News-to-Use

Tax Credit for COVID-19 Vaccines

The IRS announced the expansion of tax credits under the American Rescue Plan Act (ARP) to cover paid time off for employees receiving COVID-19 vaccinations. Employers ...
READ MORE

Marketplace Enrollment Extended

The federal government has extended the Health Care Reform Marketplace special enrollment window. Individuals may enroll in Marketplace coverage or change their plans ...
READ MORE

ACA Information

IRS Publication 5187 “Affordable Care Act: What You and Your Family Need to Know,” explains the Affordable Care Act and what individuals should understand about how ACA ...
READ MORE

More Marketplace Subsidy Participants

The American Rescue Plan Act of 2021 increases the number of Americans who will be eligible to receive premium assistance to purchase health coverage through the ACA ...
READ MORE

ACA Filing Due Soon

Employers must remember their Affordable Care Act (ACA) obligations even during the COVID-19 pandemic. Form 1094-B/C must be transmitted to the IRS by March 31, 2021. ...
READ MORE

Department of Justice Position on ACA

The Affordable Care Act continues forward as the U.S. Department of Justice notified the U.S. Supreme Court that it removed a challenge to the Act. In a letter to the ...
READ MORE

ACA Marketplace in the American Rescue Plan Act

The American Rescue Plan Act of 2021 (ARPA) changes the Affordable Care Act to make Marketplace Coverage more affordable. Individuals who earn up to 150% of the federal ...
READ MORE

Electronic ACA Form Distribution

Applicable large employers must distribute Form 1095-C to their full-time employees. Forms for the 2020 tax year were due by March 2, 2021, and had to be sent by U.S. ...
READ MORE

Form 1095 Distribution Deadline

Employers must make sure they meet the Affordable Care Act Form 1095-C reporting deadline for the 2020 tax year. The IRS extended the deadline to furnish ACA forms to ...
READ MORE

ACA and Filing IRS 1040 Tax Returns

The Tax Cuts and Jobs Act reduced the Affordable Care Act individual shared responsibility payment to $0.00 starting with the January 1, 2019 tax year. Form 1040 no ...
READ MORE