Trade Preferences Extenstion Act of 2015 Archives

Compliance Recap // July 2015

August 11, 2015

6055/6056 Reporting, Affordable Care Act (PPACA), Compliance Alert, Employee Benefits, Employer Mandate, Health Care Costs, Health Savings Account, Preventive Services

July brought the benefits industry increased fines relating to the Patient Protection and Affordable Care Act (ACA) as well as some much-anticipated updates and information on a variety of subjects. A trade bill passed in early July increased penalties for employers that fail to file IRS forms relating to the ACA’s play or pay provision, […]

Trade Bill Increases ACA Reporting Penalties; Reinstates Tax Credit

July 13, 2015

6055/6056 Reporting, Affordable Care Act (PPACA), Compliance Alert, Employee Benefits, Employer Mandate, IRS

Most employers are familiar with the penalties assessed to applicable large employers that fail to offer minimum essential coverage that is minimum value and affordable. In addition to being required to offer coverage, employers (all applicable large employers, and all employers with self-funded plans regardless of size) are required to complete IRS reporting forms under […]