November 2024
It is almost time for the Massachusetts Health Insurance Responsibility Disclosure (HIRD) filing. Massachusetts law requires employers to file a HIRD form on an annual basis containing information about employer sponsored insurance.
We just have a couple of months left till the end of the year, so it’s important for you to know the detailed information about these Year-End tasks, visit and bookmark the ADP TotalSource Year-End & Quarter Close Guide.
Employers with an average of at least 50 full-time employees (including full-time equivalents) in the prior calendar year (2023) (Applicable Large Employers or “ALEs”) need to file ACA Forms 1094-C and 1095-C with the IRS.
The federal Fair Labor Standards Act (FLSA) requires employers to compensate non-exempt employees at least the minimum wage for each hour worked and pay them overtime (at 1.5 times the employee’s regular rate of pay) whenever they work more than 40 hours in a workweek. The amount employees should receive in pay cannot be determined accurately without knowing the number of hours worked. This can be especially tricky when the employee has waiting time or on-call time during the workweek. To help you navigate these situations, here’s a summary of the federal rules and guidance.
Haven’t checked your ACA Dashboard lately? Let’s get you on track!
Join us to learn how ADP TotalSource® integrates your company’s data and provides an ACA Compliance Dashboard to assist your business with Compliance and Annual IRS Affordable Care Act Reporting. The Dashboard is also a tool intended to assist you with monitoring your ACA compliance.