Register Now: The Credit Impact of Hurricanes

The Credit Impact of Hurricanes Hosted by Equifax and Moody’s Analytics December 13, 2017 at 1:00pm ET Hurricanes Harvey, Irma, and Maria wreaked havoc across the South. Banks, lenders and dealers alike are left wondering what the full impact might be on their books of business. Join Equifax and Moody’s Analytics on December 13 at [Read More…]

ACA Penalty Notices Hit Mailboxes, Sample Letter 226J Available

Thanks to a partnership with a third-party legal consultant, Equifax has learned that employers are indeed receiving Letter 226J from the IRS for Affordable Care Act (ACA) non-compliance in tax year 2015. The Equifax ACA team explained in a recent blog post that such penalty letters were forthcoming, and now it’s confirmed they’re here. To [Read More…]

Employer Alert – Form I-9 Scam

U.S. Citizenship and Immigration Services (USCIS), has alerted employers to an email phishing scam requesting Form I-9 information. Recently, some employers have received fraudulent emails requesting Form I-9 information. These emails appear to be from USCIS; they are not. USCIS advises that you do not respond to these emails or click the links in them. [Read More…]

New IRS Guidance: Letter 226J, Paying ACA Penalties

Update, 11/21/17 – Letter 226J is Arriving to Employers The Equifax ACA team has learned that employers have begun receiving Letter 226J for non-compliance during tax year 2015. Additionally, a recent communication from the American Staffing Association (ASA) confirmed, “ASA has been informed that some staffing firms have begun receiving employer tax assessments from the U.S. [Read More…]

IRS Releases ACA Forms, Instructions, and Guidance for 2017

In October, the Internal Revenue Service (IRS) published updated versions of  Affordable Care Act Forms 1094-C and 1095-C, as well as the instructions for how to complete the forms for tax year 2017. Forms 1094-C and 1095-C are used by Applicable Large Employers (ALEs) to report on employer-provided health insurance offers and coverage.  The updated [Read More…]

Understanding Trump’s October 2017 Executive Actions

There have been two recent actions by President Trump regarding the Affordable Care Act (ACA) that may cause employers some confusion. The Equifax ACA team has compiled an overview to  help employers better understand what these actions mean for their organization. 1.) The Executive Order from 10/12/2017- Presidential Executive Order Promoting Healthcare Choice and Competition Across [Read More…]

Repeal of Affordable Care Act Derailed by Senator McCain

Background After several months on a legislative roller coaster ride, the effort by congressional Republicans to repeal and replace the Affordable Care Act (ACA), President Obama’s signature piece of healthcare legislation, has abruptly come to a halt. Early on Friday, July 28, 2017 – following a dramatic return to the Senate after receiving a diagnosis [Read More…]

I-9 Compliance Alert: Change in Planned New Form I-9

As reported in our previous blog post a new version of Form I-9 is scheduled to be released July 17, 2017.  This will be the second new Form I-9 to be released in the past 12 months. The planned changes to the new Form I-9 were set to include an update to allow entrepreneurs seeking [Read More…]

Senate Republicans Reveal the Better Care Reconciliation Act

Background In recent weeks, Senate Republican leaders held a series of private meetings to draft a bill they hope will repeal and replace the Affordable Care Act (ACA) through the budget reconciliation process, which allows Congress to repeal and replace key components of the ACA legislation with a simple majority vote (and with no opportunity [Read More…]

The next frontier in Financial Services

It starts with creating a better, omni-channel customer experience. It’s 2017 and the Financial Services industry is squarely focused on creating the best possible customer experience. This means offering fast, convenient access to products and services at the point of sale, with less friction. It means creating a seamless customer experience across multiple channels, including [Read More…]