Dresser & Associates

Section 6056 Reporting Requirements and What They Mean for Your Business

Under the new regulations from the IRS, employers will be required to report on the health care coverage they are offering their employees. Employers who self-insure and are large enough (50 or more full time employees) to be subject to the employer responsibility  provisions will complete both Section 6055 and Section 6056. Those employers that are subject to employer responsibility but do not self-insure will only complete Section 6056. …Read More

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IRS Releases Final Regulations for ACA Reporting

Beginning in 2015, the Affordable Care Act (ACA) will require employers to report information to the Internal Revenue Service (IRS) as well as their own employees on the health coverage they offer. Recently, final regulations were released on the reporting that aims to streamline the process and provide a simplified option for employers. Additionally, rules were released to provide reporting guidance for insurers and other parties that provide …Read More

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Challenges Facing HR and Payroll Managers In 2014

Human Resources is an ever-changing industry, and HR professionals know they need to remaining constantly alert for new regulations and issues to arise. This year has already shaped up to be a challenging one for many HR departments across the U.S. From keeping key workers at the company to implementing effective payroll management, HR professionals and payroll managers are facing numerous challenges during 2014.
Here are the top three issues …Read More

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Posted in Affordable Care Act (ACA), Compliance & Taxes, Human Resources | Comments Off on Challenges Facing HR and Payroll Managers In 2014

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