Updated January 11, 2023 Most of you now have the ACA filing season under your belt. As we are transitioning into the next ACA filing season - it's time to focus on what's new. Is the ACA employer mandate still in place aka do US employers still need to comply? And are there any [...]
Health Insurance Mandates by State Just when you thought ACA reporting for employers couldn’t get more complex… some states are now requiring ACA-like employer reporting at the state level as well. What's the Situation? With the individual mandate effectively being moot on the federal level as of 2019, some states [...]
President Trump signed important legislation in December 2019 that will impact many employers. H.R. 1865, or the “Further Consolidated Appropriations Act of 2020”, brings changes to the Affordable Care Act (ACA). While the ACA hasn’t been repealed altogether, the president has repealed three key taxes imposed by the ACA. These, and several other notable changes [...]
Affordable Care Act (ACA) reporting season is here! The time to tackle this daunting task is upon US employers with more than 50 full-time employees…Understandably, after the holiday season, this is the last thing employers want to think about. That’s why more and more employers are outsourcing this task to a qualified ACA Reporting [...]
The 2019 ACA compliance reporting season is in full swing and staying up-to-date with changes is critical to the success of employers. The following is a summary of changes that are pertinent to the 2019 tax year. The primary take-away from this information – employers are still required to comply with the ACA and not [...]
Most Applicable Large Employers (ALEs) are aware by now that the IRS is actively issuing penalty assessment letters, letter 226-J, to employers for non-compliance with the Affordable Care Act in previous filing years. The 226-J letter is an initial notification to an ALE explaining that they may be liable for an Employer Shared Responsibility Payment [...]
Employers have been tasked with complying with the Affordable Care Act (ACA), but many have bought into the notion that it won’t be enforced or it will be repealed before any enforcement actions begin. IRS Letter 5699 gives the employer choices on how to respond regarding their filing situation. The letter asks the employer if [...]
When the reporting requirements of the Affordable Care Act were first introduced to the business world, it became immediately clear to us at Integrity Data that businesses needed help with this ACA reporting and compliance. After making ACA compliance software available from the get-go, we launched an outsourcing ACA reporting service for employers last year: [...]
As most know by now, the Affordable Care Act individual mandate was repealed as of January 1, 2019. Although the ACA individual mandate is gone; many states have begun to implement their own ACA state individual mandates, which require residents to purchase and maintain qualifying health coverage or face a state tax penalty. Overall, [...]
Health Insurance Requirements for Part-Time Employees If you’re a business with part-time employees, you might wonder what options you have for them in terms of health insurance coverage. Many employers don’t offer part-time health insurance, but what if you want to? Or you’re curious what rules are in the Affordable Care Act for part-time [...]