Audit

21 04, 2017

ACA Penalties Are Coming

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 [...]

3 01, 2017

Put ACA Compliance Plans Under Microscope Before DOL Does It for You

January 3rd, 2017|ACA Tracking, Reporting Compliance|0 Comments

Many businesses are wondering just how compliance with the Affordable Care Act (ACA) may change after the recent election. While the exact changes have yet to be determined, businesses should not sit back and wait, but rather keep moving forward based on the ACA legislation that is in place today. It is also a good [...]

1 11, 2016

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

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 [...]