Dear Jon, We have 80 full-time employees and offer a health benefit plan to only about 15 of our people (primarily management). We understand that in 2016 we must offer a health plan to the rest of our employees, but how do we identify the individuals to whom we should offer or are required to ...
Dear Jon We have a large farm that operates in Salinas, California, and Yuma, Arizona. We have employees working for us during part of the year in Salinas from May through October and in Yuma from November through April. The Salinas and Yuma operations are different companies, but they are owned by the same ...
Dear Jon We offer a health benefit plan now to our full-time employees and understand that the employees we currently consider seasonal may in fact be full-time. We will offer them benefits next year. My question is about penalties. I know about the employer mandate penalty but I’ve heard there are penalties for failing ...
Dear Jon, We have 60 full-time employees year-round and for about six months of the year we employ 250 seasonal employees. The seasonal employees typically work 40-60 hours a week. We have two different seasons: March through May and September through November. We offer a health benefit plan to our full-time employees; do we need ...
Dear Jon, We are a large employer. I’ve been trying to stay on top of the rules relating to large employers and their IRS reporting obligation under the Affordable Care Act (ACA) but I have a few questions. Are the reporting forms final yet? Which employees do I report about and which can I exclude? ...
If you have submitted your 1094-C and 1095-C tax forms with incorrect information, the Internal Revenue Service requires employers to timely correct the information, refile the forms and re-furnish them to employees. These information returns must be filed timely and accurately or penalties may apply; however, the IRS has stated that there is relief in ...
Leave laws are complex and employers face serious compliance challenges tracking the eligibility of their employees’ leave of absences. If an employer fails to comply with state or federal leave of absence laws or their own company policies, it can face potential liability. As an employer, it is important to minimize the effects an employee’s ...
In October 2020, the Departments of Health and Human Services, Labor and Treasury (the “Departments”) released the Transparency in Coverage Final Rules (TIC) to require health plans to provide greater cost transparency. Two months later, the Consolidated Appropriations Act of 2021 (CAA) was signed into law, representing the most significant changes to the private insurance ...
The due date for e-filing your 2017 Form 1094-C and 1095-Cs Forms with the Internal Revenue Service is Monday, April 2, 2018. Failure to file timely may subject you to Affordable Care Act reporting penalties. For those in need of an extension, you can file Form 8809 for an automatic 30-day extension. To assist members with ...