Employee Classifications and the ACA: What You Need to Know
Employee classifications are important for many reasons, including managing compliance with the ACA’s Employer Mandate. Under the ACA’s Employer Mandate, Applicable Large Employers (ALEs), or organizations with 50 or more full-time and full-time equivalent employees must offer at least 95% of their full-time employees and their dependents… Read More
IRS Now Issuing Letter 5699 for 2022 Tax Year
It was only in January that the IRS began issuing penalty notices for the 2021 tax year. Now, a mere four months later, the tax agency has already started assessing penalty notices for 2022, namely Letter 5699. We have previously communicated that the IRS is becoming more efficient… Read More
