Fernanda Caceres’ Post

With 2025 fast approaching, year-end responsibilities—like those tied to the Affordable Care Act’s Employer Mandate—always seem to come around faster than expected. If you’re already feeling the pressure, don’t’ worry. There’s a way to stay ahead of it. Join RPI Consultants' Valerie Holschen and ADP’s Wendy Delgado-King on Friday, December 6, at 11:00 AM EST, as they share proactive solutions for helping you manage ACA requirements and minimize penalty risk. After this session, you’ll gain: ✅ Strategies for using technology to simplify ACA compliance 📊 Insights into avoiding penalties and navigating legislative changes 📂 Takeaways on leveraging data to ensure compliance Ready to make year-end a little easier? Tap the link to register today >>> https://hubs.la/Q02Z28vB0 #ACACompliance #HumanCapitalManagement #Webinar #ADP

Electronic Filing of ACA Returns The Affordable Care Act (ACA) created reporting requirements under Internal Revenue Code (Code) Sections 6055 and 6056. Under these rules, certain employers must provide information to the IRS about the health plan coverage they offer (or do not offer) to their employees. Under the original rules, any reporting entity that was required to file at least 250 individual statements under Sections 6055 or 6056 had to file electronically. However, in 2023 the IRS released a final rule implementing a law change by the Taxpayer First Act of 2019, which lowers the 250-return threshold for mandatory electronic reporting to 10 returns. As a result, most reporting entities are now required to complete their ACA reporting electronically. For more Info, Click the Link below! https://lnkd.in/gtBrjyRv

Is your business ready for Affordable Care Act (ACA) reporting? Navigating the complexities of ACA compliance can be overwhelming, but it doesn't have to be. Whether you're a small business or a larger organization, ensuring you're meeting all reporting requirements is crucial to avoid costly penalties and stay in compliance. Get peace of mind and focus on growing your business while I handle the ACA details. Let's start the conversation today! #acacompliance #businessconsulting #compliancesolutions #businessgrowth #riskmanagement

Our August ACA Compliance article discusses the impact of 5th Circuit Ruling on free preventive care and ACA Reporting Deadlines for 2024-2025. https://smpl.is/9g0zp

Common Challenges in ACA Reporting and How to Avoid Them For employers subject to the Affordable Care Act (ACA), annual data collection and reporting can be a complex process with various potential pitfalls. Accurate reporting is important to avoid penalties and ensure compliance. Here are some common challenges in ACA reporting and tips to navigate them effectively. Read more here - https://hubs.ly/Q02Z4YTL0

Common Challenges in ACA Reporting and How to Avoid Them For employers subject to the Affordable Care Act (ACA), annual data collection and reporting can be a complex process with various potential pitfalls. Accurate reporting is important to avoid penalties and ensure compliance. Here are some common challenges in ACA reporting and tips to navigate them effectively. Read more here - https://hubs.ly/Q02Z5fHn0

Employers, take note! The Affordable Care Act (ACA) filing landscape has shifted. The IRS has lowered the threshold for mandatory electronic reporting from 250 to just 10 returns. This means that, starting April 1, 2024, most reporting entities must file ACA returns electronically. I'm here to help! If you have questions or need assistance ensuring a smooth transition, feel free to contact me. I specialize in simplifying compliance processes and can provide valuable insights tailored to your organization. Let's work together to make sure you meet the April 1, 2024 deadline seamlessly. Reach out for personalized assistance! #ACAReporting #ElectronicFiling #ComplianceDeadline

ACA backfiling involves submitting Affordable Care Act (ACA) information returns for previous years, which may be necessary if your organization missed filing deadlines, received a 226-J letter from the IRS, or discovered errors in previously filed forms. Failing to file or submitting inaccurate information can result in significant penalties. ACA Reporter streamlines the backfiling process by: Securely storing and organizing your historical employee, payroll, and health coverage data Automatically generating 1094-C and 1095-C forms Enabling seamless e-filing of late submissions to the IRS Managing necessary corrections and updates Providing proactive compliance monitoring to avoid future issues Don't let ACA backfiling consume your valuable time and resources. ACA Reporter simplifies the process, helping you achieve compliance quickly and accurately. Learn more about our comprehensive backfiling solution here: https://lnkd.in/g4D2tkC8 #ACAcompliance #PEO #HR #ASO #HRcompliance

Some are and some are not. "Some are recognizing what ICHRA may do and are building ACA strategies to maximize on it." "Others want it to go away so that things can be the way they have always been in Commercial Group." "But it's hard to see the genie squeezing back into the bottle at this point. Employers save too much and employees like it too much." The above is taken from the 2024 Deft Research Executive Research Brief. The chart below reflects "six times as may former group members are more satisfied with their coverage after moving to the ACA through ICHRA than are those who are less satisfied with ACA coverage." "95% indicate they are as satisfied or more satisfied now with their coverage since they moved to ACA through ICHA from Group." "Similarly, a majority indicate the move has gone better than expected." Not my words, direct quotes from the brief. The change is happening. Are you a some are or some are not? I can share the good and bad, what to look out for, what works and what doesn't. Those who know me know I am transparent. Let's chat.

Did you know you can use Search & Save to keep track of your ACA clients? Simply connect your preferred ACA quoting link to Search & Save! Try us out today! 30 Day FREE TRIAL no credit card required! https://lnkd.in/en_fgNXm #aca #medicare #Medicarecrm #medicarequote