ACA

Who Has To Provide 1094/1095-C Statements to Employees and the IRS?

Who Has To Provide 1094/1095C Statements to Employees and Information to the IRS? Question The insurance carrier confirmed that the Form 1095-Bs were filed for the fully insured plan, so does th...

UnitedHealthcare Updates Guidance for 2023 ACA IRS Reporting

[UPDATED] Based on IRS direction and in accordance with Individual Mandates, UnitedHealthcare has updated guidance for posting and notifying fully insured subscribers of annual tax forms.

Amwins Connect - March 2024 Question of the Month

Amwins Connect – March 2024 Question of the Month Question What is the penalty for failing to prepare and submit Forms 1094 and 1095 (B or C)? Answer Employers that fail to file, file late...

Employer Reporting Tip - ACA Reporting Deadlines

Employer Reporting Tip - ACA Reporting Deadlines February 29, 2024 Question Are there extensions available for the ACA employer reporting deadlines? Answer The ACA employer reporting de...

Webinar Replay: Employer Mandate Requirements and Premium Tax Credit Eligibility

IRS Updates - 4980H Penalties and Premium Tax Credit Eligibility February 14, 2024 The IRS released 2025 4980H penalty amounts and updated FAQs regarding premium tax credit eligibility, so this ...

ACA 1094 and 1095 Submission Deadlines - Employer ReportingTip

ACA 1094 and 1095 Submission Deadlines - Employer Reporting Tip Question When are the ACA employer reporting forms (Form 1094 and Form 1095s) due? Answer Copies of Form 1095s (1095-B or...

IRS Announces 2025 Decreases for Employer Shared Responsibility Penalties

IRS Announces ACA Penalties for 2025 Under Code §4980H (a) and (b) February 2024 On February 12, 2024, the IRS released Rev. Proc. 2024-14 to provide the adjusted excise tax amounts under the Af...

2024 Federal Poverty Levels (FPL) Guidelines Released

2024 Federal Poverty Levels (FPL) Guidelines The Department of Health and Human Services (HHS) released the 2024 federal poverty guidelines. For purposes of calculating affordability under §4980...

Most Common ACA 1094/1095 Errors - Employer Reporting Tip

Most Common ACA 1094/1095 Errors - Employer Reporting Tip February 1, 2024 Question What are the most common employer reporting errors? Answer As experts assist with Letter 226J appeals...

Amwins Connect - February 2024 Question of the Month

Amwins Connect – February 2024 Question of the Month Question How does an ALE (Applicable Large Employer) pick an affordability safe harbor? Answer If an ALE's offer of minimum value ...

ACA Employer Mandate Reporting - Employer Reporting Tip

ACA Employer Mandate Reporting - Employer Reporting Tip Q: If related entities that are applicable large employers (50 or more FTEs) share benefit plans, do they report together? A: No. Offer of...

ACA Employer Reporting Summary

ACA Employer Reporting Summary January 2024 Certain employers, plan sponsors, and insurers are required to report health plan information and participant coverage data to the IRS each year. The ...