BTerrell Group Blog

Compliance with the Affordable Care Act (ACA) will require time and energy from your human resources team. Time that will be diverted from other important tasks.  Maintaining compliance is critical for avoiding noncompliance penalties; however, the ACA doesn’t have to be a disruption to your company’s overall goals and strategic plans. 

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Back in February of 2015, the Internal Revenue Service (IRS) released the draft forms associated with Affordable Care Act (ACA) compliance.  The forms have been revised and finalized during the year and are ready for businesses that are obligated to comply with this legislation.  The forms aren’t difficult to complete, it’s the data needed on them that can be difficult to gather.  Read on to learn what you need to know about these forms to maintain compliance with the ACA.

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There are many types of cybercriminal activities and many target the point of sale (POS) system at retailers of all sizes and types.  As discussed in “Heartland: Leading Provider of Security Technology for Payment Processing, Payroll, and POS,” common POS malware includes two threads including the ‘process or scraper thread’ that targets the POS process and steals credit card data from the device’s memory.  The secondary thread, the ‘transfer thread’, then transfers that data to another machine controlled by the cybercriminals. Retail CIO Outlook recently named Heartland Payment Systems as a 2015 “Top 10 POS Solution Provider” for their Heartland Secure solution that offers powerful security technology for card processes and offers a comprehensive breach warranty. 

 

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The Affordable Care Act (ACA) requirements put a burden of responsibility on many employers.  The Employer Shared Responsibility Provisions imposed by the ACA require employers with a particular number of employees to offer affordable health coverage.  Making these decisions may not be easy for employers, yet are necessary for avoiding noncompliance penalties.  Here is one valuable resource for helping you determine your obligations.

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The Affordable Care Act (ACA) requires applicable large employers to file two IRS forms on an annual basis.  That may seem simple enough; however, if data needed for those forms can’t be easily captured from your business systems, then plenty can go wrong.  Don’t put your business at risk for expensive fines and penalties for noncompliance.  Make sure your business is ready for ACA today.

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