ACA compliance: Why your 2015 strategy won’t work and what to do in 2016

Out with the old 70% compliance threshold, and in with the new 95% compliance threshold. This year employers have much less room for error when it comes to calculating eligibility, offering benefits, and remaining compliant with the Affordable Care Act (ACA) regulations. Looking forward, the 95% compliance threshold is officially in effect, and many employers [Read More…]

Subsidy Notifications and Appeals: Guide for Employers

Over the last several years, the ever-evolving regulatory landscape has been like an American Ninja Warrior challenge for employers.  It has been one obstacle after another.  And the next compliance obstacle that employers face is managing subsidy notifications and appeals. Employers need to have their game-face on and be prepared to handle the flood of [Read More…]

White Paper – Managing Compliance with the ACA

Ventana Research White Paper:  Managing Compliance with the Affordable Care Act There is no doubt that the ACA was the catalyst for the change in how employers are managing regulatory compliance through technology. A new report from Ventana Research discusses how the choice of technology used to help manage ACA compliance can make a difference and [Read More…]

ACA Best Practices From A Happy Survivor

Because of her experience with managing ACA compliance for one of the country’s largest staffing firms, we asked Rachel Stevens, CEBS, SPHR, Director of Benefits and Compensation at Staffmark to speak about her experience and share lessons learned during this first chaotic year of IRS reporting. Author: Rachel Stevens The ACA. Three little capital letters, right? [Read More…]

The Road to 95%: Mastering ACA Compliance in 2016 and Beyond

As we enter the second half of 2016, the first round of ACA reporting is finally in the rearview mirror. Looking forward, the 95% compliance threshold is officially in effect, and many employers are anxious to understand the compliance requirements and steps they can take to minimize risk and avoid penalties. Gone are the days when extensions [Read More…]

Healthcare Organizations Face Soaring Compliance Costs

The DOL’s final rule regarding “white collar” exemptions is challenging all organizations to take a hard look at their compliance costs and make tough decisions – none more so than healthcare perhaps. In addition to healthcare employers considering the reclassification of millions of their employees and adopting new policies, there are other stones that shouldn’t [Read More…]

US Department of Labor Issues Guidance on WOTC

Today the United States Department of Labor released a new Training and Employment Guidance Letter (TEGL) outlining updated guidance for the Work Opportunity Tax Credit (WOTC). Highlights in the TEGL include: An extension of the transition relief period for all WOTC categories to August 31, 2016 (with forms due to State Workforce Agencies by September [Read More…]

Join Equifax on your ‘Journey to Compliance’ at SHRM – booth #837

Equifax Workforce Solutions at this year’s Annual SHRM Conference As an HR professional, managing your workforce can present a number of different compliance challenges and opportunities, including: HR compliance – onboarding, I-9, Work Opportunity Tax Credit screening, state compliance requirements Affordable Care Act Management Unemployment Cost Management and related employment tax implications Employee data security [Read More…]

ACA Update for Employers: Employee Subsidies and IRS Fines

Webinar:  Tuesday, June 14, 2016 at 1:00 PM ET With Affordable Care Act (ACA) reporting deadlines almost here, many employers understand why they can’t afford to wait to start preparing for the next ACA compliance challenges in 2016. For most, this means looking forward to the management of subsidy notifications and appeals, as well as [Read More…]

Political and Social Landscape Make Repeal of ACA Unlikely

Equifax understands that many employers are left feeling uncertain on how to best approach ACA compliance with the election around the corner and with the mention of a repeal.  So we’ve invited, Tom Dowling, Partner in the Stinson Leonard Street’s Employee Benefits Group to provide his insight into what the election could mean for employers [Read More…]