by Editor | Dec 15, 2016 | ACA Reporting Services
OVERVIEW After hard-fought campaigns by both candidates, Republican candidate Donald Trump has been elected the 45th president of the United States. Trump’s victory in the election, along with Republican majorities retained in both the Senate and House of...
by Editor | Nov 21, 2016 | ACA Reporting Services
On Nov. 18, 2016, the Internal Revenue Service issued Notice 2016-70, which provides certain extensions related to Affordable Care Act reporting for 2016. Specifically, this notice: • Extends the due date for furnishing forms to individuals under Sections 6055 and...
by Editor | Nov 18, 2016 | ACA Reporting Services
Whether or not the Affordable Care Act can live up to its name is a bit of an open question. The worst-case scenario is clear: On the campaign trail, Trump promised to repeal and replace the Affordable Care Act, President Barack Obama’s signature health care law that...
by Editor | Nov 9, 2016 | ACA Reporting Services
The Affordable Care Act is working to make health care more affordable, accessible and of a higher quality, for families, seniors, businesses, and taxpayers alike. The White House is urging people to sign up for coverage through ObamaCare, hours after the Republican...
by Editor | Oct 20, 2016 | ACA Reporting Services
Rate hikes are likely on the way for plans offered on online insurance exchanges, or marketplaces, created by the Patient Protection and Affordable Care Act (PACA), according to a report from Kaiser Health News (KHN). Consumers’ out-of-pocket costs are expected to...
by Editor | Oct 13, 2016 | ACA Reporting Services
The Internal Revenue Service (IRS) has released final 2016 forms for reporting under Internal Revenue Code (Code) Sections 6055 and 6056. – Forms 1094-B and 1095-B are used by entities reporting under Section 6055, including self-insured plan sponsors that are...