Starting in 2014, employers employing at least a certain number of employees (generally 50 full-time employees and full-time equivalents, explained more fully below) will be subject to the Employer Shared Responsibility provisions under section 4980H of the Internal Revenue Code (added to the Code by the Affordable Care Act).
Under these provisions, if these employers do not offer affordable health coverage that provides a minimum level of coverage to their full-time employees, they may be subject to an Employer Shared Responsibility payment if at least one of their full-time employees receives a premium tax credit for purchasing individual coverage on one of the new Affordable Insurance Exchanges.
What does it all mean and how will it affect your company?
You will want to read (and perhaps copy) this Q&A document from the IRS. Access it by clicking here.
Get Up to Speed with the Affordable Care Act with this Q&A
Starting in 2014, employers employing at least a certain number of employees (generally 50 full-time employees and full-time equivalents, explained more fully below) will be subject to the Employer Shared Responsibility provisions under section 4980H of the Internal Revenue Code (added to the Code by the Affordable Care Act). ...
Featured Video
Dickies®: Discover Workwear That’s Anything But Uniform
Looking for uniform solutions for your large team? An unmatched inventory and versatile looks are just a few reasons why companies trust Dickies®.
Webinars, Podcasts & Videos
Listen Now: Segway Navimow Glides Into Robotic Mower Market
PODCAST: Turf talks with Wayne Kreifels of Segway Navimow, to discuss their entrance into the robotic mower market.
Yanmar Launches TL65RS Compact Track Loader
Yanmar Compact Equipment has launched the midsize TL65RS as part of its new line of compact track loaders.
Water Conservation Through Irrigation Techniques
Turf Magazine's June 2024 "Water Issue" and an upcoming Vectorworks webinar both explore water conservation tips.