ACA Reporting

1095-C FAQ: What employees want to know

It’s tax season again, which means a lot of paperwork, number crunching, and confusion.

For the second year, this includes the reporting employers submit about their health care plans, beginning with the distribution of the ever-confusing 1095-C. While employers have their own set of questions regarding the 1095-C, employees may not understand what their role is when it comes to reporting.

Here are some common questions that employees may ask about handling the 1095-C and how you can answer them.

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IRS extends 1095 furnishing deadline and good faith effort standard

On Friday, Nov. 18, the IRS released Notice 2016-70, which automatically extends the deadline for 1095 employee fulfillment by 30 days, and also reinstitutes the “good faith effort” standard that applied last year. Though this announcement essentially extends the same benefits employers were granted last year, the extension is shorter and does not apply to the filing deadlines.

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Nail your 2016 reporting and prepare for future health care reform

We understand that businesses’ reporting and compliance needs may change with the new administration. While President Trump works to repeal Obamacare and put his own stamp on health care reform, employers will still need to remain compliant with the current regulations. That’s why we’ve introduced a monthly subscription option for our tracking and reporting ACA solutions.

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The intelligent solution to ACA filing

The filing requirements for the Affordable Care Act (ACA) are far more convoluted than they first appear. While the simple instruction “file” doesn’t ring any immediate warning bells, the process can be long, confusing, and just shy of impossible to do correctly.

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ACA and full-time equivalency: What it really means

“Full-time employees.” The concept seems simple enough, but nothing ever is with the ACA. The forms are unclear, meticulous tracking of employee hours of service is often required, and tracking methods are complex.

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King v. Burwell Decision

The Supreme Court released their opinion on June 25, 2015 in which they rejected a challenge to the Affordable Care Act that would

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