As reported by The Wall Street Journal in late February, President Donald J. Trump acknowledged the daunting complexity of healthcare after meeting with Republican governors and insurers — the two groups who can readily make or break an attempt to repeal and replace the Affordable Care Act (ACA) … [Read more...]
IRS Employer Guide for ACA & Fines Available Online
Updated Q&As for Compliance & Reporting Last month the IRS issued an updated compilation of questions and answers as an online guide for how employers are required to comply and report in accordance with the Patient Protection and Affordable Care Act (ACA). The Q&As address … [Read more...]
Reporting Still Required Despite Talk of ACA ‘Repeal and Replace’
The new White House administration announced last month it is committed to ACA 'Repeal and Replace'; however, there are no immediate changes to the federal mandate and all current compliance regulations still apply for employers. That means for 2016 reporting, employers will need to comply with … [Read more...]
IRS Codes: Finding a Solution for ACA Reporting
Boyd County ISD: A K12 District Case Study While Washington, D.C. buzzes with conversations around the Affordable Care Act "repeal and replace," the work of filing ACA documentation with the IRS for 2016 continues (as does the nightmare of correct codes), with diligence for most … [Read more...]
Are You a Candidate to E-file ACA with XML?
If your HRIS or accounting system is preparing an XML for ACA reporting forms 1095 and 1094, you may be a candidate to e-file directly with the IRS. E-file solutions are available in the market; however, finding one that does the work rather than making work for you is the key. An … [Read more...]
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