Reform, compliance and regulation are impacting businesses like never before. Employers need guidance and support to identify and manage the risks their businesses face. Our Compliance and Workplace Solutions team is there to support you as a complement to your in-house or retained counsel by providing practical guidance when difficult decisions need to be made.
We help you stay on top of all the trends and innovations in benefits, business insurance and human resources. This can include: compliance with new and changing regulations, fiduciary responsibility as a retirement plan sponsor, employment practices liability claims avoidance, affirmative action and contract compliance, as well as many other areas.
You will sleep better at night knowing our team of experts understand the employment laws and regulations impacting your business. Not only do we help you solve your problems, we also make sure we share our knowledge and resources with you so you have the tools and information necessary to move forward with confidence, prepared for any challenges you might face. Services provided include:
The Employer Shared Responsibility Penalty (ESRP), introduced by the Affordable Care Act, requires applicable large employers (ALEs) to offer affordable and minimum value health coverage to their full-time employees (and their dependents), or to potentially pay tax penalties to the IRS. Whether you are new to the ESRP or your company is newly subject to the ESRP, this article covers some of the key details.
In addition to COVID-19’s deadly impact on our population, it has also hit many businesses hard. Not only have there been customer declines and governmental shut-down orders, but employers have had to manage through a myriad of COVID-related employee absences. Fortunately, hope may be on the horizon, as the U.S. Federal Drug Administration (FDA) is approving vaccines for wide distribution. However, with hope comes challenge, as businesses now need to decide whether and how they will make employee vaccinations part of their COVID response planning.
We receive questions from employers almost daily on how to comply with these complex reporting requirements in various common (and unusual) situations and scenarios. To help with those questions, we have created 25 different ACA reporting tips for employers to use as guides when completing their Forms 1094C/1095C. These tips address some of the most common ACA reporting issues employers face, including helpful hints, tips and samples of completed Forms 1094C/1095C.