ACA Times

JANUARY 24, 2020

4 minute read: If you are not yet filing Affordable Care Act information electronically with the IRS, you may want to reconsider. The IRS requires ALEs with more than 250 returns to file their ACA information electronically. You can read more about the AIRs submission process and filing electronically here.

Immedis 100

Immedis Data Report Compliance 100

Tango Health

DECEMBER 14, 2021

IRS Grants 2021 Extension and Proposes Permanent 1095-C Print Extension The IRS is granting an extension for the 2021 tax year and proposing to make this extension permanent for future tax years. The proposed regulations would permanently extend the deadline for furnishing a given year’s Forms 1095-B and 1095-C to individuals.

Guidelines 52

Guidelines Report Compliance Training 52

ACA Times

AUGUST 19, 2019

4 minute read: The IRS has started to issue ACA penalties to employers who have filed their annual ACA information past IRS deadlines, another sign that the IRS is further intensifying enforcement efforts. The IRS is currently issuing Letter 226J for the 2017 tax year. (If First, a quick review.

Compliance 100

Compliance Meeting ATS Report 100

Extensis

FEBRUARY 29, 2024

Quick look: Each new year brings new compliance changes. Whether it involves reform regarding implementation, filing, or reporting duties, it’s up to brokers to be current on the latest. Due to the drastically lower threshold, it’s advisable for all employers to calculate how many total IRS forms will be filed in 2024.

Compliance 52

Compliance Planning Tools HR Software Recruiting Software 52

ACA Times

JUNE 25, 2018

3 minute read: The issuance of Letter 226J for IRS information filings submitted for the 2015 tax year has caught many organizations off guard. The percentage of full-time employees (and their dependents) that must receive offers of minimum essential coverage increases to 95% in subsequent years. billion in penalty assessments.

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Compliance Report Guidelines Immedis 100

ACA Times

SEPTEMBER 26, 2016

You may recall in an earlier ACA Times article where the topics of “good faith” and “reasonable cause” were deciphered, as the AIR system became more cognizant of margins of error when filing. As the IRS brings the new C-Series Forms (1094-C and 1095-C) drafts for 2016, good faith effort compliance has now been eliminated.

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Compliance Report System Wellness 100

ACA Times

AUGUST 12, 2019

The IRS has started issuing Letter 226J penalty notices for the 2017 tax year, along with other penalty assessments related to ACA enforcement. The tax agency just completed sending its Letter 226J penalty notices in June to employers the agency believed failed to comply with the ACA in the 2016 tax year.

Assessment Software 100

Assessment Software Compliance Payroll Software 100

Personnel Data Systems

JUNE 19, 2019

Affordable Care Act reporting is a year-end thing, right? Wrong; in fact, it’s something you should be keeping tabs on all year. Ideally, you’d review your ACA data monthly, as the data on Forms 1094-C and 1095-C is monthly. You wouldn’t know for sure unless you reviewed your 1094-C data.). It’s a Time-Saver.

Report 45

Report Analytics Data Compliance Training 45

ACA Times

JULY 22, 2019

Applicable Large Employers should note that even though their ACA filing responsibilities have likely been satisfied due to the deadlines ending in April, the summer is more than a vacation period, it’s also a critical time for addressing ACA compliance. The summer is a great time to review past ACA information filings.

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Compliance Time and Attendance Data Hiring 100

ACA Times

JULY 17, 2017

At first glance, it’s a nice reprieve that EEO-1 reports for the 2017 tax year have been postponed. The new deadline to file EEO-1 reports is March 31, 2018, albeit with more complexities. The EEOC is requiring that these EEO-1 be filed electronically. They tracked employment data by race, gender, ethnicity and job category.

Report 100

Report Discrimination Compliance Assessment Software 100

Prism HR

SEPTEMBER 5, 2018

The e-filing system, AIR (short for Affordable Care Act Information Returns Program ), has made usability enhancements and accelerated the registration process. While resolving these issues isn’t particularly difficult, it introduces delays during the filing process. What You Can Expect for 2018 Filing. ACA Reporting Resources.

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Compliance System Report Diversity 40

ACA Times

OCTOBER 2, 2017

Look back to previous years of open enrollment to review just how smooth or rough the process was. If there have been problems in the past, consider engaging a third-party with ACA experience who can help you develop a more sound approach to providing information to employees. The list goes on and the penalties can add up.

Compliance 100

Compliance Hiring Software Planning Tools Assessment Software 100

Zenefits

JANUARY 2, 2020

Note: the multiplier will change every year. . The ACA also requires employers to report to the IRS every year to assure they’re complying with the employer mandate. Form 1094-C reports summary information for each employer – a snapshot of what the employer has provided and paid for in the past year. Dependents.

Planning Tools 36

Planning Tools Assessment Software Report Meeting 36

Namely

OCTOBER 2, 2015

As 2015 comes to a close—the first year seeing the ACA’s employer mandate in action—it’s important for smaller sized companies in particular to get a firm handle on how the legislation defines “small” group employers. What does that mean if your company is covered as a large group this year but will be looked at as a small group next year?

Compliance 40

Compliance eBook Groups Report 40

ACA Times

FEBRUARY 25, 2021

3 minute read: ACA reporting for the 2020 tax year will be different from years past because of the new Individual Coverage Health Reimbursement Arrangement (HRA) codes. As filing deadlines for the 2020 tax year approach , it is critical that your organization have an understanding of the new and old codes.

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Meeting Compliance Report ATS 130

Netchex HR Blog

NOVEMBER 8, 2022

Since its inception, the Affordable Care Act (ACA) has had several requirements for employee benefits and annual reporting with some changes over the years. The number of employees is averaged over the course of the year, and it includes full-time equivalent (FTE) employees. Past years have allowed higher percentages, 9.5%

Compliance 54

Compliance HR Software Planning Tools Assessment Software 54

Tango Health

FEBRUARY 18, 2021

Be transparent about the unified benefits plan In our experience, a best practice for converting employees to a unified benefits plan is to treat it like companies converting to only High Deductible Health Plans, a common event over the past decade. Minimum Plan Cost: Line 15 reports the cost for self-only coverage on your lowest cost plan.

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Planning Tools HR Software How To Comparison 96

ACA Times

MAY 14, 2018

According to a report from TIGTA in April 2017, the IRS had processed 439,201 Forms 1094-C, Transmittal of Employer-Provided Health Insurance Offer and Coverage Information Returns, and nearly 110 million Forms 1095-C, Employer-Provided Health Insurance Offer and Coverage, as of October 28, 2016. Some may argue that this is good news.

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Compliance Report Data Resources 100

PlanSource

DECEMBER 1, 2020

E ach year has pre sented new challenges, with federal ACA requirements constantly in flux and state ACA legislation changes that can be difficult to interpret and even harder to keep track of. Keep reading and bookmark this page so you can reference the ACA deadlines and changes you’ll need to keep track of in the upcoming year.

Report 52

Report HR Software Planning Tools Compliance 52

PlanSource

DECEMBER 1, 2020

From beginning as Obamacare to possibly soon refining further as Bidencare , e ach year has presented new challenges for employers with annual legislation changes that can be difficult to interpret and even harder to keep track of. The deadlines relate to filing employer 1095-B/C forms. Paper filing with IRS* .

Planning Tools 52

Planning Tools HR Software Report Compliance 52

PlanSource

JANUARY 21, 2020

Each year presents new challenges for employers and annual legislation changes can be difficult to interpret and even harder to track. February 28, 2020: Paper filing with IRS*. March 2, 2020: 1095-C forms postmarked to employees. January 31, 2020: 1095-C forms delivered to employees. And that’s why we’re here.

Planning Tools 40

Planning Tools HR Software Compliance Report 40

AssessTEAM Performance Management

FEBRUARY 11, 2023

This year is flying by very quickly, so be sure you have an HR social media calendar of activities to stay ahead of important dates. National Hat Day January 15th National Hat Day is celebrated every year on January 15th. It is observed on the third Monday of January each year. We’re well into the first quarter of 2023.

HR Software 52

HR Software Planning Tools Wage and Hour Training Employee Engagement 52

HR Morning

NOVEMBER 23, 2016

Specifically, the IRS pushed back the date by which employers have to provide individuals with 2016 Forms 1095-B and 1095-C. Earlier this year, the feds said employers would have to show “reasonable cause” to have penalties waived by the feds for 2016 reporting. So this represents a change to that stance.

Report 40

Report Planning Tools HR Software Compliance 40