An Applicable Large Employer (ALE) that does not offer coverage meeting certain requirements under Code Section 4980H may have exposure to an employer shared responsibility payment (ESRP). The ESRP amounts are indexed each tax year as shown in the table below and...
Failure to file or furnish Forms 1094-C and 1095-C as required can result in civil penalties under Code Sections 6721 and 6722, which are indexed each tax year as shown in the table below. These penalties apply separately per form that is not filed or furnished as...
MYTH #1 If you move to a Fully Insured Health Plan, the Carrier will complete your ACA Filing Obligations. FACT All ALE’s (ALE = 50 or greater full time equivalents in preceding tax year) must still file 1095-C forms for Part I and II. The fully...
In an increasingly digital world, email has become a vital means of communication for individuals and businesses alike. However, the prevalence of email hacking and the potential consequences it can have on privacy and security cannot be ignored. This article aims to...
When we think about diversity, equity and inclusion, we often forget how biases or perceptions of professionalism can apply to employee hairstyles. While there is currently no federal law prohibiting hairstyle discrimination, several states and localities have passed...
Yesterday, the House passed two bills aimed at simplifying employer health coverage reporting (Forms 1094-B/1095-B and Forms 1094-C/1095-C), but there are some important caveats to keep in mind. First, these bills must still pass the Senate and could be subject to...
