ACA penalties for employers

1 03, 2016

ACA eligibility-testing methods: Can you change the measurement tool you use? If so, when?

March 1st, 2016|ACA Tracking, Reporting Compliance, General Payroll and HR, Microsoft Dynamics, Microsoft Dynamics GP, Microsoft Dynamics SL, Payroll User Group, Payroll and HR Software|0 Comments

By Helen Karakoudas | ACA Education Director, Integrity Data March 1, 2016As of January 1, 2016, all businesses that must comply with the Affordable Care Act are in the assessment period for coverage penalties. That is, every ACA-affected employer – even those with 50 to 99 full-time employees (including equivalents), who had relief from such penalties for Tax [...]

24 02, 2016

Think you’re behind in ACA reporting? You’re not alone

February 24th, 2016|ACA Tracking, Reporting Compliance, General Payroll and HR, Microsoft Dynamics, Microsoft Dynamics GP, Microsoft Dynamics SL, Payroll User Group, Payroll and HR Software|0 Comments

By Helen Karakoudas | ACA Education Director, Integrity DataFebruary 24, 2016 We printed the ACA pay-or-play regulations the very day they were published: February 12, 2014. By that time, we already were students of the voluminous detail in the Affordable Care Act's employer mandate. Our software had been in beta testing for more than a [...]

29 01, 2016

Manage ACA compliance for Tax Year 2016: Know the IRS penalty risks

January 29th, 2016|ACA Tracking, Reporting Compliance, General Payroll and HR, Microsoft Dynamics, Microsoft Dynamics GP, Microsoft Dynamics SL, Payroll User Group, Payroll and HR Software|0 Comments

By Helen Karakoudas | ACA Education Director, Integrity Data January 29, 2016 We know that you often hear of employers’ pay-or-play penalties under the Affordable Care Act in terms of $2,000 a year per full-time employee (for offering no coverage) and $3,000 a year per full-time employee (for offering noncompliant coverage). As with all mentions [...]

3 09, 2015

Take cover from ACA sledgehammer and tack hammer penalties

September 3rd, 2015|ACA Tracking, Reporting Compliance|0 Comments

With the penalty-assessment phase of the Affordable Care Act’s employer mandate in place as of January 1 2015, companies in certain industries must be paying attention. Managing their penalty risk is crucial because consequences for not meeting the coverage mandate of the new health law will be real. And those IRS penalties are rising from [...]

16 07, 2015

ACA jolt: IRS nonfiling fine now $520 per required 1095-C

July 16th, 2015|ACA Tracking, Reporting Compliance, General Payroll and HR, Microsoft Dynamics GP, Payroll and HR Software|0 Comments

Embedded in the Trade Preferences Act of 2015 is a tiny provision that raises penalties for IRS filing errors, including those for Affordable Care Act (ACA) returns.   You’ve been generous all along in providing health insurance to every one of your employees. Sure, you’ve heard about the Affordable Care Act’s employer mandate. And you’ve [...]