A recent federal court ruling has invalidated the IRS’s ACA employer mandate penalty process. Learn what this means for your business and how you may be eligible for a refund.
Learn MoreLast Updated on February 25, 2025 by MyHRConcierge Small businesses with fewer than 50 full-time equivalent (FTE) employees face critical Affordable Care Act (ACA) filing requirements. Compliance is essential to avoid penalties and ensure smooth operations. This guide explores the ACA filing requirements for small groups, the role of Form 1095-B and the limitations of […]
Learn MoreLast Updated on January 28, 2025 by MyHRConcierge Two significant pieces of legislation were signed into law on December 23, 2024: the Employer Reporting Improvement Act and the Paperwork Burden Reduction Act. These laws represent a major shift in simplifying employer responsibilities under the Affordable Care Act (ACA). Here’s a breakdown of what these acts […]
Learn MoreLast Updated on September 12, 2025 by MyHRConcierge As we approach year’s end, employers must be diligent in ensuring compliance with the Affordable Care Act (ACA) reporting requirements. The ACA demands meticulous record-keeping and reporting, leaving no room for error- fFailure to do so can lead to significant penalties and fines. The following are tasks […]
Learn MoreLast Updated on October 15, 2023 by MyHRConcierge As 2024 open enrollment approaches, employers need to note a crucial update in the Affordable Care Act (ACA) affordability guidelines, as outlined in the recently published IRS Revenue Procedure 2023-29. The ACA affordability threshold is being reduced to 8.39% for 2024, down from 9.12% in 2023. This […]
Learn MoreLast Updated on June 26, 2023 by MyHRConcierge The Patient-Centered Outcomes Research Institute (PCORI) fee is an essential component of the Affordable Care Act (ACA) compliance structure. Understanding what PCORI fees are, who needs to file, when it needs to be filed, the rate at which it needs to be paid, and the form on […]
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