The ACA Times

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  • March 31 is the Deadline for E-Filing ACA Returns With the IRS

    March 31 is the Deadline for E-Filing ACA Returns With the IRS

    2 minute read: March 31, 2021, is the deadline for e-filing ACA returns, Forms 1094-C and 1095-C, to the IRS for the 2020 tax year as required by the ACA’s The post March 31 is the Deadline for...

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  • FTB to Publish Employer California Reporting Non-Compliance Data

    FTB to Publish Employer California Reporting Non-Compliance Data

    3 minute read: Employers should be aware that data concerning non-compliance with California’s Individual Mandate will be publicly reported and published annually by the California Franchise Tax...

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  • New Stimulus Plan Expands PTC Eligibility, Employer Penalties

    New Stimulus Plan Expands PTC Eligibility, Employer Penalties

    3 minute read: President Joe Biden recently signed into law the American Rescue Plan (ARP) and it includes provisions that make ACA healthcare coverage more accessible to Americans. The $1.9 The...

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  • What Biden’s New HHS Secretary Could Mean for the ACA

    What Biden’s New HHS Secretary Could Mean for the ACA

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  • What Employers Need to Know About the Employee Retention Credit

    What Employers Need to Know About the Employee Retention Credit

    3 minute read: Earlier this month, President Joe Biden signed into law the $1.9 trillion American Rescue Plan Act. Among the provisions included in the package is an extension of The post What...

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  • How The Raise the Wage Act Could Impact ACA Compliance

    How The Raise the Wage Act Could Impact ACA Compliance

    3 minute read: The Congressional Budget Office (CBO) issued a report last month that outlines the budgetary effects on American employment if the Raise the Wage Act of 2021 is The post How The...

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  • The IRS is Issuing ACA Penalty Letter 226J for 2018

    The IRS is Issuing ACA Penalty Letter 226J for 2018

    3 minute read: The IRS has begun to issue Letter 226J penalty assessments to employers that failed to comply with the ACA’s Employer Mandate for the 2018 tax year. If The post The IRS is Issuing...

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  • What Employers Need to Know About the 2020 ACA 1095-C Codes

    What Employers Need to Know About the 2020 ACA 1095-C Codes

    3 minute read: ACA reporting for the 2020 tax year will be different from years past because of the new Individual Coverage Health Reimbursement Arrangement (HRA) codes. These new codes, The post...

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  • Employers May Face Additional Challenges with 2020 ACA Reporting

    Employers May Face Additional Challenges with 2020 ACA Reporting

    3 minute read: With the 2020 ACA filing deadlines fast approaching, employers will be met with additional reporting challenges due in large part to the COVID-19 pandemic. From determining...

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  • Biden’s Affordable Care Act Advancements are Underway

    Biden’s Affordable Care Act Advancements are Underway

    3 minute read: Since the Biden Administration took office a few weeks ago, changes to help bolster the Affordable Care Act are already underway. President Joe Biden has already signed The post...

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  • California Individual Mandate Penalties Will be Issued in 2021

    California Individual Mandate Penalties Will be Issued in 2021

    3 minute read: State residents of California who failed to obtain health coverage during the 2020 tax year could see a penalty notice from the state as a part of The post California Individual...

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  • Most Frequently Asked ACA Questions for Employers and Individuals

    Most Frequently Asked ACA Questions for Employers and Individuals

    3 minute read: The Patient Protection and Affordable Care Act (ACA) is a comprehensive healthcare reform law enacted under President Barack Obama in 2010. The implementation of the ACA...

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  • Five Resources Essential for ACA Compliance in 2021

    Five Resources Essential for ACA Compliance in 2021

    3 minute read: 2021 is well underway and with the Biden administration likely to ramp up legislation around the ACA, employers need to be sure they are compliant with the The post Five Resources...

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  • Taxpayers (Including Employers) Have the Right to the Challenge IRS

    Taxpayers (Including Employers) Have the Right to the Challenge IRS

    3 minute read: The IRS has a Taxpayer Bill of Rights, which includes a section stating every taxpayer’s “right to challenge the IRS’s position and be heard.” These fundamental rights The post...

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  • Wage Fixing Indictment Has Implications for Employers

    Wage Fixing Indictment Has Implications for Employers

    3 minute read: A recent federal wage-fixing indictment against the former owner of a health care staffing company indicates that the Department of Justice’s Antitrust Division is taking a...

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  • California Individual Mandate Final Regulations Have Been Updated

    California Individual Mandate Final Regulations Have Been Updated

    3 minute read: The California Franchise Tax Board (FTB) has released detailed information pertaining to the state’s Individual Mandate as the furnishing deadline for self-insured employers draws...

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  • The IRS is Issuing ACA Penalty Letter 5005-A For The 2017 Tax Year

    The IRS is Issuing ACA Penalty Letter 5005-A For The 2017 Tax Year

    3 minute read: The IRS has begun issuing Letter 5005-A, Information Return Penalty Notice (Form 1094-C or 1095-C) (“Letter 5005-A”), for the 2017 tax year, demonstrating their efficiency at...

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  • Don’t Forget The New 1095-C Codes Specific to The 2020 Tax Year

    Don’t Forget The New 1095-C Codes Specific to The 2020 Tax Year

    2 minute read: Every year Applicable Large Employers (“ALEs”) must file Forms 1094-C and 1095-C with the IRS and furnish Forms 1095-C to employees considered full-time under the Affordable...

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  • ACA Improvements to Expect from the Biden Administration

    ACA Improvements to Expect from the Biden Administration

    3 minute read: The inauguration welcoming president-elect Joe Biden to the White House is imminent and with the recent shift in majority control of the Senate, we can expect a The post ACA...

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  • PPP Loans Are Now Available, Both First Draw and Second Draw PPP Loans

    PPP Loans Are Now Available, Both First Draw and Second Draw PPP Loans

    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...

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