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4th quarter

ACA dates to remember for 2019 reporting

We will companies stay in continual compliance with the ever changing laws.

January 31, 2020: IRS deadline to furnish 1095-C schedules for 2019 to employees.

February 28, 2020: Deadline to file1094-C / 1095-C schedules for 2019 if paper filing.

March 31, 2020: Deadline to file 1094-C / 1095-C schedules for 2019 if electronic filing.

March July 31, 2020: Form 720 (PCORI) for plans that do not start after September 30, 2019 due from self-insured plans (includes self-insured employers.)

August 1, 2020: Late filing deadline to file 1094-C / 1095-C schedules for 2019. For a more in depth look:

IRS Confirms ACA Pay or Play Penalties Still Apply

compliance update 2020 irs

No Waiver or Transition Relief is Currently Available

Recently, the IRS released an information letter  regarding the Affordable Care Act's employer shared responsibility (pay or play) penalties. The information letter is intended to clarify the applicability of the penalties in light of President Trump's 2017 executive order broadly directing federal agencies to waive, delay or grant exemptions from ACA requirements that may impose a financial burden. 

For the information letter, click the photo above & request it.

Dates & Deadlines for 2020 Health Insurance

deadlines open enrollment 2020 health insurance

Important: 2020 Open Enrollment is only a few weeks

The 2020 Open Enrollment Period runs from 

Friday, November 1 to Sunday, December 15, 2019

If you don’t act by December 15, you can’t get 2020 coverage unless you qualify for a Special Enrollment Period. Plans sold during Open Enrollment start January 1, 2020.

For a compliance check up click here: 

EEO-1 Pay Data deadline has been extended to January 31, 2020

EE)-1 pay data deadline is January 31, 2020.

Employers who did not submit their EEO-1 snapshots for pay data reporting for the 2017 and 2018 tax years by September 30, 2019, are not off the hook.

The deadline has been extended to January 31, 2020, in a ruling by a Washington D.C federal judge on October 29, 2019. In April, Judge Tanya S. Chutkan of the U.S. District Court, DC Circuit ordered the EEOC to collect pay data for 2017 and 2018 by September 30, 2019.

EEO-1 Component 2 is generally required from employers with 100 or more employees during the “workforce snapshot periods” for 2017 and 2018. Employers with less than 100 employees may also be required to file if their association or common ownership with another company results in the joint entities having a collective total of 100 employees.

To determine if your company is required to file an EEO-1 Report, click here.

Call us: 650-212-3556