Affordable Care Act

2022 ACA Reporting Deadlines

Ever since the Affordable Care Act was signed into law, business owners have had to keep a close eye on how many employees they’ve had on the payroll. This is because a company with 50 or more full-time employees or full-time equivalents on average during the previous year is considered

2022-02-08T13:59:33-07:00February 8th, 2022|

A Refresher on the ACA’s Tax Penalty on Individuals Without Health Insurance

Now that Affordable Care Act (ACA) repeal and replacement efforts appear to have collapsed, at least for the time being, it’s a good time for a refresher on the tax penalty the ACA imposes on individuals who fail to have “minimum essential” health insurance coverage for any month of the

2021-04-12T14:57:42-06:00August 29th, 2017|

Take Small-Business Tax Credits Where Credits are Due

Tax credits reduce tax liability dollar-for-dollar, making them particularly valuable. Two available credits are especially for small businesses that provide certain employee benefits. And one of them might not be available after 2017. 1. Small-business health care credit The Affordable Care Act (ACA) offers a credit to certain small employers

2021-04-12T14:58:20-06:00February 16th, 2017|

IRS Updates FAQs About Employer Responsibilities Under the Affordable Care Act

The IRS updated frequently asked questions about employer responsibilities under the Affordable Care Act (IRS). The IRS recently revised some FAQs covering the ACA’s shared responsibility rule, information reporting on Forms 1094-C and 1095-C and reporting on offers of health insurance coverage. Visit http://bit.ly/28MZtKE to read the FAQs, or contact

2021-04-12T14:58:22-06:00January 11th, 2017|
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