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...
Updated March 2, 2020: On Monday, the Supreme Court agreed to hear a third challenge to the Affordable Care Act case. The court did not say when it would hear the...
On November 29, the U.S. Treasury released Notice 2019-63, extending the due date for employers and providers to issue health coverage forms to individuals for the 2019 tax year from...
It's reporting season again for applicable employers who are working to comply with Affordable Care Act requirements. Forms 1095 and Forms 1094 play an important role in avoiding IRS penalties....
Another calendar year is nearing its end, and that means the 2019 ACA reporting season is upon us. For HR teams responsible for ACA compliance and management, now is the...
The Internal Revenue Service (IRS) recently announced updated affordability percentages that are effective for taxable years and plan years beginning January 1, 2020. The IRS is decreasing the affordability percentage index...
Another calendar year is nearing its end, and that means the 2018 ACA information reporting season is upon us. For HR teams responsible for ACA compliance and management, now is...
A year ago the IRS began issuing Letter 226-J notifying employers — those that may not have complied with section 4980H(a) and (b) of the ACA employer mandate during the...
We’re going to go on a limb here and guess that you probably don’t spend a lot of your free time discussing IRS Forms 1094 and 1095. That's OK. Here’s what you...
The IRS released 2018 draft copies of Forms 1094-C and 1095-C on July 11 and those of us in the industry immediately began looking for changes. Similar to last year, there were few changes to...