form 1095-c

12 12, 2017

ACA employer compliance enforcement: I received letter 226J from the IRS. How do I respond?

2017-12-12T11:07:20+00:00 December 12th, 2017|ACA Tracking, Reporting Compliance|0 Comments

The IRS has begun notifying employers of ESRPs (Employer-Shared Responsibility Payments), otherwise known as ACA penalties. The first letters, letter 226J, address penalties associated with the 2015 filing year for forms provided to the IRS in 2016. It is important to provide a timely response to this IRS letter. Here are some tips to ensure [...]

24 03, 2017

Are Employer Reporting Requirements Going Away With Repeal & Replace?

2017-03-24T12:54:57+00:00 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 [...]

15 11, 2016

Employers will NOT get a free pass on 2016 ACA Reporting

2017-02-15T14:49:17+00:00 November 15th, 2016|ACA Tracking, Reporting Compliance|0 Comments

Content updated on November 16th. What a week! The election of Donald Trump as our next president has already raised some questions around what happens to the Affordable Care Act, specifically the Employer Mandate. Many have started speculating on what may happen. Suffice to say that the possibilities are endless [...]

2 08, 2016

Gain Control and Insight over ACA Compliance and Reporting

2017-01-08T13:22:28+00:00 August 2nd, 2016|ACA Tracking, Reporting Compliance|0 Comments

Many employers are just getting into a rhythm with navigating Affordable Care Act (ACA) compliance and reporting obligations. There is a lot of information to capture each month and decisions regarding health insurance coverage need to be made. Since penalties for noncompliance can be expensive, this is not a task that can be safely managed [...]