All Posts By

Stratus.hr

Small Business Tax Credits

How Does the ACA Affect Small Business? Several provisions of the Affordable Care Act (ACA) will likely have significant effects on small businesses, their employees, and families. Small businesses will have the option to purchase insurance through a new market, called the Small Business Health Options Program (or SHOP Exchange). In Utah, this exchange is called Avenue H. Though small…

Continue Reading

Pay or Play and the Employer Mandate

Start Preparing Now Recently a major provision of the Patient Protection and Affordable Care Act (PPACA), the Employer Shared Responsibility Mandate, has been delayed. The delay of this provision, commonly known as Pay or Play, means that employers have another year to prepare for compliance. This likely means that the IRS is going to be less lenient on employers when this…

Continue Reading

A Look Into Lookback Periods

Start Preparing Now As you may have heard, the White House made a surprising announcement this week that the Employer Responsibility provision of the ACA will be effectively delayed by one year. The IRS has already issued safe harbor guidelines to determining how businesses will comply with the new health reform law, but this recently announced delay will give employers…

Continue Reading

Timeline of Employer Provisions

Start Preparing Now As you know, the health reform bill has many provisions and many far-reaching effects, especially for business owners. ISIhr is here to help you navigate the new heath bill, understand its impacts, and get you ready for implementation. And if you’re a client, there’s a lot of work we’ll just outright do for you. But we need…

Continue Reading