 | For some, this first compliance reporting period uncovered critical issues with internal processes, vendor partners, or both. The ACA's mandates proved to be far more complex, time-consuming, and labor-intensive than anyone had expected. Even the IRS has struggled with balancing ACA and tax responsibilities amid recent budget cuts. Employers may start to encounter complications related to their 2015 reporting practices, such as audits and appeals. Meanwhile, ACA requirements could continue shifting as a result of the inaugural reporting year or upcoming presidential election. Proactive companies are bracing for next year's challenges by reviewing their strategies now. This At-a-Glance covers three key takeaways from the 2015 ACA experience, to help improve your strategy and position your organization for a smooth and successful second reporting cycle. Request Free! |
