News-to-Use

ARPA and Increased Dependent Day Care FSA Limit

The American Rescue Plan Act of 2021 (“ARPA”) temporarily increases the maximum amount that may be excluded from taxable income under a dependent day care flexible ...
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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 ...
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IRS And Identity Thieves

The IRS’ Security Summit, which is a partnership among the Internal Revenue Service, state tax agencies and the private-sector tax industry, works to combat identity ...
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COBRA Premium Subsidy in American Rescue Plan Act

The American Rescue Plan Act of 2021 (“ARPA”) provides a COBRA premium subsidy for certain individuals.
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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 ...
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Question of the Week

Q.- An employee just gave notice that he is going to quit. Do we have to send a COBRA notice since we did not fire him?
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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. ...
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Question of the Week

Q.- We have an insured health plan. Will our COBRA continuants get a Form 1095 from the insurance company to show they had coverage?
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COBRA Extension Period End

Changes are imminent in the COBRA world. While the COVID-19 pandemic is not over, the government-provided extension for COBRA enrollment and payments is about to end.
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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 ...
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