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Tag: Affordable Care Act (ACA)

ACA Remains in Force, Despite Court Ruling It’s Unconstitutional

A Texas federal district judge on Friday,  Dec. 14, 2018, held that the individual mandate was unconstitutional, and the remainder of the ACA was invalid and unenforceable in Texas v U.S. The court reasoned that without the individual mandate tax penalty, which was reduced to zero effective Jan. 1, 2019, under the […]

The Employer Mandate in 2018: Proposed New Mandatory E-filing

IRS Proposed Regulations Expand Mandatory Electronic Filing of Information Returns The IRS in May published proposed regulations expanding mandatory electronic filing of most information returns – Form W-2, forms in the 1099 series, Form 1095-B, and Form 1095-C. These proposed regulations would be effective for information returns required to be filed after […]

Benefits Resolutions for 2016

Benefits Resolutions for 2016

[metaslider id=2211] January is already in full swing (we can’t believe it either) and it’s time to start thinking about your benefits resolutions for the year. So maybe some of you “forgot” to set benefits goals for yourself and your employees in 2016. Lucky for you, we have a list to get you […]

IRS Extends ACA Reporting Deadlines

On Monday, December 28, 2015, the IRS and Department of the Treasury issued Notice 2016-4. In the notice, the agency extended both furnishing to individuals their 1095 Forms along with filing deadlines to the IRS. The IRS stated: “We have determined that some employers, insurers, and other providers of minimum […]

ACA Employer Update for 2016

Under the Affordable Care Act (ACA), people who can afford health insurance but choose not to enroll in coverage may be required to pay a fee (penalty) when filing on their 2015 Federal Tax Return. The fine is set to jump in 2016 to $695/adult, $347.50/child or 2.5% of adjusted […]