By Michael WeiskirchPrincipal, EmployeeTech In his dissenting opinion, Supreme Court Justice Samuel Alito described yesterday’s decision as an “epic trilogy”. The very first case in 2012 was a 5-4 decision and yesterday’s ruling ended in 7-2 in favor of The Affordable Care Act. The ruling for the case known as California vs. Texas held that […]
read moreBy Michael Weiskirch Principal EmployeeTech If you are over 50 FTEs, The ACA has been part of your annual benefits routine for the past six years. Yet, after all this time employers are struggling with their ACA reporting. We have seen several issues pop up over the last few years based on changes in state […]
read moreWhen: Wednesday October 14th at 1 PM CST (12 EST, 11 MST and 10 PST)Duration: 45 minutes plus questionsWho Should Attend: Benefits managers, consultants and anyone interested in the ACA Register Here Webinar DescriptionOnce again, the Affordable Care Act (ACA) has become a front and center issue for many employers and their employees. New state-based mandates go into effect […]
read moreThe 2020 draft forms for ACA – 1094 and 1095 were introduced last week by the IRS. For the first time in several years we have seen some significant changes to this required employee 1095 form. There were not changes to the 1094 employer form. The draft forms can be found here. The first notable […]
read moreThere’s no better time to know if you did Michael Weiskirch, Principal EmployeeTech The pandemic, the great worldwide experiment in remote engagement, has forced us to rethink our work in profound ways. In person meetings use to be the norm for many companies often creating challenges to line up schedules. Suddenly we found greater flexibility […]
read moreBelow please find the final version of 1095 B and C forms for tax year 2019. As referenced in an earlier post there are no structural changes to the forms for 2019.
read moreThis morning the IRS (in a notice) has delayed the deadline for providing 1095 B and C forms to employees by 30 days. The revised deadline is now Monday March 2, 2020. Other Clarifications The IRS has also clarified in this notice the reduction of the individual penalty to $0 for 2019. At the same […]
read moreNormally the IRS releases their draft forms in the July August time frame and follows through with the approved version sometime in early fall. For the first time the IRS has delayed the release of the draft forms for about three months leading to speculation on possible significant changes to the form structure or delivery […]
read moreClients hate renewals. Health plan rates will likely change year to year, and mostly in the wrong direction. Even though some changes can be for the positive, they often require some form of decision and possibly re-enrollment. This translates to more work for HR. And, these changes also demand action by employees to make decisions […]
read moreHow the Executive Order concerning the Individual Mandate as well as state laws affect you and your employees starting this year On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act bill of 2017 into law. The resulting piece of legislation, which will take effect this year (tax year 2019), will abolish […]
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