ACA mandate

12 11, 2017

Have you received an ACA “love letter” from the IRS?

2017-11-21T14:39:57+00:00 November 12th, 2017|ACA Tracking, Reporting Compliance|0 Comments

Content updated on November 11, 2017 *We recommend opening the linked forms in Internet Explorer for proper viewing. As stated back in April of this year, the IRS will begin enforcement of the Affordable Care Act (ACA) any day now. They have now published a draft of the soon to be sent Employer Shared Responsibility [...]

5 11, 2017

Understanding the ACA Employer Mandate Part 1 (8/10)

2017-11-05T13:26:41+00:00 November 5th, 2017|ACA Tracking, Reporting Compliance|0 Comments

(Integrity Data 8 of 10) Repeal ACA, replace ACA, repair ACA or just leave it alone? While the lawmakers debate, employers are left with a lot of confusion. As of right now, the ACA, including the employer mandate, remains in place and all the compliance rules still apply. Nearing year-end and your 2017 tax reporting, [...]

18 10, 2017

The Affordable Care Act – the repeal/replace saga continues

2017-10-19T09:00:00+00:00 October 18th, 2017|ACA Tracking, Reporting Compliance|0 Comments

Just when we thought the Affordable Care Act (ACA) repeal/replace effort was off the table for this year, two executive decisions that impact the ACA are made. It is important to note, however, that neither impact the employer mandate so our advice remains the same: stay the course for 2017 employer reporting. Two executive decisions [...]

21 04, 2017

ACA Penalties Are Coming

2017-04-21T20:47:08+00:00 April 21st, 2017|ACA Tracking, Reporting Compliance|0 Comments

The political climate what it is, many employers have been holding out hope for penalty relief for not offering coverage, not offering affordable coverage and for not filing the necessary ACA forms with the IRS. The most recent legislation that was pulled for consideration in the House of Representatives would have provided relief to employers [...]

1 11, 2016

Avoiding IRS audits around ACA Compliance: the importance of keeping your employee data current

2017-01-08T13:22:24+00:00 November 1st, 2016|ACA Tracking, Reporting Compliance|0 Comments

When it comes to providing proof of health insurance coverage for Affordable Care Act compliance reporting, having the correct employee records is crucial. Generally speaking, there is no need to retain payroll records that are over seven years old and 1094-C and 1095-C records over three years old. With this information in mind, how does [...]

22 09, 2016

Not Just Another Company on the ACA Bandwagon

2017-01-08T13:22:25+00:00 September 22nd, 2016|ACA Tracking, Reporting Compliance|0 Comments

The Affordable Care Act was signed into law on March 23, 2010 by President Obama. At the time of signing, many businesses were unaware of the implications it would have on their business. Many software companies jumped on the ACA bandwagon, thinking they would make a quick buck offering some kind of solution for businesses [...]