IRS Offers Tips on Preparing for Natural Disasters
With hurricane season approaching, the IRS is offering advice to those impacted by storms and other natural disasters. The following tips may help businesses prepare for such events: Use electronic records. Businesses may have access...
Read More‘Pay or Play’ Guidance for Companies Under Common Ownership
Applicable large employers (ALEs)—generally those with at least 50 full-time employees, including full-time equivalent (FTE) employees—are subject to the “pay or play” provisions of the Affordable Care Act. If these employers do not offer affordable...
Read More
2017 ‘Pay or Play’ Penalty and Affordability Amounts Announced
The IRS has updated its existing Q&As on the Affordable Care Act’s employer shared responsibility (“pay or play”) requirements to reflect adjustments to the pay or play penalty and affordability amounts. Those adjustments are as...
Read MoreDeadline to Electronically File Returns With IRS is March 31, 2017
Employers subject to the Affordable Care Act’s (ACA) information reporting requirements are reminded that the deadline to electronically file ACA information returns with the IRS is quickly approaching. The reporting deadlines in 2017 are for...
Read More