Posts Tagged ‘affordable care act’
5 Simple Tips Employers and Insurance Providers Need for 2023 ACA Reporting
We are a few weeks into the new year, and employers and health insurance providers should begin their ACA (Affordable Care Act) reporting process if they haven’t already. This can be a lengthy and complex process and requires preparation. Starting early is the best way to ensure a successful reporting season for your business organization.…
Read MoreAvoiding ACA Penalties: Understanding IRS Letter 226-J
Affordable Care Act (ACA) compliance and reporting is complex and very different from other federal regulatory requirements. If you are an Applicable Large Employer (ALE) with 50+ full-time employees (or full-time equivalents), receiving an ACA penalty for noncompliance will be costly, often tens or hundreds of thousands of dollars. It is prudent to seek experienced…
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