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…]

Digital Transformation—Meet the Needs of Evolving Consumer Expectations

Digital devices have enabled consumers to do more on-the-go. And as communications and utility providers continue to transform their technology and offerings to accommodate this fast-paced, high-interaction reality, consumers expect more from each touchpoint. Consumers are driving the move to connected digital experiences that allow them to call the shots. Low friction, digital experiences mean [Read More…]

Communications and Utility Service Providers: Annual NCTUE Conference Attendees Explored Balancing Customer Expectations and Risk

The 2017 NCTUE® Annual Conference wrapped up on November 9th and a great time was had by all at this year’s event held in San Diego, CA. Founded in 1997, the NCTUE is a consortium of telecommunications, pay TV, home security and utility service providers that anonymously share consumer payment information to help its members [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…]

Promoting the Advantages of OTT May Help Boost Advertising Revenue for OTT Providers

The last time we looked at over-the-top (OTT) media, we covered how content providers have the potential to achieve higher viewer retention by leveraging deeper consumer insights. Customers can be targeted and segmented by personal attributes such as lifestyle and passions, as opposed to general demographic attributes like age or gender. Once an audience is [Read More…]

A Top 25 Bank Increases WOTC Results by More than 50%

A top 25 bank that switched to the Equifax Workforce Solutions WOTC Management technology has seen more than a 50% improvement in their WOTC results in less than a year. Small tweaks to the bank’s WOTC process improved screening completion and eligibility identification to drive a significant increase to their overall WOTC program performance. Client [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…]

Solving the Credit Conundrum: Using Alternative Data to Better Understand “Elusive” Market Segments

It’s a conundrum for many service providers in the utility, pay TV and communications sectors when it comes to assessing consumer risk. You want to tap into the unbanked and underbanked markets and those consumers who lack traditional credit file history. The most puzzling part is effectively assessing if they’ll pay their bills. As a [Read More…]

October 2017 Briefly: An Unemployment Case Analysis

Background The claimant was discharged for inappropriate behavior. The claimant was allowed benefits upon a finding that he was discharged, but not for misconduct connected with the work. The employer appealed, and a hearing was scheduled before an administrative law judge. At The Hearing The Employer’s Evidence: The employer’s witness testified that he received an [Read More…]