Affordable Care Act (ACA) compliance and reporting—don’t do it right and your business will face major penalties.
With healthcare costs on the rise and large companies like Google offering monstrous employee perks like free meals, childcare, oil changes, yoga, and massages, it can be hard for your small or mid-size business to keep up to recruit employees. Additionally, keeping employees satisfied is posing more difficulties.
The ACA is stirring up a lot of angst among employers and Human Resources professionals. It’s no news to anyone the ACA Shared Responsibility Reporting could reap major financial consequences for any company not in compliance.
But those penalties just got bigger.