While, finance, HR, and payroll departments all play a part in Affordable Care Act (ACA) compliance, an organization’s tax experts and legal departments also have important roles.
The payroll department plays a critical role in complying with the Affordable Care Act (ACA). Over on our Compliance Insights blog, read how accurately managing payroll processes and timekeeping are essential for avoiding costly penalties under the ACA’s Employer Shared Responsibility provisions.
The ACA compliance clock keeps ticking and time is running out. Why? Under the Shared Responsibility mandate, data recording (payroll, benefits, time & labor) needs to be done in 2015 (now!) for IRS and employee reporting in early 2016.