by Audrey Dodgen | Aug 9, 2022 | Affordable Care Act, Featured
For medical plan years beginning in 2023, the Internal Revenue Service (IRS) recently announced a significant decrease in the affordability percentage to 9.12%, from the previous level of 9.61%. This could trigger penalties for large employers who fail to adjust to...
by Audrey Dodgen | Jun 17, 2022 | Affordable Care Act, Featured
The IRS[1] has increased the amount of the annual PCORI[2] fee you may be required to pay as part of your ACA[3] compliance. This fee is due Aug. 1, 2022. For plan years that ended on or after Oct. 1, 2021, and before Oct. 1, 2022 (including calendar year plans), the...
by Audrey Dodgen | May 20, 2022 | Affordable Care Act, Featured
Every year, more and more employers find themselves facing stiff penalties from the IRS for their failure to comply with the reporting requirements of the Affordable Care Act, penalties they thought they could avoid by hiding behind the shield of the “good faith...
by Audrey Dodgen | May 3, 2022 | Affordable Care Act, Featured
Under current ACA policy, people who seek to purchase their medical coverage on the Marketplace are provided tax subsidies to help with the cost if they meet certain criteria. One of those criteria is that they do not have access to affordable minimum essential...
by csadmin | Mar 17, 2022 | Affordable Care Act, Featured, Services
Complying with the Affordable Care Act (ACA) can be a headache. Rules and regulations are complex and constantly changing. Many employers find it easier to outsource their ACA compliance to ACA service providers (like us) or their payroll & benefits vendors....
by csadmin | Feb 15, 2022 | Featured, Uncategorized
Managing medical leave under the Family and Medical Leave Act (FMLA) can seem like a daunting prospect. The scenarios are familiar – your new fifth-grade teacher is taking leave after having a baby; your long-time bookkeeper is taking leave to care for their ailing...
