The deadline for e-Filing 1094-C forms is coming up on June 30. In theory, e-Filing should accelerate the submission of these Affordable Care Act forms, but the reality we have observed is that many Applicable Large Employers are having difficulty filing forms electronically. The lesson here for employers is that …
Across the board, we’re observing a recurring theme: Affordable Care Act (ACA) compliance is complex and time consuming. The employers who are successful with the process are those that allow time to navigate a course full of twists and turns. “Don’t put off ’til tomorrow what you can do today” …
The “Cadillac Tax” refers to a provision in the Affordable Care Act (ACA) that levies a 40% excise tax on “Cadillac” health plans. Like the car they are named for, “Cadillac” plans are those that contain services and features that add to their cost. It’s been suggested this tax counter-balances …
On Tuesday, June 16th, CEOs, CFOs and HR professionals filled the grand ballroom at Aronimink Golf Club seeking answers and guidance from the Creative Benefits Inc. Health Care Advisory Panel. Creative Benefits hosted it’s second workshop for to review the new requirements under Sections 6055 & 6056 of the Internal Revenue …
Preparation time is over: 2015 has arrived, and so too has the Affordable Care Act’s Employer Mandate. Employers must now be able to show they are following the requirements of the law, or pay the price. This has left many employers questioning what reporting the IRS requires of them, and …
