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 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...
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...
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...
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...
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...
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...