Understanding the ACA Reporting Requirements for 2017:
New Rules, New Responsibilities
Yes, health care information reporting is still required this winter and into the foreseeable future, too. And now is crunch time for your 2016 health care information reporting. Is your organization ready?
The first year of employer Affordable Care Act reporting did not go smoothly, but that was to be anticipated. The IRS ended up extending the due dates and giving employers "good faith" relief for their mistakes. The IRS is again extending some deadlines for 2016 reporting (but not others). And that's not the end of the story. WARNING: Penalties have more than doubled for filing incorrect information returns, including Forms 1095! So the pressure is on to get it right the first time.
On Wednesday, January 18, join your peers for a complete primer on the health care information reporting rules. Learn the step-by-step requirements for completing each form correctly the first time, so you can avoid costly penalties.
These IRS reporting requirements are the single most important addition to your duties in a generation. And they continue to generate tons of confusion in the employer community:
- Who has to file these forms this year?
- Which form do we file—Form 1095-C or 1095-B?
- What are the deadlines?
- Must all employees be given the forms?
- What counts as an "offer of insurance”?
- Can we be penalized if an employee turns down our offer of health insurance?
- What's an authoritative transmittal?
- What happens if we don't have a dependent's Social Security number?
- What's a limited non-assessment period?
Get answers to these questions—plus your specific ACA reporting questions—from a true payroll expert, attorney Alice Gilman, editor of Payroll Legal Alert.
It's no secret that Congress and President-elect Trump want to repeal or rewrite the ACA. But any changes will take months or years to implement. This webinar will ensure that you're in total compliance with the ACA in 2017, including the dreaded employer mandate, because it's still on the books. You'll discover:
- How to tell whether the health coverage you offer is "affordable” and provides "minimum value”
- How cafeteria plan benefits and wellness benefits factor into the affordable/minimum value determinations
- To whom offers of health coverage must be made
- Why it's crucial to get employees' waivers of coverage in writing
- How to track the data you'll need to complete the forms
- Which reporting regimen—the IRS has very generously given you three to choose from—will work best for you
- What you need to know about the affordability "safe harbors” that can help you avoid the employer mandate penalty
- When you must provide employees with their forms and when you must file with the IRS
It's crunch time for health care information reporting. But you don't have to be crunched. On January 18, learn how to get in compliance with the confusing ACA reporting rules so you can make this reporting a non-event in the future.
Pat DiDomenico, Editorial Director
Business Management Daily
P.S. Registration Bonus. Everyone who registers for the webinar will receive a copy of the 2017 Payroll Checklist. This 14-page, step-by-step compliance guide will notify you of each deadline and action item required for every pay period, month and calendar quarter of 2017. The handy checklist will walk you through an entire year of payroll compliance. The checklist has been recently updated to include every step of compliance with the Affordable Care Act.
P.P.S. Extra Added Bonus. You'll also get a full month of access to PayrollLegalAlert.com — our exclusive, members-only website packed with helpful articles, forms, tables and charts will help you improve every aspect of your payroll operation. So that you continue to benefit from PayrollLegalAlert.com, we'll continue your access automatically for just $89 per quarter, until you tell us "no, thanks” — your choice.
P.P.P.S. We promise you'll be satisfied. If the webinar fails to meet your needs in any way, we will refund 100% of your tuition—no hassles, no questions asked. Your conference materials, website access and registration bonus are all yours to keep.
CD Recording & Download: $197
Webinar, CD Recording & Download: $297
Since this is a webinar, you and your entire staff can attend in the comfort of your office or conference room for one low price! You may include as many people as you wish while listening on a single phone line or computer. Contact us for multi-site discounts.
About Your Speaker:
Alice Gilman, Esq., is an expert in payroll and tax compliance who has covered payroll issues for more than 26 years. She's written and edited several leading payroll publications, including Business Management Daily's Payroll Legal Alert, the Research Institute of America's Payroll Guide, Prentice Hall's American Payroll Association's Basic Guide to Payroll and the Payroll Manager's Letter. She's also the editor of Business Management Daily's Payroll Compliance Handbook and The Complete FLSA Compliance Kit.
Each webinar attendee will receive a copy of our 2017 Payroll Checklist. This 14-page, step-by-step compliance guide will notify you of each deadline and action item required for every pay period, month and calendar quarter of 2017. The handy checklist will walk you through an entire year of payroll compliance. The checklist has been recently updated to include every step of compliance with the Affordable Care Act.
Extra Added Bonus:
You'll also get a full month of access to PayrollLegalAlert.com — our exclusive, members-only website. Our helpful articles, forms, tables and charts will help you improve every aspect of your payroll operation — and your website also includes the comprehensive Payroll Compliance Handbook. So that you continue to benefit from PayrollLegalAlert.com, we'll continue your access automatically for just $89 per quarter, until you tell us "no, thanks” — your choice.
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||Business Management Daily is recognized by SHRM to offer Professional Development Credits (PDCs) for SHRM-CP or SHRM-SCP.