for 2022 Filings

The IRS released an updated Publication 5164 which is the Test Package for ACA filing for the 2022 processing year. This document provides scenarios that ACA ...
READ MORE

Controlled Group For ACA Requirements

Applicable Large Employers (ALEs) with more than 50 full-time employees on business days in the prior year must comply with the Affordable Care Act. This compliance ...
READ MORE

Consider Cost of Health Coverage

As employers prepare to launch open enrollment for the 2023 plan year, it is important to pay attention to the employees’ share of the premium for health coverage. The ...
READ MORE