Another calendar year is nearing its end, and that means the 2020 ACA reporting season is upon us. For HR teams responsible for ACA compliance and management, now is the...
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....
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...
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...
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...
Life in HR can be challenging and that's putting it lightly. Managing the on-and off-boarding of employees, supporting perks and wellness initiatives and ensuring compensation equity can all be taxing....
If you haven't seen our previous content on the subject, you can read more about the ACA in our How to explain penalties to your C-suite blog, our 2020 ACA Parameters...
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...
While HR teams are busy with 2019 reporting season, it’s important to keep 2020 ACA requirements in mind. With the IRS actively assessing potential penalties, keeping a close eye on...