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…]

Best Practices for Onboarding Compliance in the Staffing Industry

Staffing organizations are faced with a number of unique challenges when it comes to onboarding compliance, including having a high number of new hires each month, a dispersed workforce, and managing unique employee scenarios.  But in addition to managing these distinct challenges, there is also the quickly evolving area of state-specific new-hire notification requirements that [Read More…]

Top Three I-9 Compliance Considerations for Staffing Firms

Although the Form I-9 has been in existence for many years, it can still be a source of confusion for Staffing organizations.  And, now more than ever, Staffing firms are faced with an ever-increasing number of regulations and requirements, on top of  properly documenting the work eligibility status of all employees. Even with the best [Read More…]

ACA Compliance in the M&A Environment

There is no shortage of ways that the Affordable Care Act (ACA) has impacted the legal landscape for employers of all sizes.  ACA compliance is riddled with possible penalties and warrants an even greater consideration for organizations involved in or that are considering a merger or an acquisition (M&A).  Why? When it comes to complying [Read More…]

What’s Next for ACA: Subsidy Notifications and Appeals

With 1095s out the door, the next Affordable Care Act (ACA) compliance hurdle employers face is managing subsidy notifications and appeals. Because subsidies, also referred to as Advanced Premium Tax Credits, are the trigger for penalties, it’s important to be prepared to handle the flood of notifications that the Exchanges are expected to send in [Read More…]

Form 1095-C: Employee Education and Communication in the Staffing Industry

Equifax staffing industry expert Lou Reavis discusses the added level of complexity to employee education and communication when it comes to Form 1095-C in Staffing Industry Analysts’ online publication, The Staffing Stream. With a dispersed team of employees, it is imperative that staffing organizations have efficient and effective internal communication practices to help prepare their [Read More…]

New IRS Guidance Extends ACA Reporting Deadlines

On December 28, 2015 the Internal Revenue Service (IRS) extended the due dates for the 2015 information reporting requirements for insurers, self-insuring employers, and certain providers for minimal essential coverage under section 6055 of the Internal Revenue Code and the information reporting requirements for applicable large employers under 6056 of the code. This 2-month extension [Read More…]

Resources to Help Employees Navigate the Form 1095

  Because this is the first year that many employees will receive a 1095-C as a result of the Affordable Care Act (ACA), it is important to provide education about the new tax form. Equifax has created a guide full of resources to help employers prepare employees for the 1095 and answer some of their most [Read More…]

Best Practices for Navigating ACA Reporting

ACA Webinar Series:  Best Practices for Navigating ACA Reporting Prepare.  Communicate. File. With Affordable Care Act reporting deadlines looming, many employers are not only scrambling to prepare IRS Forms 1094 and 1095, but also to educate employees about the new tax forms they’ll receive for the 2015 tax year on or before March 31. Because [Read More…]