Midsize employers lack confidence in ACA, benefit strategies - EBN article

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Monday, October 20, 2014 10:20:00 AM Categories: News and Views

The situation discussed in this Employee Benefit News article is very consistent with what we are seeing in ACA compliance self-assessments we are doing. Most employers are pleasantly surprised at how much of ACA they have done (and didn't know). Most are at little risk on "pay-or-play" penalties. All resent the two new taxes but are paying them. Year-round accounting of employees for IRS reporting and associated employee communications are where the biggest gaps in compliance exist and where there is the greatest exposure for serious penalties.

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