My Workforce Analyzer

IRS Extended Deadline for Forms 1095 Distribution

Once again the IRS has extended the deadline for employers and other coverage providers to furnish the 2019 IRS Forms 1095-B and 1095-C to their employees. The notice did not change the filing date for that form. Read this post to learn more about the extension, follow links to the Notice and IRS webpages or find a number to call if you have additional questions.

IRS Extends Deadline for Distribution of Forms 1095

An early holiday gift from the IRS! On November 29, 2018, the IRS issued Notice 2018-94 that extended the deadline for employers and other coverage providers to furnish the 2018 IRS Forms 1095-B and 1095-C to their employees. The notice did not change the filing date for that form. Read this post to learn more about the extension, follow a link to the Notice, or find a number to call if you have additional questions.

IRS Letters 226J Are Coming: ACA Non-compliance Penalties for Tax Year 2016

Did you receive an IRS Letter 226J? They are soon in the mail. Who gets them and why? Read to learn more about these letters sent to ALEs (Applicable Large Employers) suspected of ACA non-compliance and what you should do if one shows up in your mailbox. Follow links to IRS pages and articles with additional information.

Updates for My Workforce Analyzer

Updates for My Workforce Analyzer Beginning in Q4, the Import button in ACA forms in My Workforce Analyzer (MWA) will change to an Import/Export button. This enables users to export parts two and three of the 1095-C form, change the data in the CSV format, and import it on the same user interface. This feature will especially benefit those who work with large groups of employees, allowing employers to export/import employee forms instead of manually changing each form one at a time in the system. Earlier updates Sage made other changes in [...]

Injunction Suspends New Overtime Rules

U.S. District Judge Amos Mazzant grants preliminary injunction to suspend new Overtime "Final Rule" that was set to take effect December 1, 2016. This means the new rule will not take effect as planned on Dec 1st. The new overtime rule that would have raised the minimum salary of exempt employees from $455.00 a week, or $23,660.00 a year, to $913.00 a week, or $47,476.00 a year.

Form 1095-C Distribution Deadline Extended

An early holiday gift from the IRS! On November 18, 2016, the IRS issued Notice 2016-70 that extended the deadline for employers and other coverage providers to furnish the 2016 IRS From 1095-C to their employees. The notice did not change the filing date for that form. Read this post to learn more about the extension, follow a link to the Notice, or find a number to call if you have additional questions.

2 Tips for My Workforce Analyzer: Read Before Filing

If you use My Workforce Analyzer and terminated any employees in 2015, you'll want to read about these two updates. One ensures information concerning health benefits offered for the month of termination is accurately reported. The other provides a process for checking that the correct forwarding address is entered in Form 1095-C, Part 1 if the employee has moved. These updates will help you stay ACA compliant.