Hayley Kelley

ACA reporting can be complex, with different forms required depending on your organization’s size and type of health coverage. In this post, we break down the essentials of Forms 1094-C, 1095-C, 1094-B, and 1095-B, highlight common mistakes, and explain penalties for non-compliance.

Massachusetts employers with six or more employees are required to submit the annual Health Insurance Responsibility Disclosure (“HIRD”) form through the MassTaxConnect portal by December 15.

Health Savings Accounts (“HSAs”) offer a flexible and tax-efficient way to save for healthcare costs, both now and in the future. With the ability to roll over funds year to year, grow your savings tax-free, and make tax-free withdrawals for qualified medical expenses, HSAs are a valuable tool for those enrolled in high-deductible health plans. Learn about how HSAs work, the key benefits they provide, and the 2025 contribution limits to make the most of your healthcare savings.

Health Reimbursement Arrangements (HRAs) offer tax-free reimbursements for medical expenses. Discover the key benefits of HRAs, 2025 limits, and how they can help reduce healthcare costs.

Flexible Spending Accounts (“FSAs”) offer a smart way to save on healthcare by using pre-tax dollars for eligible expenses. Learn how they work, contribution limits, and the options for carrying over unused funds.

Employers are now required to submit annual RxDC reports detailing prescription drug and healthcare spending under the Consolidated Appropriations Act. This blog covers the key reporting requirements, deadlines, and steps to ensure compliance with federal regulations.