Is the Affordable Care Act confusing you?

Here are some clear educational resources to help you understand if and how this applies to your business

If you are an employer large enough to have to comply with the Affordable Care Act, there are two parts of the law that you must pay attention to: the coverage mandate and the related IRS reporting obligation. If you do not meet these obligations, you face steep penalties.

Knowledge is power so we’re on mission to get you up to speed!

How do I comply with the ACA?

Relevant Resources

For ACA reporting at year-end, what exactly do we need to do?

Check out our flowchart

Blogs

Download our handy ACA to-do checklist for 2017

Get your free checklist

Why comply? What are the penalties?

Relevant Resources

Blogs

2017 Update on Penalties

  • The IRS was recently audited by the Treasury Inspector regarding the ACA Compliance Verification system that was put in place. Recommendations were adopted and the IRS appears to be moving forward.    

  • The 1095-C reporting needs to be done regardless – similar to the W-2 reporting. Fines are up to $520 per form.

Additional Resources

 

Latest blog posts about ACA reporting must-knows

2017 Draft Instructions for Forms 1094-C & 1095-C Released

September 19th, 2017|0 Comments

On September 7th, 2017, the IRS released a draft of the instructions for completing forms 1094-C and 1095-C used by employers to comply with the Affordable Care Act (ACA) reporting requirements to employees and the [...]

The ACA Employer Mandate – a refresher PART 2

September 10th, 2017|0 Comments

All the recent activity around ACA repeal/ replace has created a lot of confusion for employers. The net outcome of this has been…nothing. The ACA - including the employer mandate – stands, at least for [...]

IRS Requirements for ACA Compliance

IRS Resources