Take Note: Your Notices of Healthcare Coverage Should Arrive Soon

Posted By bahim on Dec 8, 2021

As an individual, you are subject to the rules of the Affordable Care Act with regard to minimum essential healthcare coverage. For those of you covered under an employee-sponsored healthcare plan, it is important to understand notice deadlines so that you can begin gathering your documents for tax season. How large is your employer? If you work for an Applicable Large Employer (ALE) which employs 50 or more full-time employees on...

Employers Take Note: ACA Reporting Deadline Approaches

Posted By bahim on Dec 8, 2021

As we approach the end of the year, employers should begin to prepare for tax season. Per the Affordable Care Act, you are required to file a number of forms with the IRS as well as send notices to your employees. Who must report? Applicable Large Employers (ALEs), defined as a business which employs, on average, 50 or more full-time workers. Any employer can qualify as an ALE, including tax-exempt organizations and government...