It’s a new year and employees are contemplating new resolutions. They may consider health-related or financial goals, both of which are connected to their paycheck. Key decisions are often based on the anticipation of raises, bonuses, changes in health or life insurance, tax status and other variables that can change, voluntarily or involuntarily, on a [...]
Are you an Applicable Large Employer that is required to comply with the Affordable Care Act? In addition to the benefits of getting your employee ACA reporting for the IRS (1095-Cs) done before the busy W-2 season begins, there is now another great reason to get started early on your year-end ACA activities: the US [...]
On November 29, 2018, the IRS released Notice 2018-94: US employers get lucky again! The due date for providing Forms 1095-C to employees is extended to March 4, 2019 The ACA employer mandate – which remains business as usual after the midterm elections – requires all US employers with 50 or more full-time employees to [...]
The Affordable Care Act was passed on March 23, 2010 and employer compliance requirements began in the 2015 tax year, yet many employers have yet to comply. Are you one of those employers with your head in the sand? Many employers have been, and continue to be in denial that the IRS will enforce [...]
Right out-of-the-box, Microsoft Dynamics GP Payroll offers powerful features and functionality. However, not all businesses have simple payroll processes. Over time, you may experience gaps in Dynamics GP Payroll—and we know how you can fix them. Simple Problems Can Have Simple Fixes When it comes to payroll, simple mistakes don’t often have simple fixes. Even [...]
Rising healthcare costs spell trouble for both employees and your business. Managing multiple healthcare providers, confusing bills, and growing medical debt puts great financial stress on employees. In turn, employees become distracted, less productive, and absenteeism rises. How do you help employees manage healthcare costs? Meet HooPayz. This simple, yet powerful, solution will reduce health [...]
Updated 12/4/2018 IRS has extended 1095-C deadline and Good Faith Effort relief. Read more here. Historically, the IRS has provided relief to US employers with regards to ACA compliance by: Allowing a “good-faith effort” as it relates to ACA Form 1095-C provided to employees and the IRS. Extending the filing deadline for providing forms to [...]
As the owner or manager of a business, it’s easy to duck and cover when it comes time to discuss payroll needs. You’ve given human resources and the payroll team the autonomy to manage payroll in any way they know how, but nothing comes easy. Changing legislation, complex payroll processes and incorrect leave balances upset [...]
The mandated IRS requirements are met through the Integrity Data ACA Solution for any ALE (Applicable Large Employer) that meets the 50 employee threshold. An ALE is, for a particular calendar year, any single employer, or group of employers treated as an Aggregated ALE Group, that employed an average of at least 50 full-time [...]
Keeping up with the many rules and regulations of the ACA can be challenging for any employer. It can get particularly challenging to understand COBRA rights and how to properly report a continuation of coverage on Form 1095-C. We will discuss a few of the more confusing COBRA scenarios and how they should be [...]