The IRS is once again receiving reports of fraudulant notices. Find out more about the scam and who's at risk.
- Category: Affordable Care Compliance
Affordable Care Compliance
Optimum HRIS can help you tackle the ever-changing requirements of the Affordable Care Act.
What is the Affordable Care Act?
The Affordable Care Act (ACA), also known as ObamaCare, is the health care reform program that took effect in the United States on March 23, 2010 and requires all U.S. citizens to have healthcare.
How do I determine my company’s requirements and what it is eligible for?
You can find out your requirements and benefits based upon your employer size. Are you a small or large employer? Employer size is based off of number of employees. An applicable large employer (ALE) has an average of at least 50 full-time employees. A full-time employee generally means they work on average at least 30 hours per week.
Visit www.irs.gov to find more information for ALEs.
How does Optimum keep their clients complaint?
Optimum Solutions is keeping up with the ACA to make data capture for your reporting requirements as painless as possible. Optimum HRIS provides the required Average Hours Worked report to assist with determining which employees are considered full-time equivalents as well as Forms 1094 and 1095. Additionally, Optimum has a report which will determine an employee’s healthcare affordability under the minimum essential coverage regulations. Optimum continues to stay informed of upcoming ACA requirements to keep our clients compliant.
Optimum was proactive in the development, execution, and communication of the 1095-C process. This proactive approach allowed Norfolk Iron to send the 1095-C forms to all employees at the same time we sent the W-2s, where other payroll vendors and companies were still wondering how to comply with this process. We appreciate that Optimum provided information through webinars and updates, but more importantly, their professional and timely customer service.
Human Resources Director Jay Fleecs, Norfolk Iron & Metal
Find out how to deal with errors that arise when submitting electronic ACA files through AIRS.
Find out if the ACA affects disposable wages.
You keep hearing them, so find out what those popular ACA acronyms mean!
Learn more about this informational teleconference held by the IRS.
Find out what changes have recently been made to the reporting deadlines for ACA.
Find out how to resubmit a Form 1095-C if originally submitted with incorrect information.
Learn more about ACA and how it affects employers' insurance reimbursements.
If you don’t already have a plan for ACA, it’s time to figure out how to handle your data in order to avoid potential penalties.
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I have worked with several different payroll systems in my career and your program is far and away the best I have ever used, but what makes your company so special to me is the Customer Service Representatives.