What is the Affordability Percentage Adjustment for 2021?
The Internal Revenue Service (IRS) has released Rev. Proc. 2020-36, which contains the inflation adjusted amounts for 2021 used to determine whether employer-sponsored coverage is “affordable” for purposes of the Affordable Care Act’s (ACA) employer...
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Carrier Premium Credits and ERISA Fiduciary Obligations
Due to COVID-19 and state and local stay-at-home orders, some carriers recently notified employers that they will be issued premium credits. When asking how these premium credits should be treated by the employer, we often...
Read MoreForms 1095-B and 1095-C Furnishing Deadlines Extended
Good Faith Penalty Relief Also Extended The IRS has extended the due dates for furnishing 2017 Forms 1095-B and 1095-C to covered individuals and full-time employees, respectively, from January 31, 2018, to March 2, 2018. The IRS has...
Read MoreUpcoming Webinars
Employer’s Guide to ACA Reporting December 12, 2017 2 pm ET Click to learn more and register During this one hour webinar Stacy Barrow provides a practical discussion on the employer reporting requirements. The webinar...
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