Don't get frustrated. Get help.
Understanding your obligations with the Affordable Care Act is a daunting task. Are you required to offer your employees health insurance? How robust does this insurance need to be? How do you do this? And what forms do you need to complete and keep on file? (Spoiler alert: It’s a LOT.)
It can get overwhelming. But that doesn’t have to be the case with James Moore on your side.
Are your employees covered? (Better yet… are you?)
If you’re an employer with 50 or more full-time workers, the ACA requires that you provide those workers adequate health insurance. But what does “adequate” mean—or “full-time,” for that matter? These and countless other details must be considered when it comes to the Affordable Care Act.
The fact is, ACA compliance requires a lot of work:
- Tracking hours of service
- Determining whether you’re a large employer subject to the law
- Identifying which full-time employees can trigger a penalty
- Understanding the consequences of not offering basic coverage to full-time employees
- Considering whether to offer affordable, minimum value coverage
- Determine whether to “pay or play”
- Reporting required information to the IRS
Guessing about what you need to do (or how to do it) won’t really cut it—because the penalties for noncompliance can put your company out of business.
We can help.
Our ACA compliance services are provided by a multi-disciplinary team, bringing a wide range of expertise to your engagement. We know exactly what to look for to avoid the dire consequences of missteps. No red flag will go unspotted, and no steps will be missed.
That list we mentioned above, with all those tasks? Leave that work to us. We’ll also review multiple scenarios for employer-provided benefits to find one that works best for your company.
Reduce Risk
Don’t take chances when it comes to ACA compliance. We help you review existing processes and forms to determine if they’re ACA compliant.
Align your reporting
Sometimes companies are actually in compliance, but their reporting makes it appear that they’re not. We help you get it right the first time.
Trust the experts
Messing around with health insurance policies and benefits is tricky business. Professional guidance helps protect your organization and your employees.
Have you received a penalty notice from the IRS?
Don’t panic! Chances are, it’s a problem our ACA experts can help resolve. In fact, we’ve eliminated nearly $5,000,000 in penalties for our clients.
IRS Forms and Filings
The IRS has issued final copies of the Affordable Care Act forms required for your business.
Preparation
Initial review and consultation to review your ACA compliance needs
Consultative
Annual review of ACA information returns and documentation prior to filing with the IRS
Response
Research, coordinate and calculate a response to letter 226-J and other IRS notices related to noncompliance with the ACA and resulting penalties
Need more information? Check out our articles on ACA, tax and other matters that concern you.
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Meet the HR Consulting Leadership Team
20+ years’ experience in human resources? Check. Expertise across dozens of industries? Check. HR Solutions professionals with real-world knowledge you can rely on? You better believe it.
Jay Hutto, CPA/ABV/CFF, CVA
Partner
As a CPA in the state of Florida, Jay has more than 30 years of experience providing personalized accounting services including auditing and tax services, business consulting, business valuations and litigation support. While he has worked with clients representing the real estate, manufacturing, professional services, dealership and retail industries, he has significant experience addressing issues and providing solutions for healthcare-related entities. As such, Jay leads the firm’s Healthcare Segment Team.
Jay works primarily with for-profit clients looking to maximize revenue and minimize expenses, and he is dedicated to providing them peace of mind that they’re getting the best possible tax savings. His guidance helped one client avoid a $1,000,000 tax liability with a cost segregation study, and he helped another client eliminate a $50,000 IRS tax penalty. He also takes a proactive approach to revenue enhancement, cost controls, applying best practices, and emphasizing the importance of having the right policies and procedures already in place (instead of as a reactive remedy) to best facilitate business growth.
Jay also specializes in preparing business valuations and litigation support services and has earned several accreditations including the Accredited in Business Valuation (ABV), Certified in Financial Forensics (CFF) and Certified Valuation Analyst (CVA) designations. Litigation support services include related party transactions, fraud, child support, divorce and dispute resolution.
Kevin Golden, CPA
Partner
Kevin has over 10 years of experience in the accounting industry. He is responsible for every aspect of client management including tax preparation, planning and correspondence. He enjoys building relationships with his clients as he helps them understand everything from basic economic terms to complicated tax issues. Kevin also supervises tax accounting staff members and reviews tax returns prepared by the firm.
While his work covers a variety of industries, Kevin’s focus is manufacturing and construction clients. He serves as a member of the firm’s Manufacturing and Construction Services teams and is a co-host of Moore on Manufacturing, our monthly video series addressing the business concerns facing manufacturing companies. He also presents regularly to professional groups in the community on tax-related issues.
Julie Kniseley, SHRM-SCP
President, HR Solutions
Julie has over 30 years of diverse human resources management experience that spans start-ups to established organizations. She has worked extensively in all facets of human resources including audits and compliance, benefits and compensation, recruiting, employee and labor relations, training and development, and policy design and has experience in both union and non-union environments.
Julie leads the James Moore HR Solutions Consulting team, which provides clients with guidance and solutions to build and improve their HR infrastructure. Clients include start-ups, non-profits, government entities, construction companies, medical practices and more. She is regularly asked to give presentations to various professional organizations.
Julie earned a Bachelor of Arts in Communication from the University of Toledo. She is a member of the Society for Human Resources Management (SHRM) and a SHRM Senior Certified Professional.