ACA Ruled Unconstitutional – Law Remains in Effect During Appeal

ACA Ruled Unconstitutional – Law Remains in Effect During Appeal On Dec. 14, 2018, U.S. District Judge Reed O’Connor issued a ruling that determined the Affordable Care Act (ACA) is unconstitutional because of last year’s change to the federal tax law that zeroed out the ACA’s individual mandate penalty. The ruling was in favor of [...]

By |2018-12-20T00:07:42+00:00December 20th, 2018|Affordable Care Act|

IRS Extends 2018 Reporting Due Dates for 1095 Forms Sent to Individuals

IRS Extends 2018 Reporting Due Dates for 1095 Forms Sent to Individuals On Nov. 29, 2018, the Internal Revenue Service (IRS) announced extended deadlines for 2018 Minimum Essential Coverage (Section 6055) and Large Employer Shared Responsibility (Section 6056) reporting due to individuals in early 2019. The extended deadlines are as follows: 2018 Forms Sent to [...]

By |2018-12-20T00:02:06+00:00December 20th, 2018|Affordable Care Act, IRS|

ACA Affordability Percentages for 2019

The IRS announced the affordability percentages for 2019. These percentages apply for three purposes: Employer Shared Responsibility Individual Mandate Exemption Premium Tax Credit Availability (to an individual) Employers are most interested in the first one listed above. Under the Employer Shared Responsibility provisions, large employers who do not offer affordable, minimum value coverage face potential [...]

By |2018-05-26T00:00:04+00:00May 26th, 2018|Affordable Care Act|
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