ACA Compliance Changes for 2017

October 31, 2016 Last year the IRS was “generous” when it came to Affordable Care Act compliance. With extended deadlines and reduced penalties, companies were spared the full impact of inaccurate or incomplete reporting and delayed returns. This year however, companies are in for some big changes. Transition Relief With 2016 considered a transitional year […]

Read Article

DOL FLSA OT SOS ASAP

(Department of Labor, Fair Labor Standards Act Overtime Help – FAST) September 27, 2016 The new FLSA ruling will shape the status of employment for more than 4 million individuals throughout the U.S. How many of these people do you employ? To give you an idea as to how many people in your area will […]

Read Article

ACA Affordable Care Act Challenges

January 13, 2016 Major changes to ACA for 2016 The Patient Protection and Affordable Care Act ACA, has officially been in effect since January 1, 2014. As you are by now familiar, the federal government decided to roll out some aspects of the plan over multiple years in order to make the implementation more manageable […]

Read Article

Look-back Periods Rock n Roll & ACA

July 9, 2015 I learn things best by walking through a real life scenario. Reading dictionary definitions or textbooks doesn’t help me as much as walking through how something works in the real world. I’m currently building a guitar amp with my two sons as a fun summer project. We have read the instructions, but […]

Read Article

Does the Affordable Care Act (ACA) Apply to Summer Interns?

July 1, 2015 The ACA rules for employers with 50 or more employees are pretty clear-cut. However, they are slightly less simple when it comes to summer interns. Do you have to offer them insurance? It is essential to know that the Affordable Care Act defines full-time employees as someone working 30 hours or more […]

Read Article

SCOTUS Ruling on ACA: Impact to your business

June 26, 2015 Background On June 25, 2015, the U.S. Supreme Court (the Court) ruled in favor of the federal government in King v. Burwell, regarding whether the Affordable Care Act (ACA) permits the Internal Revenue Service (IRS) to provide tax credits for individuals in states that have not established a state run health insurance […]

Read Article

ACA Does the Affordable Care Act (ACA) Apply to Me?

June 23, 2015 One question on everyone’s mind right now, “Does the ACA apply to me?” In a nutshell, yes it does. Every business is responsible for collecting, documenting, and proving information to the IRS. So What Must You Report? That Depends on Your Employee Size. 0 – 49 Full-time or Full-time Equivalent Employees (FTEs) […]

Read Article

The Affordable Care Act Employer Mandate

Often referred to as “Obamacare,” the Affordable Care Act contains a mandate that requires all businesses with 50 or more full time equivalent (FTE) employees to provide health insurance to at least 95% of those employees and their dependents up to age 26. Businesses with 50 to 99 FTE will need to insure those workers […]

Read Article

Independent Contractors and The Affordable Care Act

April 21, 2015 The Affordable Care Act requires all employers with 50 or more full time and/or full time equivalent employees to provide health insurance to at least 95% of those employee and dependents up to age 26, or face costly monetary penalties. Because of this, the classification of your employees has become more important […]

Read Article