When migrating to a new system or introducing different benefit plans during a calendar year the data required for compliance will not be readily available for compliance. This is a prime opportunity for a one time use of a Value Added Network (VAN) used on an outsourced basis.

The IRS has released the employer penalties for non-compliance with the ACA for Calendar Year 2018.

Healthcare is consistently identified as one of the top 2 or 3 issues in the USA according to many polls. Healthcare is at or near the top of most employers Human Capital Management agendas as well.

Earlier this year the Treasury Inspector General for Tax Administration’s (TIGTA) report on the Affordable Care Acts stated that the IRS now has the data to begin calculate the potential penalties for Tax Year 2016 to be assessed against those organizations determined to be non-compliant with the ACA. Expect the number of Letter 226J notifications and associated penalties to be greater and larger than what we have seen so far. Tax Year 2017 notices will be on the heels of the 2016 notices. A re...

Time flies! We are already well into the second half of 2018 and soon all the year-end activities will begin ramping up. ACA Compliance is a critical component for Employee Benefit, HR and Tax professionals’ year-end obligations. So, the time is now to get started off on the right foot. A great way to ensure that year-end 2018 will be a success is to begin now with an Organizational ACA Compliance Assessment.