ACA Penalties for Failure to Provide or Have Coverage Are Still Around

finance business calculation with calculator and pen on chart

There is a lot of confusion out there concerning ACA penalties. The 2018 tax act did not eliminate any employer penalties for not offering health insurance coverage. The only change was reducing the individual coverage penalty to zero – however, this change does not go into effect until 1/1/2019. Applicable large employers (ALEs) with more… [Read More]

Affordability: The IRS Speaks Again


It was just beginning to catch on that employee contributions can be no more than 9.5% of earnings. This week the IRS announced that, due to inflation indexing for 2015, this is now 9.56% of earnings for single coverage. As we get closer to the delayed first employer shared- responsibility mandate (over 100 FTEs)—effective January… [Read More]