Defining and Calculating ESRP- It Doesn’t Have to be Difficult
The following information will understand the Employer Shared Responsibility Payment (ESRP) and calculate any potential ACA penalties you may face.
Why Your Response to Letter 226J is Crucial
This is what you need to know about Letter 226J in order to handle it properly.
5 Facts To Help You Understand Safe Harbors
Find out how "safe harbors" can help you maintain your IRS compliance.
Full-time vs. Full-time Equivalent: Why the Difference is Crucial
Although they may be the last thing on your mind, the ACA reporting requirements aren’t being put on pause.
What Is The Difference Between Fully Funded And Self-Funded Plans?
Choosing health insurance coverage that fits your employees’ needs is a crucial decision.
What Are Safe Harbors Under The ACA?
A Safe Harbor is a method by which employers are able to prove that the health insurance that they offered to their employees was affordable.
What is an ICHRA and How Does it Work?
As this option increases in popularity the IRS will likely require additional information from mandated ACA reporters for tax year 2020.
The IRS Has Released Updated Forms 1094 and 1095 for 2020
On July 13, 2020 the IRS released new drafts of the ACA Forms 1094-C and 1095-C. As these forms are drafts, it is possible that the IRS will make additional...
ACAwise Can Bring you Peace of Mind With These 5 Features
If you are overwhelmed by the IRS reporting requirement and ACA compliance seems out of reach, consider finding a reporting provider.