The Affordable Care Act (ACA) was enacted in 2010 and mandates health insurance reforms that impact small businesses. This section is dedicated to providing PaySmart clients with our current understanding of some of the key points of the ACA and how they may affect your business’ payroll reporting requirements.
This legislation’s rules and regulations change often so PaySmart recommends you discuss ACA provisions with your accountant, attorney, or HR rep.
When it comes to payroll and the ACA, there are two main questions that employers have to answer.
Are You A Controlled Group?Parent-Subsidy Brother-Sister Combined
What Size Employer Are You?
Less Than 25 FTE
Less Than 50 FTE
More Than 50 FTE
ACA Tools & Resources
Full-time Equivalent (FTE) Calculator
ACA Tax Provisions for Employers
Large Employer Reporting Requirements
Form W-2 Reporting
Health Insurance Information
Small Business Resources
Legal Guidance – Labor Provisions
US Government Business Portal