Month: April 2021

SyncStream Named One of the Best Entrepreneurial Companies by Entrepreneur Magazine

SyncStream Solutions Named One of the Best Entrepreneurial Companies in America by Entrepreneur Magazine’s Entrepreneur360™ List NEW ORLEANS—January 23, 2018—SyncStream Solutions, a company specializing in compliance solutions for the Affordable Care Act (ACA) and EEOC reporting regulations, placed 66th on Entrepreneur magazine’s Entrepreneur360™ list for 2018. The list recognizes entrepreneurial businesses that are mastering the art and science of growth, and ranks …

SyncStream Named One of the Best Entrepreneurial Companies by Entrepreneur Magazine Read More »

ACA Reporting Penalties and IRS Letters

SyncStream has retained a number of leading experts on the Affordable Care Act who have helped thousands of companies mitigate their ACA penalties. Penalties for Employer Mandate (4980H) or Employer Reporting (6055 & 6056) including but not limited to: Noncompliance Late Filing Failure to file “Potential” noncompliance Letter 5699, Missing Information Return Form 1094/1095-C, is …

ACA Reporting Penalties and IRS Letters Read More »

The IRS is enforcing additional ACA penalties: Are you at risk?

Written by Stacy Barrow, Chief Legal Consultant, SyncStream Solutions What’s worse than one penalty? Mounting penalties. As we are several years into compliance with the ACA’s employer mandate, you may have received, or are familiar with other companies receiving, a Letter 226J penalty notice from the IRS if the IRS determines that, for at least …

The IRS is enforcing additional ACA penalties: Are you at risk? Read More »

Employers: It’s not too late to complete your ACA filings

Written by Stacy Barrow, Chief Legal Consultant, SyncStream Solutions The final deadline for Affordable Care Act (ACA) reporting was on March 31, 2021. Are you an applicable large employer (ALE) that missed this e-filing deadline for ACA Forms 1094-C and 1095-C? If you’re uncertain about the ACA reporting requirements and deadlines, here’s a quick breakdown: …

Employers: It’s not too late to complete your ACA filings Read More »

DOL Releases Model Notices on COBRA Premium Assistance

On April 7, 2021, the U.S. Department of Labor (DOL) released a link to its webpage dedicated to the COBRA premium assistance authorized under the American Rescue Plan Act, 2021 (ARPA), the third COVID-19 stimulus bill.  The webpage includes model notices, frequently asked questions, and related information.  With the exception of the model notices, the guidance appears targeted …

DOL Releases Model Notices on COBRA Premium Assistance Read More »