News-to-Use

Affordability Percentage Decrease Will Impact Employee Contributions

The IRS changed the ACA affordability percentage to 9.61% for 2022. The affordability percentage was 9.83% in 2021. This change means employers may have to reduce the ...
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Opt-Out Payments and ACA Affordability

With calendar-year plan open enrollment season approaching, employers should consider the affordability of health coverage and how opt-out payments may impact the lowest ...
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IRS Letter 227

Employers may have received one or more Letters 227 from the IRS. These letters are acknowledgement letters closing an employer shared responsibility payment (ESRP) ...
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Understanding IRS Letter 226-J

Some employers have received letters from the IRS suggesting that they owe an Employer Shared Responsibility Penalty for one or more employees. The IRS website provides ...
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ACA Special Enrollment Period Ending

As part of COVID-19 pandemic legislation, the government opened a special enrollment period for enrolling in health insurance through www.healthcare.gov. That special ...
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Federal Poverty Level Affordability Safe Harbor

An Applicable Large Employer must offer its full-time employees minimum essential coverage that is affordable and provides minimum value. Health coverage is considered ...
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Electronic Filing for More Employers

Proposed IRS regulations, if finalized, would require more employers to file their 1094 Forms electronically.
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A Break in the Service Rules for ACA

Simplify ACA Reporting with Our Affordable and Accurate Solution For pricing and more information, click here. Employers who terminate employees and later re-hire them ...
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PCORI Fee Due for Self Funded Plans

The Affordable Care Act established the Patient-Centered Outcomes Research Institute (PCORI) to improve the quality of health care and provide information to help ...
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Churches and ESRP Penalty Letters

The IRS issued a Chief Counsel Memorandum confirming that churches are not protected from receiving Employer Shared Responsibility (ESRP) penalty letters. Tax-exempt ...
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