The ACA Times

2 minute read: Last Friday, the Small Business Administration (SBA) announced that the Paycheck Protection Program (PPP) will reopen this week with First Draw PPP loans to be available...

3 minute read: The results from last week’s Senate runoff race in Georgia have given Democrats control of the Senate, paving the way for Joe Biden’s presidency and his agenda The post Democrats...

2 minute read: At the dawn of 2021, the Affordable Care Act (ACA) is poised to continue to be central to the health and wellbeing of millions of Americans. A The post The ACA is Central to...

3 minute read: The new year is here, and with it a laundry list of items to be sure your organization has a handle on, including ACA reporting with the The post Employers, Mark These Key 2021...

3 minute read: The California Franchise Tax Board (FTB) just published Final Regulations on the Individual Shared Responsibility Penalty. The California Individual Mandate, in effect since January...

3 minute read: With the New Year around the corner, employers should begin preparing their ACA Forms 1094-C and 1095-C if they haven’t already begun to do so. Each year, The post Minimize...

2 minute read: The IRS has released the PCORI fee for plans that end on or after October 1, 2020 and before October 1, 2021.  For plans that end on The post The Annual ACA PCORI Fees are...

3 minute read: On December 1, the IRS announced updates to the services it will be processing as a part of its mission-critical functions. Among the processes are ACA employer The post ACA...

3 minute read: With less than 30 days left in 2020, employers should begin to prepare their ACA filings with the IRS. Despite ACA reporting having been required for the The post The Most Commonly...

2 minute read: IRS Notice 2020-76 provided for a 30-day extension for the furnishing deadline of IRS Forms 1095-C and extended “Good-Faith Relief” from penalties under IRC Sections 6721 and The...

2 minute read: Every year Applicable Large Employers (ALEs) must file and furnish their ACA information to the IRS and their employees, respectively. Failing to do so can result in The post Meet...

2 minute read: The IRS has released the final versions of the ACA reporting Forms 1094-C and 1095-C, in addition to the reporting instructions for the 2020 tax year, to The post IRS Issues Final...

2 minute read: President-elect Joe Biden’s term will begin in a few short months and as he promised during his campaign, there will be a number of advancements made to The post Biden’s ACA...

3 minute read: Earlier this year, the IRS issued the 2021 employer mandate penalties under IRC 4980H(a) and 4980H(b). It should come as no surprise that the penalty amounts have The post ACA...

3 minute read: The Affordable Care Act may have avoided the possibility of being removed once and for all, as the Supreme Court hearing last week suggests. The California v. The post ACA Likely to...

2 minute read: With everyone’s attention focused on the results of the presidential election, folks may not realize that California Prop 22 will pass. As of November 6, the status The post Prop 22...

2 minute read: On November 2, 2020, the IRS announced several changes to its collection procedures to assist struggling taxpayers impacted by COVID-19. These changes include: Taxpayers who qualify...

3 minute read: Heading into Election Day, a record-breaking one million Americans cast their ballots early, creating a myriad of potential challenges for determining a clear victor in the 2020 The...

3 minute read: Heading into Election Day, a record-breaking one million Americans cast their ballots early, creating a myriad of potential challenges for determining a clear victor in the 2020 The...