Changes could have a significant impact on existing benefit programs -
The IRS issued a new notice on Wednesday that provides guidance regarding aspects of Affordable Care Act implementation. The following are addressed...more
Compliance with reporting obligations is always important for any employer, but the employer reporting requirements under the Affordable Care Act pack a significant penalty that makes compliance particularly...more
3/25/2015
/ Affordable Care Act ,
Employer Group Health Plans ,
Filing Deadlines ,
Health Insurance ,
IRS ,
Large Employer ,
Minimum Essential Coverage ,
Penalties ,
Reporting Requirements ,
Self-Insured Health Plans ,
W-2
The IRS has issued final regulations providing guidance on certain complex requirements imposed on charitable hospital organizations added by the Patient Protection and Affordable Care Act of 2010. Specifically, the...more
IRS employment tax audits are rising and as such, it’s important for employers to understand what to look for in their employee benefit programs to avoid any adverse tax findings. This brief video outlines some of the most...more
The IRS’ proposed rules to determine governmental plan status are impacting public agencies looking to join a CalPERS benefit plan....more
New Retirement Savings Account Aimed at those Without Access to Such Plans Through Their Employer -
President Obama announced in his State of the Union address that he would be ordering the Department of the Treasury...more
IRS Guidance Provides An Alternative to the Current “Grace Period Rule” -
The Internal Revenue Service recently released Notice 2013-71, which provides an alternative to the Grace Period Rule for health flexible...more
On the heels of last week’s announcement that the Affordable Care Act’s (ACA) reporting requirements and Play or Pay penalties will not go into effect until 2015, the IRS has released transition relief clarifying that the...more
7/11/2013
/ Affordable Care Act ,
Compliance ,
Deadlines ,
Delays ,
Employer Mandates ,
Fees ,
Form 720 ,
Healthcare ,
IRS ,
Pay or Play ,
PCORI ,
Penalties ,
U.S. Treasury
As part of the Affordable Care Act, insurance companies offering certain health insurance policies and employers, including public agencies, that sponsor certain self-insured plans may be responsible for reporting and paying...more