Did you know the Affordable Care Act was signed into law in 2010!? That’s right, ACA legislation has been in effect for 12 years. However, most of the significant provisions came later in 2014, prompting the establishment of Medcom’s ACA Solutions department in 2015.

A lot has happened since 2010, but certain areas still confuse employers and brokers. For example, ACA employee tracking, compiling data, offering affordable coverage, and filing with the IRS have many of us scratching our heads each year.

Our Senior Legal Counsel, Michelle Barki, put together a brief quiz to help test...

The IRS' Mission Statement states, "Provide America's taxpayers top-quality service by helping them understand and meet their tax responsibilities and enforce the law with integrity and fairness to all."

Sounds pretty business-like and unwavering to us. Ultimately, the IRS's role is to help compliant taxpayers with tax law and ensure those who are unwilling to comply pay their fair share. This responsibility doesn't only apply to individuals but to businesses and corporations as well. Applicable Large Employers (ALEs) have an obligation under tax law, and if they fail to meet the requirements, they will...

Is it just me, or are you crazy busy right now? Not just typical, run-of-the-mill busy, but CRAZY busy! I feel that one thing that has come from the past year is that no matter the situation we are in, we have found ourselves busier than ever, and because of that, we are running out of steam; we are running out of ideas; we are running on empty!

Medcom tries in every way to help our clients and employers. We provide many different solutions for your team to make Compliance easier, ACA Reporting faster, COBRA understandable, and...

In January we hosted a webinar and published a subsequent blog, How the Pandemic Affects FSAs and Dependent Care, and typical for this Pandemic, we now have updates for some of that information. Things are changing rapidly and e are working very hard to ensure you have the most current information possible, at all times.

Dependent Care

During the webinars we presented a few weeks ago a question kept coming up over and over:

"If an employer allows a roll-over of unused DCAP funds from 2020 to 2021 as allowed by the CAA-2021, does this reduce the maximum...