by Editor | Jul 14, 2016 | ACA Reporting Services
Errors in Reporting on Forms 1094-C and Form 1095-C There are 200 potential code combinations for line 14, 15, and 16. However, of the 200 potential code combinations only 49 are theoretically possible. The Form 1094-C and Form 1095-C tell the IRS a story which will...
by Editor | Jul 13, 2016 | ACA Reporting Services
Documenting an Offer of Coverage Despite the lack of guidance from the government, the offer of coverage is one of the most important aspects of ACA compliance. A quality offer of coverage will explain the product being offered including the price of each coverage...
by Editor | Jul 12, 2016 | ACA Reporting Services
Adopting ACA Compliant Policies Perhaps the easiest ACA provision to neglect is Documentation. Utilizing available ACA provisions, requires documentation. At a minimum, an Employer should have four policies in place including a policy explaining its look back...
by Editor | Jul 11, 2016 | ACA Reporting Services
Employee Classification based on Measurement Method Perhaps the most important step for any employer who has adopted the look back measurement method is the initial step of classifying an employee. If an employer misclassifies its employees, it could lead to a penalty...
by Editor | Jun 27, 2016 | ACA Reporting Services
At the beginning of each calendar year all employers who are considered “Applicable Large Employers” (“ALE”) under the Affordable Care Act (“ACA”) Employer Mandate Regulations will be required to file with the Internal Revenue Service (“IRS”) annual information...