The House of Representatives Votes “Yes” on American Health Care Act

The House of Representatives Votes “Yes” on American Health Care Act The Trump Administration and the Republican Party have consistently identified the repeal and replacement of the Affordable Care Act (ACA) as a top priority. One of President Trump’s first actions after being sworn in was to issue an Executive Order urging relevant agencies and [Read More…]

10 Most Common ACA Challenges Employers Face in 2017

It’s been quite a saga for the Affordable Care Act (ACA) over the last year. It was dead, then maybe not, and now it’s here to stay (at least for now). In a recently-released audit and report completed by the Treasury Inspector General for Tax Administration (TIGTA) titled, “Affordable Care Act: Assessment of Efforts to Implement [Read More…]

New TIGTA ACA Assessment Indicates IRS Fines are on the Way

While employers have been working diligently to understand and comply with the Employer Shared Responsibility Provision of the Affordable Care Act (ACA), the Internal Revenue Service (IRS) has been stretched to implement processes and tools to identify non-compliant employers. We learned they were making strides in this regard with the release of Letter 5699 earlier [Read More…]

Equifax Workforce Solutions Discusses What’s on the Horizon for ACA on HRExaminer Radio

Equifax Workforce Solutions Discusses What’s on the Horizon for ACA on HRExaminer Radio Kristin Lewis, Senior Director of Product Management for Equifax, recently joined John Sumser, Founder and Editor-in-Chief of HRExaminer, to talk about a topic that has many employers scratching their heads: the future of the Affordable Care Act (ACA). During this podcast Lewis [Read More…]

Equifax Workforce Solutions Joins HRExaminer Radio to Discuss the Future of ACA

Equifax Workforce Solutions Joins HRExaminer Radio to Discuss the Future of ACA In one of his first official actions, President Trump swiftly signed an Executive Order signaling his intent to unwind the Affordable Care Act (ACA).  Although the executive order did not specifically mention employers, it did create a spark of chaos – leaving employers [Read More…]

Updated Employer Handbook for Completing Form I-9

Updated Employer Handbook for Completing Form I-9 The U.S. Citizenship and Immigration Services issued the updated Handbook for Employers (M-274) on February 14th, with an official revision date of January 22, 2017. The newly published version of the Handbook offers new guidance focused specifically on the following important considerations: Automatic extensions of Employment Authorization Documents [Read More…]

Prepare for Notifications with our ACA Subsidy Toolkit for Employers

While many HR and benefits professionals have been heads down and busy working on getting important tax forms out the door, a record-breaking open enrollment season has just ended on the Affordable Care Act (ACA) Marketplaces. So, why is this important? Employers will need to be prepared to receive ACA subsidy notices, likely in larger volumes [Read More…]

ICYMI: Our Top 6 Webinars on ACA Subsidy Management

ICYMI: Our Top 6 Webinars on ACA Subsidy Management Without question, 2016 brought new compliance challenges for HR professionals.  One of the more recent challenges facing employers is the ongoing management of Affordable Care Act (ACA) subsidy notifications and appeals. Because subsidies (also known as Premium Tax Credits) are the trigger for fines and you [Read More…]

ACA Penalties on the Way, IRS Letter 5699 Requests Missing Reporting

Recently, the IRS began sending Letter 5699 to request missing 2015 Affordable Care Act (ACA) reporting from Applicable Large Employers (ALEs).  A sample of this letter is available here. In the Letter 5699, titled “Request for Employer Reporting of Offers of Health Insurance Coverage (Forms 1094-C and 1095-C)”, a tax compliance officer is notifying the [Read More…]

Have the Election Results Impacted Employers’ ACA Compliance Strategy?

Have the Election Results Impacted Employers’ ACA Compliance Strategy? Despite the results of the presidential election, only 3% of employers surveyed have put their ACA compliance strategy on hold until additional guidance is provided, according to a recent poll conducted by Equifax during a webinar: Piecing Together ACA: Reporting, Subsidy Appeals, and Employee Education. In [Read More…]