Large employers may soon receive a notice from the IRS if they are liable for an employer shared responsibility payment for calendar year 2015 under the Affordable Care Act. The employer shared responsibility payment is the penalty assessed against an Applicable Large Employer if it does not provide affordable, minimum essential coverage to at least 70 percent of its full-time employees.
The end of every calendar year brings with it a multitude of annual payroll and Affordable Care Act reporting and filing requirements for which an employer must carefully plan ahead. XpertHR provides the resources an employer needs to successfully manage key year-end challenges and deadlines.
President Trump has issued two executive orders intended to weaken the regulatory structure supporting the Affordable Care Act. One order asks the Department of Labor to propose rules to let more employers participate in association health plans while the other halts the payment of subsidies to healthcare insurers.
More employers with religious or moral objections to providing birth control may be granted an exemption from Affordable Care Act regulations requiring them to provide coverage under two interim rules issued by the Trump administration.
XpertHR offers many tools and resources to help an employer address and manage open enrollment season.
As mandated by the Vermont Department of Taxes, employers with withholding accounts must submit Vermont Form WHT-436, Quarterly Withholding Reconciliation.
HR guidance on understanding the value of health care benefits.