ACA Compliance Solution

27 04, 2017

Affordable Care Act (ACA) Repeal and Replace Efforts – Where are we at? What are Employers to do?

April 27th, 2017|ACA Tracking, Reporting Compliance|0 Comments

Efforts to repeal and replace the Affordable Care Act (ACA) – also known as Obamacare - have created quite a few shake-ups and discussions these past few months, culminating in the first “real” replacement legislation, named the American Health Care Act (AHCA), being pulled after Republicans were unable to agree on the details. So, for [...]

27 03, 2017

ACA Replacement Law Withdrawn, ACA Remains Law of the Land

March 27th, 2017|ACA Tracking, Reporting Compliance|0 Comments

The past 3 months have been quite the roller coaster! Headlines have been dominated by the Trump administration’s push to repeal and replace the Affordable Care Act (ACA) or "Obamacare." Republicans were hoping for action quickly and to that end, introduced a new piece of legislation called the American Health Care Act (AHCA). However, the [...]

24 03, 2017

Are Employer Reporting Requirements Going Away With Repeal & Replace?

March 24th, 2017|ACA Tracking, Reporting Compliance|0 Comments

Many employers are hanging their hat on the employer reporting requirements (i.e. Form 1095-C) going away under the changes proposed by the Trump Administration. The current legislative proposal in the American Healthcare Act (AHCA) repeals the employer mandate to offer coverage. So under this proposal, the employer doesn't need to report information to the IRS [...]

7 03, 2017

Are Payroll and Benefits Programs Part of Your Digital Transformation?

March 7th, 2017|ACA Tracking, Reporting Compliance, General Payroll and HR, Microsoft Dynamics GP|0 Comments

Advancements in technology are changing the way we do business on so many levels. Many businesses are using more advanced management solutions to optimize operations throughout their organization. If you are among the many businesses in the midst of a digital transformation, don’t overlook payroll and benefits management.          Businesses of all sizes and in nearly [...]

1 03, 2017

What Does the ACA Executive Order Mean for Businesses Today?

March 1st, 2017|ACA Tracking, Reporting Compliance|0 Comments

The intent has been made clear that President Trump intends to repeal and replace the Affordable Care Act (ACA). The Executive Order signed in late January indicates that changes are coming, although it’s still unclear what those changes will mean for business in the future. What is clear is that ACA has not been repealed [...]

27 02, 2017

Does the good-faith effort reprieve from penalties apply to forms for 2016 filed in 2017?

February 27th, 2017|ACA Tracking, Reporting Compliance|0 Comments

As employers continue to work through the challenges of complying with the Affordable Care Act, professionals in the industry are reticent to accept anything less than perfection when dealing with IRS regulations. Why? To alleviate any concern about potential penalties due to non-compliance down the road. In Notice 2016-70 dated December 5, 2016, the IRS [...]

14 02, 2017

New Year and New Growth Leads to New Legislation

February 14th, 2017|ACA Tracking, Reporting Compliance|0 Comments

As we start this new year, many businesses are considering making changes to drive growth. While you might consider hiring new talent to keep up with these changes, be aware that when your headcount hits a certain number, there will likely be new legislation to consider. The Affordable Care Act (ACA), for example, triggers compliance [...]

7 02, 2017

HealthBack Strengthens ACA Compliance Efforts With Technology

February 7th, 2017|ACA Tracking, Reporting Compliance|0 Comments

Specialized staff at HealthBack provide personalized home health services to homebound patients in four states, operating out of 36 branch locations. Nearly 800 employees work across multiple branches and each may work part or full time, hourly or salary, temporary or on call—which creates complications for payroll and Affordable Care Act (ACA) reporting. While it [...]

24 01, 2017

Employer ACA Penalties Could Reach $31 Billion

January 24th, 2017|ACA Tracking, Reporting Compliance|0 Comments

Eligible employers may soon face expensive penalties for Affordable Care Act (ACA) noncompliance. Research indicates ACA penalties are going to hurt during the upcoming 2016 tax reporting period. Accenture researchers revealed penalties could be attributed to employers that are “unintentionally non-compliant,” meaning they offer health coverage, but fail to meet IRS reporting requirements. Don’t get [...]

12 01, 2017

Affordable Care Act Changes, Not A Repeal – Yet

January 12th, 2017|ACA Tracking, Reporting Compliance|0 Comments

Although there are plenty of headlines suggesting President-Elect Trump could repeal and replace the Affordable Care Act (ACA), it hasn’t happened yet. In the meantime, businesses must continue to comply with the existing legislation. However, the IRS has made a slight change in deadlines and extended the good faith penalty relief to the 2016 information [...]