ACA’s employer mandate postponed one year, until 2015 — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

ACA’s employer mandate postponed one year, until 2015

by on
in Office Management,Payroll Management

The IRS has postponed until 2015 the Affordable Care Act (ACA) health care reform law’s mandate for large employers to provide health insurance to full-time employees or pay a free-rider penalty. Not postponed: The Oct. 1, 2013, opening of the individual exchanges and the small business exchanges, or SHOPs.

Also not postponed: W-2 reporting of employees’ health benefits. Crucial: You also need to provide the exchange notices to all employees by Oct. 1. Reminder: You must complete Part B. (Notice 2013-45, IRB 2013-31)

PAYROLL PRACTICE TIP: The postponement gives you more time to measure your workforce using the look-back/stability safe harbors and to assess which affordability safe harbor works best for you. For more information on these safe harbors, see these articles from the Payroll Legal Alert archives:

Leave a Comment