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Does your small business have $2750 in the bank set aside for each employee? That could be the fine for a company that is not compliant with the Affordable Care Act. Potential penalties can add up quickly and cause significant financial exposure for your business.
The Affordable Care Act has been the law for more than ten years, but companies still fail to provide the necessary insurance for their employees – probably because the laws are complex. Make sure you aren’t caught off guard..
The rules for ACA compliance seem straightforward, but they can often be a bit tricky. Here