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Tag Archives: ACA compliance

03 Mar

Important Health Coverage Information IRS Return Deadlines

The IRS extended the information reporting due dates for insurers, self-insuring employers, other health coverage providers and applicable large employers. This chart can help you understand the filing requirements and the extended 2016 deadlines.                               *If you file 250 or more
16 Feb

The Size of Your Workforce Matters Under (Afforable Care Act) ACA, and Five Things Employers Need to Know

The Affordable Care Act (ACA) contains several tax provisions that affect employers. For example, the size and structure of your workforce – small or large – will determine which parts of the law apply to your organization. The number of employees you had during the prior year determines whether your organization is an applicable large employer for
01 Oct

New IRS Resource Helps Employers Understand the Health Care Law

The new ACA Information Center for Applicable Large Employers page on IRS.gov features information and resources for employers of all sizes on how the health care law may affect them if they fit the definition of an applicable large employer. The web page includes the following sections: What’s Trending for ALEs, How to Determine if You are
20 Sep

The Health Care Law and You: Nine Facts About Letters Sent by the IRS

The IRS sent letters to taxpayers this summer who were issued a Form 1095-A, Health Insurance Marketplace Statement, showing that advance payments of the premium tax credit were paid on the taxpayer’s behalf in 2014. At the time, the IRS had no record that the taxpayer filed a 2014 tax return. Here are nine facts
16 Sep

Understanding Your Responsibility Regarding the Affordable Care Act (ACA)

The Affordable Care Act (ACA) requires many employers to offer health insurance to a certain classification of employees or be subject to fines. Your company’s obligations, along with deadlines for meeting the requirements of the new law, are determined by your company’s status as an Applicable Large Employer (ALE) which is determined by the number