If you’re in HR or payroll, you’re no stranger to compliance management, forms, and deadlines—though keeping them all in order may be a different story. We want to be sure you’re equipped with the right information to keep everything on track year after year, from ACA to FLSA.
That’s why we put together the HR and payroll compliance calendar every year, to bring you an important list of dates and deadlines you need to know to help keep compliance on track for your workplace. Check out our latest calendar for 2019.
At the end of 2017, the IRS began sending Letter 226J to Applicable Large Employers (ALEs) as a proposed assessment of Employer Shared Responsibility Payments (ESRPs) under the Affordable Care Act. If the IRS determines one or more full-time equivalent employees enrolled to receive health care coverage on a government exchange and received a premium tax credit/federal premium subsidy, they will send this proposed assessment letter to the employer. This is the first step in the process to enforce ESRP requirements under the ACA.
Keeping up with the news on the Affordable Care Act is difficult, and maintaining ACA compliance can feel like a full-time job. Over the years, we’ve worked hard to provide you with educational resources to help you stay up to date and manage ACA compliance in your organization. To continue in that effort, we’ve put together a (really) long list of frequently asked questions employers and HR professionals have about ACA reporting requirements to be sure you’re prepared when the 2018 ACA deadlines roll around.
While the future of healthcare in America has been uncertain for most of this year, the ACA 2017 reporting deadline is right around the corner. After a year of back and forth, we’ve reached a point where we know not much can change on Capitol Hill between now and the looming 2018 deadline. To best manage and report on ACA compliance, there's a lot you need to know about the employer provisions that affect many U.S. employers.
As an HR manager, you need to know the ins and outs of these provisions so you can proactively manage ACA compliance in your organization. That starts with knowing your ACA vocabulary—what do all those acronyms mean anyway?