Many states have adopted Individual Mandates. New Jersey ACA filing is required for certain employers and insurance providers. Clarifications to New Jersey ACA Requirements The NJ Market Preservation Act requires reporting to verify coverage provided by payers of NJ’s Income Tax. NJ requires employers, insurers, and other coverage providers to: Where New Jersey ACA Requirements … Read more
Rhode Island ACA filing is now required for ACA forms for Tax Year 2022. We know that new requirements can be tricky, so we’ve created this guide to simplify things! Updates for Rhode Island ACA Filing On Oct 19 2022, the RI Division of Taxation (part of the RI Department of Revenue) released an advisory … Read more
Affordable Care Act (ACA) reporting can be a challenging process on it is own, but with the addition of ACA State Requirements and Individual Mandates, the ACA filing process has only grown in complexity. What is an Individual Mandate? The Individual Mandate is an ACA provision that requires individual to purchase certain coverage, unless they’re … Read more
Many states have adopted Individual Mandates. California ACA filing is now required for certain employers and insurance providers. California ACA Filing Requirements If you are an employer of a California resident, or if you provide Minimum Essential Coverage (MEC) to a California resident, including spouses and/or other dependents, you must report ACA data to the … Read more
ACA reporting can be a challenging process on it is own, but with the addition of ACA State Individual Mandates, the ACA filing process has only grown in complexity. What is an Individual Mandate? The Individual Mandate is an ACA provision that requires individual to purchase certain coverage, unless they’re eligible for an exemption. If … Read more
Many states have adopted Individual Mandates. New Jersey ACA filing is now required for certain employers and insurance providers. Clarifications to New Jersey ACA Requirements The NJ Market Preservation Act requires reporting to verify coverage provided by payers of NJ’s Income Tax. NJ requires employers, insurers, and other coverage providers to: Where New Jersey ACA … Read more
Rhode Island ACA filing is now required for ACA forms for Tax Year 2021. We know that new requirements can be tricky, so let BoomTax help you with your state and federal filing! Rhode Island ACA Filing Requirements If you are an employer of a Rhode Island resident, or if you provide Minimum Essential Coverage … Read more
Many states have adopted Individual Mandates. Massachusetts ACA filing is now required for certain employers and insurance providers. Massachusetts Individual Mandate For tax year 2021, along with federal requirements, Massachusetts has state regulations that require MA residents to have health coverage that meet certain standards. At the federal level, the coverage is known as Minimum … Read more
DC ACA Filing DC now requires ACA filing for the 2019 tax year. The District of Columbia will now require all District residents to have Minimum Essential Coverage for themselves and dependents, or pay a tax penalty. The DC law also requires employers to submit an information return regarding Minimum Essential Coverage to the DC … Read more
Many states have adopted Individual Mandates. Vermont is one of these states. While there are currently no additional requirements for employers, there will be if federal ACA reporting requirements are eliminated. What are the deadlines for Vermont ACA filings? There are currently no additional Vermont ACA reporting requirements. Conclusion Employers must keep ACA state requirements … Read more