In This Presentation:
- Affordable Care Act
- Affordable Care Act: Fees and Taxes 2015 – Employer Shared Responsibility Fee
- Forms for Reporting Fees
- Retirement Plan Errors - Overview
- Retirement Plan Errors - Eligibility
- Retirement Plan Errors - Vesting Errors
- Retirement Plan Errors - Compensation
- Retirement Plan Errors - Loans
- Retirement Plan Errors - IRS Correction Process
- Equity Compensation
- Incentive Stock Options
- ISO Taxation (General Case)
- Any Advantages to Early Exercise ISOs?
- ISO Reporting
- Nonqualified Stock Options (NQSOs)
- Restricted Stock
- Restricted Stock Units
- Section 409A
- Overview – Section 409A
- Separation Pay and 409A
- Legal Notice and Treasury Circular 230 Notice
- Excerpt from Affordable Care Act: Fees and Taxes 2015: Employer Shared Responsibility Fee:
• The employer shared responsibility fee is to encourage employers to offer health coverage or pay an amount to subsidize coverage through an exchange
• Two penalties:
• Big penalty
– If employer does not offer minimum essential coverage (“MEC”) to
95% of full-time employees (“FTs”); and
– 1 employee enrolls on exchange and receives subsidy
– Penalty is $2,000 x (number of employees – 30)
• Not as big penalty
– If employer does offer MEC to at least 95% of FTs, but coverage is
not both (a) minimum value, and (b) affordable; and
– 1 employee enrolls on exchange and receives subsidy
– $3,000 x number of employees who go to the exchange for
coverage and qualify for premium subsidy or cost sharing
– Capped at big penalty
Please see full publication below for more information.