Failing to comply with ERISA can cost you. Under the DOL’s interim final rule, beginning on August 1, 2016 those same failures could cost you more, much more. It has been many years, decades in some instances, since these penalties were last adjusted for inflation. Beginning in 2017, the DOL is expected to make annual adjustments ...
Recently, the IRS provided further guidance for employers that are attempting to electronically file Forms 1094/1095. Specifically, the IRS will continue to accept returns for 2015 that are filed after the June 30th electronic filing deadline through the Affordable Care Act Information Returns (“AIR”) Program. If your ...
The Form 1095-C is new to most employers, but it’s important to remember that it’s also new to your employees. This Form may cause some confusion on the part of some of your employees. Therefore, the first step should be to verify whether the Form 1095-C is incorrect or if the employee is merely confused about the information ...
We have received multiple calls from panicked clients in the past several days due to the clients receiving Health Insurance Marketplace Notices from HHS. If you received one of these notices, please don’t panic quite yet. It does not necessarily mean that your company is subject to a shared responsibility penalty. You ...