Update on November 11, 2020: Starting Tuesday, the United States Supreme Court began heard arguments on the latest challenge to the Affordable Care Act (ACA) law, one based on Congress'...
The IRS has published draft Forms 1094 and 1095 for 2020. Unlike the last few years, this year, the IRS has made several changes to its forms to accommodate for...
While state individual mandate reporting is not new this year, it just became more important to pay attention to. When a major event happens that poses a threat, like the COVID-19...
The Internal Revenue Service (IRS) recently issued Revenue Procedure 2020-36 increasing the affordability percentage index from 9.78% in 2020 to 9.83% for the 2021 plan year. Coverage will be considered affordable...
Complying with the federal Affordable Care Act reporting requirements is tricky enough, employers now have to track and comply with states that have begun instituting their own individual reporting requirements....
Last summer, California joined the growing list of states enacting their own individual mandates. The mandate that was signed into law took effect Jan. 1, 2020. On March 23, 2020, the California...
This year, more than ever before, we could all use a little insight into our workforce and what the future holds. This is true for a firm’s human resources department as...