News-to-Use

Final Rule Scales Back ACA

The Centers for Medicare and Medicaid Services issued a final notice last week further diminishing the individual mandate and essential health benefits under the ...
READ MORE

ACA Compliance Continues

Now that employers have completed their 2017 Affordable Care Act reporting obligations, they should turn their attention to 2018 ACA compliance. Applicable Large ...
READ MORE

Form 1040 Individual Tax Return Health Care Disclosures

The Affordable Care Act requires almost all individuals to have minimum essential health coverage, qualify for an exemption, or pay a tax penalty. Individuals must ...
READ MORE

IRS Form 1094 Electronic Transmission Due

Applicable Large Employers (employers with 50 or more full-time equivalent employees) should have completed their employee shared responsibility form distribution ...
READ MORE

IRS ESRP Assessments

The IRS is just now reviewing Affordable Care Act reporting submissions for the 2015 tax year. Some employers have been receiving Letter 226J from the IRS. This letter ...
READ MORE

Federal Poverty Level for Affordability

An Applicable Large Employer must offer its full-time employees minimum essential coverage that is affordable and provides minimum value. Health coverage is considered ...
READ MORE

IRS Issues Best Practice Guidance on ACA for Tax Return Preparers

Anticipating individuals filing their tax returns by April 15, the IRS has released best practices for tax return preparers in gathering ACA compliance information.
READ MORE

2018 Form 1095 Distribution Deadline- Tomorrow!

Employers must make sure they have furnished to employees and covered individuals any required Affordable Care Act (health care reform) 1095 reporting forms.
READ MORE

Form 1094 Paper Filing Deadline Next Week

While employers are in the process of preparing and distributing their 1095 Forms to meet the extended deadline of March 1, 2018, they should remember that the IRS did ...
READ MORE

Cadillac Tax Delayed Again

The most recent congressional agreement to extend government funding included a provision delaying the so-called Cadillac Tax for two additional years. The Cadillac Tax, ...
READ MORE