How to help clients with 2016 tax reporting requirements
Due to changing regulations, employers are looking to their adviser for assistance, says Kim Buckey, DirectPath’s VP of compliance communications.
Due to changing regulations, employers are looking to their adviser for assistance, says Kim Buckey, DirectPath’s VP of compliance communications.
The definition of the platform may be a reason why few large employers have moved thus far, panel says.
The ‘natural fit’ will allow insurance brokers and employers to gain access to ben admin, enrollment solutions and ACA capabilities, says Troy Underwood.
With 2017 open enrollment beginning, adviser expertise needs to extend beyond just benefits and insurance, says Courtney Simpkiss, ADP’s VP, broker strategy.
The definition of the platform may be a reason why few large employers have moved thus far, panel says.
Most companies have been through ‘hell’ in the last year due to reporting requirements, says a Lockton exec who shared some of the biggest obstacles.
Most companies have been through ‘hell’ in the last year due to reporting requirements, says a Lockton exec who shared some of the biggest obstacles.
Just under 60% of HR and finance execs say the law is a top priority, even though 2016 is the first year for ACA reporting and IRS audits.
Employers are anticipating choppy waters with ACA, and also are slow to grapple with new overtime pay rules.
Employers are struggling to keep up with Affordable Care Act requirements — a top priority in HUB International survey.
The first ACA reporting season was traumatic for many employers. But the hard-learned lessons should lead to a much better process for the 2016 plan year.
The first ACA reporting season was traumatic for many employers. But the hard-learned lessons should lead to a much better process for the 2016 plan year.
Misclassifying employees can result in significant costs to a business and lead to audits, lawsuits and more, say FordHarrison partners Salvador P. Simao and Joanna S. Rich.
Misclassifying employees can result in significant costs to a business and lead to audits, lawsuits and more, say FordHarrison's Salvador P. Simao and Joanna S. Rich.
It is not always clear who has the responsibility to offer such workers health insurance coverage, say Graydon Head's David Pixley.
It is not always clear who has the responsibility to offer such workers health insurance coverage, say Graydon Head's David Pixley.
Features such as insurance portability may appeal to workers, but employers need to work hard to convince employees to go with a move away from group coverage, says Hixme’s Denny Weinberg.
The methods for counting employees are as varied as the laws that affect them, often creating confusion and frustration for plan sponsors, says Compliancedashboard’s Dan Bond.
Features such as insurance portability may appeal to workers, but employers need to work hard to convince employees to go with a move away from group coverage, says Hixme’s Denny Weinberg.
The methods for counting employees are as varied as the laws that affect them, often creating confusion and frustration for plan sponsors, says Compliancedashboard’s Dan Bond.