FCCI Insights | Reguations

More Tips On Avoiding Penalties During ACA Information Reporting

Employers have lost a significant margin of error when it comes to ACA information reporting in 2016. As previously discussed, as the good faith standard for incomplete or inaccurate reporting no longer applies for 2016 reporting, the need for compliance is more vital now than before.

Forms..

More Tips On Avoiding Penalties During ACA Information Reporting

How Will COBRA Coding Change In 2016?

How Will COBRA Coding Change In 2016?

The IRS has released the draft Form 1095-C, which clarifies coding for coverage for COBRA. At the start of 2016, the FAQ section of the IRS site no..

The ACA’s 2016 Reporting Forms Are Changing: View The IRS Drafts

The ACA’s 2016 Reporting Forms Are Changing: View The IRS Drafts

Over the past two months, the IRS has gradually rolled out ACAreporting forms for 2016. So far? 1094-B and 1095-B have been changed, as well as ..

Breathe A Sigh Of Relief: AIR Is Still Available

Breathe A Sigh Of Relief: AIR Is Still Available

Many employers have struggled with their health care information reporting for the 2015 tax year. Those difficulties include confusing forms, tedious..

The Nondiscrimination Provision of the ACA Comes Into Effect On July 18th

The Nondiscrimination Provision of the ACA Comes Into Effect On July 18th

Section 1557 of the Affordable Care Act was finalized on May 18, 2016, and will be coming into effect two months from that date on July 18, 2016...

Congress Suspends “Cadillac” and Medical Device Taxes

Congress Suspends “Cadillac” and Medical Device Taxes

Congress has delayed for two years implementation the Affordable Care Act’s controversial “Cadillac Tax” on costly plans, suspended for two years..

Compliance Checklist for Employers

Compliance Checklist for Employers

A reference tool to help understand what is required for them to comply with the Act, and the timeline for compliance, has been prepared by the law..

16.4 Million More Insured Because of ACA

16.4 Million More Insured Because of ACA

The Act has resulted in a 16.4 million increase in the number Americans having , according to the White House.

The administration released the figure..