Pay or Play Affordability Percentage Will Decrease for 2024
SUMMARY: The IRS has announced the affordability percentage that will apply under the ACA’s pay or play rules for plan
SUMMARY: The IRS has announced the affordability percentage that will apply under the ACA’s pay or play rules for plan
Summary EFFECTIVE DATE: June 1, 2023 Under Section 204 (of Title II, Division BB) of the Consolidated Appropriations Act 2021
Even though the IRS, cautioned employers last year not to expect future extensions to the January 31st deadline for filing
EFFECTIVE DATE: January 1, 2023 On October 13, 2022, the IRS published a final rule that seeks to address the
WHAT IS A 5500? Simply, a 5500 is a form; an annual report that employers will use to file. This
Employers must now justify mandatory coronavirus testing for workers, the Equal Employment Opportunity Commission (EEOC) said in a July 12