Since it’s arrival in the United States, the Coronavirus has been increasing in intensity and Americans are beginning to feel its effects in their everyday lives. Many Americans
So, we have all heard about COVID-19, this virus has been sweeping the world both literally and through the media. We are hearing more and more about it
The deadline to E-file your ACA Forms with the IRS is approaching! Have you completed your forms and mailed them off to your employees? If so, that’s awesome
One of the most challenging changes that a business can experience is an acquisition. This process involves upheaval and legal guidelines, this is a lot of work for
The clock is ticking! Today is the ACA recipient copy deadline. Have you mailed your Form 1095 copies to your employees? The IRS requires you to have them
Every aspect of ACA reporting is complicated. Sometimes it can be difficult to determine whether or not you are even a mandated reporter. Keep reading for an easy
When it comes to ACA mandated reporting, there are a lot of factors involved. As the March 02 recipient copy deadline approaches, we know that ALEs are beginning
As the IRS deadlines creep closer and closer, ACA reporting is on the radar of every mandated filer in the country. With new state filing requirements, many filers
Know Your Deadlines… Let’s start with the basics, you must know your deadlines. There are three major deadlines that you need to adhere to if you want to
With the IRS penalty letters that are currently being distributed, prior year filing is becoming a necessity for many applicable large employers. Many ACA Reporting vendors don’t offer
ACA reporting can be daunting…ACAwise is here to make it easy. The IRS is currently distributing penalty notices for tax year 2017. They will begin distributing the penalties
In the past decade the workforce has begun to change. There has been a shift away from traditional “9-5” jobs and a move towards freelancing. While individuals of
Since the federal individual mandate was eliminated from the Affordable Care Act many states have put in place an individual mandate at the state level. The latest state
Large employers, the holidays may be over…but it’s time to check your list twice. What list you may ask? Your January checklist! There are some huge deadlines coming
The new year is right around the corner and it’s bringing IRS deadlines with it! Are you an applicable large employer? If so, it’s time to start thinking
Are you an applicable large employer? If you are overwhelmed by the IRS reporting requirement and ACA compliance seems out of reach, then it is time to consider
The new year is on the way and that means that it’s time for employers to turn their attention to the IRS reporting requirements of the Affordable Care
We have all heard of the term “federal poverty level”. It is generally referred to more simply as the poverty line. While it is pretty easy to understand
The ACA requires that applicable large employers (employers with 50 or more full-time equivalent employees) report their health insurance offerings to the IRS. One of the main reasons
If you are an applicable large employer, you have probably heard the horror stories about ACA noncompliance penalties, maybe you’ve even gotten one in the past. These penalties
Whether you are a large applicable employer or a small business owner, you should familiarize yourself with employer-sponsored health plan options. There are two major types of group
As an applicable large employer, it can be stressful to stay up to speed on the ACA reporting requirements. One area of reporting that can be easily overlooked
If you are filing for an applicable large employee or a professional employment organization, then you are no stranger to submitting ACA forms with the IRS. You are
A goal of the Affordable Care Act is to enhance the standards of American health insurance. Catastrophic health insurance plans have been greatly eliminated and new plans are
The Must Have “Metals” Of The Health Insurance Marketplace… About 49% of Americans have employer-sponsored health insurance and many of them work for Large Applicable Employers. However, that
Since the Affordable Care Act was written into existence, you may have heard the term “MEC” thrown around. How many of us have actually taken the time to
We admit it…the Affordable Care Act is a very complex piece of legislation. The fact that the mandates and general filing rules required by the ACA are constantly
Reporting To The IRS… This can be a very intimidating process…especially where ACA compliance is concerned. No one wants to receive that dreaded penalty letter in the mail
Changes in Compliance… Beginning in 2019, employers in New Jersey have had a new item to add to their mandatory reporting checklist – New Jersey Health Insurance Mandate
Keywords: Form 1095-B, medical coverage, national health insurance, medical plans Changes To Form 1095-B – What You Need To Know Form 1095-B, issued to individuals by insurers to
Insurers, self-insuring employers, large employers, and other coverage providers are required to e-file Form 1095-B and Form 1095-C by April 1, 2019. With tax season in full effect, it
The time has come for employers to handle their annual and quarterly business tax filing requirements by the upcoming January 31 deadline. IRS 1099 & W-2 Tax Deadline: Midnight, January 31st,
Months after litigation in Texas vs. The United States began, America has an answer to “Is Obamacare unconstitutional?” and that answer, announced on Friday, Dec. 14th, is yes.
Receiving a Letter 226J from the IRS typically comes emotions resembling shock or concern. Due to the complexity of the Patient Protection and Affordable Care Act (known by
The IRS made an announcement earlier this week that completely changes the ACA reporting requirements 2018: The deadline changed. That’s right, your ACA reporting as a completely new
Now that the dust is starting to settle from the results of the 2018 midterm elections, projections for what the 116th Congress could mean for key legislation is
There is a lot more to corporate compliance than filing your taxes on time. And while this compliance guide is far from comprehensive, making sure these aspects are
Obamacare 2019 premiums are finally falling. CNN reports that the drop in the insurance premium is the first since 2014, when the Affordable Care Act exchanges opened. The
There are many factors that come into play while achieving business success. Early mornings. Late nights. Dedication. Sacrifice. Most successful businesses require each of these, along with listening skills
Employees with disabilities may require the assistance of therapy dogs or service dogs in the workplace to assist them in completing daily tasks. As an employer, you must
Between a new legal battle with the Wisconsin justice department (WI DOJ) and a finally perceptible market stabilization, Obamacare is back in the headlines. While lawsuits are at
Medical treatment and its costly expense have left many Americans frustrated and in medical debt. Acknowledging the ever-growing need for medical bill assistance, a bipartisan group of the
A large portion of the population is aging out of private health care and into Medicare coverage, and with that shift comes a growing enrollment in Medicare Advantage
Studies show that employees that work from home tend to save employers money, have increased productivity, and give most employees the flexibility that they desire. As with any
With industry leaders starting to offer competitive employee benefits ––paid parental leave chief among them––this is your chance to get ahead of the curve. Paid parental leave is
Last week, Texas vs. The United States, the court case centered around the constitutionality of the Affordable Care Act, hit the courtroom. The first thing to be decided
Current broker insights project the health insurance market is set to become volatile as higher-income Americans react to increased ACA plan premiums. The Center on Health Insurance Reforms
You can only build so much of a coworker relationship out of water-cooler conversation and meetings, but in order to function its best your team needs to, well,
Losing a good employee, regardless of the circumstances, is never easy. You feel blindsided, caught off-guard, and confused. You’re juggling all of these feelings while trying to determine
The hiring process is a lengthy and tedious journey to say the very least. From the initial meetings to their first day, the application and recruiting process is
Have you ever felt overwhelmed at work? Intense pressure from your coworkers and/or boss? Feels like no one cares or acknowledges how hard you work? Chances are you
The Patient Protection and Affordable Care Act (ACA) is complicated. The ACA penalty process being initiated by the IRS is no exception. Employers receiving notifications (IRS letter 226-J)
This time last year we were all watching anxiously as Washington discussed the possible “repeal and replace” of the Affordable Care Act (ACA). No matter what side of
Summer is here, the change of season brings several human resource related challenges unique to this time of year. The sun is shining, the birds are singing, and
Suicide. It is an unbelievably sad and tragic event that has impacted hundreds of thousands of friends, families, and colleagues across the United States. In the wake of
When you welcome a new team member on you may see two words floating around: Tax exempt and nonexempt. Isn’t exempt just another word for “excused?” If so,
Human Resource team meetings are essential, but often the attendees are unengaged and unable to deliver any useful input. Team meetings are already notorious for being boring, and
As a human resources professional, you understand the value of employee onboarding. From better job performance to higher retention the benefits of onboarding are quantifiable. Failing to properly
Becuase of the widespread interest concerning the Affordable Care Act (ACA), one would think that most American would be well informed about its current state. So is Obamacare
If you filed for an automatic 30-day extension for your ACA reporting your time is officially up. Today is the ACA reporting deadline if you filed an extension
If you filed Form 8809 to extend your Affordable Care Act (ACA) reporting deadline here’s your friendly reminder that your new and extended deadline is coming up soon!
There’s always something to be learned from the first quarter to help you transition to the next. April marks two important milestones for human resources and business owners:
The IRS website malfunctioned yesterday causing issues for millions of tax filers across the nation. The estimated 5 million taxpayers who waited to file their income tax returns
One of the most dreaded days of the calendar year for many Americans is here! That’s right, the deadline for filing your income tax return is tomorrow April
The first quarter filing deadline for Form 941 is Monday, April 30th! Today we will look at the different variations of Form 941, the Employer’s Federal Quarterly Tax
It should go without saying that building an attractive PTO or leave policy for your business is super important. Paid time off is a benefit that not only
It is officially spring and summer is right around the corner! After months of winter coldness, your employees are gearing up for their long-awaited vacations. It is
Employee terminations are rough no matter the size of your team. But, the difficulties do not stop with the employee leaving. Now you must manage the concerns of
Following the passage of President Trump’s Tax Cuts and Jobs Act, the IRS has finally released the much anticipated new W-4 Forms and withholding calculator. However, please note
The importance of well-kept employee records stretches far beyond the possible legal ramifications. Accurate employee records can help HR departments identify skill gaps and recruit ideal staff members.
Big data, along with its three key features of volume, velocity, and variety, is considered the foundation of modern analytical systems. As of 2013, 91% of America’s top
When you welcome a new team member on you may see two words floating around: Tax exempt and nonexempt. Isn’t exempt just another word for “excused?” If so,
Today is the ACA filing deadline for recipient copies. All Applicable Large Employers and Third Party Administrators must mail their ACA information returns to eligible employees by today
Applicable Large Employers (ALEs) and Third Party Administrators (TPAs) it’s time to mail your employee 1095 Forms! If you are required to file an Affordable Care Act return
Today is the last day to paper file your ACA Forms! That’s right, your Affordable Care Act Form 1094 and 1095 reporting information for the tax year 2017
The longevity of the Affordable Care Act (ACA) has likely created a certain level of uncertainty in your organization over past year. There have been several significant changes