Welcome to Our ACA Compliance Center
Whatever you want to call it; Health Care Reform, The Affordable Care Act (ACA) or Obamacare, is one of the most confusing and difficult laws small business owners have ever had to deal with.
The ACA Compliance Center contains FAQ’s, new law updates, compliance PDF’s, Podcasts and even videos to help educate business owners and HR staff. It’s a free resource any business can use to learn about The Affordable Care Act (ACA).
Continue reading or click below to visit Our ACA Compliance Center
if you haven’t implemented a compliance strategy as of today, you are probably already in violation of the law. The Congressional Budget Office (CBO) has estimated that the IRS will collect more than $130 Billion dollars from employers who do not comply with the law.
The IRS has hired thousand of new auditors to carry out these audits and if you think that you will never get audited, you’re not living in reality.
The audit “trigger” is when your employees file their personal tax returns and the auditor compares that return to your corporate return. If an employee is receiving any Government subsidy for health insurance, meaning the employee bought health insurance on a public exchange, your company is not in compliance. This could mean hefty penalties for your business.
The IRS already admits it could take up to 18 months for their staff to complete the audits. So many business owners won’t even know they are in violation of the law for almost 2 years, which could cost employers thousands of dollars in penalties. – Good for funding ACA, bad for business owners.
This is why we have created our ACA Compliance Center. To help business owners learn how to stay compliant with the law. There is so much information out there and so much confusion, so we are hoping you will find the information to be a valuable resource for you.
Of course if you have any questions and want to speak with one of our compliance specialists, feel free to call us at: 800-234-3702