The IRS recently published the draft instructions for the 2020 Forms 1094-C and 1095-C. As a reminder, applicable large employers (ALEs) are responsible for completing this reporting by the following deadlines: Furnishing deadline for 2020 Forms 1095-C is March 2,...
What a year 2020 has been and continues to be. Is anyone else ready to ring in 2021 just to say goodbye to the mess that 2020 has been? With that said, there are still some things in 2020 that can’t be washed away with the passing into a new year. ...
Our very own Sharon Alt, Senior Client Liason is leading a CE Class: Employer Reporting – Whose job is it? at the annual FWAHU Sales Symposium DATES COMING SOON. Check out the link in Comments to register now! #FWAHU (REGISTER HERE) ETC Companies is here to...
The IRS is open for business again. Employer Shared Responsibility Payments are now being assessed again on 2017’ tax year. Don’t forget to offer to 95% of those eligible and make it affordable or face these letters. And if you do all these things, remember to report...
After it became clear that not all schools would be fully reopening for the new school year, employers and employees alike have been wondering how the federal Families First Coronavirus Response Act (FFCRA) would apply in the variety of new schooling...
The IRS recently published the indexed adjustments to the employer shared responsibility penalties that apply to Applicable Large Employers (ALEs) for the 2021 calendar year, which include: 4980H(a): $2,700 (up from $2,570 for 2020) when the ALE fails to...
