North Bay employers learn new language of Affordable Care Act compliance
Interview with Andrew McNeil
“We are still getting new clients, people we should have been talking to about this a couple of months ago,” said Andrew McNeil, principal, Arrow Benefits.
McNeil’s advice to employers is to track employees on a monthly basis. “Then their records will be in better shape,” he said.
Penalties for non-compliance with the mandate are $2,000 per employee. As long as employers make a good faith effort to file, however, the IRS has said they would be lenient and not issue a fine.
Read the entire article here
North Bay Business Journal – April 2016