Required Contribution Percentage Adjustment
The IRS announced (in Rev. Proc. 2020-36) the 2021 indexing adjustment to the Affordable Care Act’s (ACA’s) required contribution percentage. Applicable Large Employers (ALEs) subject […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W</span> IRS Letter 226J: ACA “Play or Pay Penalties” Loom
With another year soon drawing to a close, we have two years of employer shared responsibility reporting, aka 1094/1095 filings, under our belt. As a […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W:</span> Form 1095-C….are you ready for ‘Pay or Play’ Reporting?
Are you ready? Many of you might call that a loaded question. Is there a way to even know for sure if we are ready? […]
<span style="color: rgb(0, 119, 168); font-family: arial;">H&W:</span> IRS Released Finalized Forms 1094 and 1095 “B & C”
The IRS has released Finalized Forms 1094 and 1095 “B & C” for 2014. Forms 1094-B and 1095-B relate to the Individual Mandate (Section 6055) […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> What To Do Now to Prepare for Pay or Play
The employer shared responsibility provisions begin in 2015, and these provisions are covered in Compliancedashboard reference material. The following are suggested steps for employers to […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> Shared Responsibility Relief
On February 10, 2014, the IRS published final regulations on section 4980H of the Internal Revenue Code. This is the section of the Affordable Care […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> 2014 Employer Plan Year Reminders
The following is a recap of some of the provisions impacting employer plans for plan years beginning on or after January 1, 2014. Please note […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> Delay of Employer Shared Responsibility Provisions
IRS Notice on Delay of Employer Shared Responsibility Provisions: On July 9, 2013, the IRS issued Notice 2013-45, which confirmed a prior announcement by the Administration delaying […]
<span style="color: rgb(0, 119, 168); font-family: arial;"><b>H&W:</b></span> Shared Responsibility for Employers Delayed
Shared Responsibility for Employers Delayed Until 2014: The Administration has delayed the shared responsibility for employers provision of the ACA (Play or Pay Mandate) until 2015. Originally scheduled […]