How Are Employer Mandate Penalties Calculated? There are two separate penalties (an “A” penalty and a “B” penalty). An employer will never be required to pay both penalties in the same year. “A” Penalty The “A” penalty is assessed if the employer is...
98% Offer Method: Option 3 The third method available for reporting is the 98% Offer Method. To provide even greater reporting relief to reward employers offering a bronze level or higher plan at an “affordable” rate to at least 98% of the company’s...
Subscribe Email Address Submit Qualifying Offer Method: Option 2 The second method available for reporting is the Qualifying Offer Method. In an attempt to ease the reporting burden for employers who offer a plan that meets the minimum value requirement at a very low...
Great Information Better Software. If our content is useful to you, think about what our software could do. Get Started Today ACA Compliance: How to Count Full-Time Employees How Do I Know if the Employer Mandate Applies to Our Organization? Whether the Employer...
How ACA General Method Reporting Works The general method requires the greatest amount of information collection. All large employers with 50 or more full-time equivalent employees are required to use this method unless they qualify for reporting relief provided by...
Do I have to Offer Coverage Part-Time Employees? The Employer Mandate requires that companies with 50 or more full-time equivalent employees offer affordable, minimum value health insurance coverage to all full-time employees with 30 or more hours of service per week....
2014 FUTA Credit Reduction States What is FUTA? FUTA is the Federal Unemployment Tax, which provides for payments of unemployment compensation to workers who have lost their jobs. This tax is paid by employers and is not withheld from employees’ wages. The...
2014 Payroll Tax Changes Looking For Current Payroll Tax Changes? It is important to be familiar with changes in payroll taxes each year to accurately process payroll. See Current Payroll Tax Rates and Changes What’s in Store for 2014? There are a number of 2014...
