In the ACA realm, change is the only constant, so don’t take this to the bank. We’re telling you what we see for the first time, on a first reading of the draft 2016 Forms and Instructions that the IRS has released since...more
We were asked that recently, proving that there is such a thing as a wrong question. Let’s break it down. The same person may be both a “seasonal worker” and a “seasonal employee,” but those terms are used to discuss separate...more
Why should you care? Subsidy certification of even one applicant claiming to be a full-time employee not offered affordable, qualifying 2015 coverage can cause the IRS to assess a non-deductible tax against the applicant’s...more
At about the same time as last year, the IRS has released draft ACA coverage information reporting Forms and Instructions to be used early next year. There are many small differences and one HUGE difference. The IRS decided...more
8/13/2015
/ Affordable Care Act ,
COBRA ,
Employer Group Health Plans ,
Form 1094 ,
Form 1095 ,
Form 8809 ,
Full-Time Employees ,
IRS ,
Multiemployer Plan ,
Required Forms ,
W-2
For October 1 fiscal year employers, it’s budget season. Calendar year employers aren’t far behind. Those doubting their employer mandate compliance need to accrue reserves for non-deductible assessments that the IRS may...more
6/29/2015
/ Affordable Care Act ,
Annual Assessments ,
Budgets ,
Centers for Medicare & Medicaid Services (CMS) ,
Employer Mandates ,
Full-Time Employees ,
Health Insurance ,
Healthcare.gov ,
IRS ,
State Health Insurance Exchanges ,
Subsidies ,
Tax Assessment