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Countdown to the Affordable Care Act: Part II

The Affordable Care Act (ACA), which goes into effect on January 1, 2014, states that employers with 50 or more full-time employees must provide health care to their employees or pay a penalty. Whether your business is large or small, we’ve got you covered.

SBS Payroll has the tools employers need to help plan for the Affordable Care Act. Our reporting tools will help you determine full time equivalent employees, the allowable 9.5% deduction of gross wages for health insurance, and the employer tax penalty if you choose to opt out of the mandate.

Additional tools include:

For large employers

  • Comprehensive HRIS
  • Benefit Enrollment
  • Time and Attendance

For small employers

  • HR Support Center
  • Standard ACA Reporting
  • Time and Attendance

See our previous blog posts for more information on our Time and Attendance and HRIS solutions:

  • Time and Attendance
  • HRIS

The process of creating coverage and expense strategies starts now. Let SBS take out the guess work. Contact us at 855-591-9864 or email us to learn how our payroll solution can help you prepare for and comply with the ACA.Contact us to learn about the ACA and payroll, HR, HCM, and benefits services

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