Resources

2019 ACA Penalty A and Penalty B

Very little has been written about the section 4980H penalty amounts for 2019. Fortunately, after reviewing the Code and figuring out the premium adjustment percentage, it is easy to determine the penalty amounts for 2019. This article explains the Code provision and the math behind the 2019 penalty amounts.

IRS Letter 226J Notice on the Rise

The IRS has begun the ACA penalty assessment process. Penalties are being assessed against those organizations determined not to be in compliance with the ACA, according to the March 2018 report from the Treasury Inspector General for Tax Administration on the Affordable Care Act.

Consumer Driven Health Plans Gaining Employer Support

Recruiting and retaining top talent is a key goal for all HR departments, and having a competitive benefits package is a must. Sometimes knowing which benefit options to offer and which to phase out can be a challenge.

Preventing a Data Breach

Today, virtually all businesses collect and store personal information about customers, employees, and others. The frequency of data breaches — the theft, loss or mistaken release of private information — is on the rise.

Tax Reform Bill Includes Repeal of Individual Mandate

On Dec. 20, 2017 Congress passed the Tax Cuts and Jobs Act, which makes significant changes to individual and corporate provisions of the U.S. tax code, including a reduction in the corporate tax rate to 21%, down from 35%, beginning in 2018.