X

Archive by category: Tax Year 2017Return
RSS
Legal Update: EMAC & HIRD

Legal Update: EMAC & HIRD

Massachusetts' new and increased EMAC Assessments are beginning January 1st, 2018 and ending December 31st, 2019. Fiscal Year 2018's budget-related legislation temporarily increased an existing employer fee known as the Employer Medical Assistance Contribution (EMAC) and also created a new, temporary, 5% assessment on employers to help offset a projected future $600 million shortfall in the MassHealth program.
Read More
IRS Issues Thousands of Letter 5699 Notices with Millions of Dollars in Potential Penalties

IRS Issues Thousands of Letter 5699 Notices with Millions of Dollars in Potential Penalties

Many employers have received IRS Letter 5699 over the last several weeks. Letter 5699 is being issued to employers whom the IRS has deemed may be an Applicable Large Employer (ALE) for purposes of compliance with the Affordable Care Act (ACA), and the IRS has no record of their 1094 and 1095 forms for a Tax Year since 2015.
Read More
Page 1 of 2 FirstPrevious [1]2 Last

Contact Us

Have a Question or Need a Quote?

Federal ACA Compliance and Reporting and State Mandate e-filing is very complex. We have found that a short phone call is often the best way to see what we can do for you and your company.

Please fill out the form to the right and submit. If you have a specific concern let us know. We will come back to you via email with a few times for a call to discuss your situation.

PHONE

508-655-3307

EMAIL

info@benefitscape.com

Top 5 Newest Posts