22 Mar ACA penalties and what they mean for your company
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, this infographic. As the...
IRS forms Tag
14 Dec Avoid Common Errors This ACA Reporting Season
Posted at 16:36h
in Insights
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...
09 Dec What You Need to Know About Forms 1094 & 1095: A Simplified Guide
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....
29 Sep IRS Releases 2020 Form 1095 with Changes for ICHRA Plans
Posted at 08:22h
in Insights
The IRS has published 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 new...
11 Aug IRS Raises Affordability Percentage for 2021
Posted at 16:57h
in Insights
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...
20 Dec IRS Extends Deadline to Issue 1095 Forms to Individuals
Posted at 16:41h
in Insights
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...
20 Dec IRS Decreases Affordability Percentage for 2020
Posted at 15:44h
in Insights
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...
04 Dec Your guide to 2018 ACA reporting readiness
Posted at 18:05h
in Insights
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...
19 Nov What You Need to Know About Forms 1094 & 1095: A Simplified Guide
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...
04 Oct IRS Releases Final 2018 ACA Reporting Forms and Instructions
Posted at 16:26h
in Legislative Updates
On October 1, 2018, the IRS released the 2018 1095/1094 final forms and instructions for IRS reporting under the Affordable Care Act (ACA). As expected based on earlier released draft...
