Content updated on November 16, 2016. With the 2015 reporting period behind us for the brand new required IRS reporting around the Affordable Care Act, we can now reflect on some of the issues that we overcame to become more prepared for 2016. So what were some of the lessons we learned? The amount of [...]
Updated 10/23/2023 For many US employers, reporting year 2015 was an introduction to the realities of complying with the new ACA employer mandate. Initially meant to be implemented in 2014, this employer mandate was partially enforced in 2015 but is now fully implemented and enforced. This makes reporting even more crucial to a company’s [...]
Maintaining compliance with the Affordable Care Act (ACA) can be challenging, to say the least. Not only is the process of collecting and reporting key information difficult, the mistakes can be costly. Most basic accounting software can’t support the type or volume of data needed to maintain compliance and you certainly can’t trust spreadsheets either. [...]
Is your business ready to prepare reports or, if needed, navigate an IRS audit as part of the Affordable Care Act (ACA)? A study of human resources and finance executives suggests that small and medium sized businesses might not be as prepared as they should be when it comes to ACA compliance. Improved collaboration and [...]
Thank you to all our Partners and long time friends who came out to celebrate our twenty years of business during reIMAGINE 2016's pub crawl. Special thanks to The Boiler Room of Fargo, ND and live performer, The Paul Peterson Project. We couldn't be where we are today without our relationships with you.
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 [...]
The Affordable Care Act (ACA) continues to influence businesses everywhere and changes in the insurance sector are making even more waves. Mergers between health insurance carriers and political pressures to repeal or change various ACA provisions have many on alert. Regardless of where the law is heading, businesses still need to capture and monitor data in order [...]
Some businesses view the Affordable Care Act (ACA) as a costly, complicated regulatory burden; however, it doesn’t have to be that way. Managing and learning the data needed to comply with this important regulation can be simple and efficient, instead of a time-consuming distraction. It all depends on the technology you have in place. Compliance with [...]
Cloud capabilities are providing value to many businesses in many sectors. However, just plugging into the cloud or using any human resources management system (HRMS) isn’t the answer. Modern business management technology isn’t one-size-fits-all and you could be wasting valuable time and money without strategizing which solutions are aligned with your exact business needs. As [...]
Most of us are familiar with the old adage “time is money:” time wasted means money wasted, costing your business in lost productivity and profitability. Unfortunately, the many legal and regulatory issues that companies are responsible for in today’s world can result in a lot of time being lost, effecting the bottom line. One recent [...]