Updated January 13, 2020: On Friday, the Department of Justice and a coalition of conservative states that have been challenging the Affordable Care Act (ACA) told the Supreme Court that...
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...
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...
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...
Effective in 2019, the federal penalty for individuals not carrying health insurance was reduced to $0. Now, add California to the list of states enacting their own individual mandate options....
Call this a case of “the more things change, the more they stay the same.” When the Affordable Care Act’s Individual Mandate provision was reduced to $0 on Jan. 1, 2019,...