Monday, March 31, 2014

PPACA: Review of the Common Ownership Aggregation Rules - also Called Controlled Group Rules

With the release of the final regulations on the ACA's employer shared responsibility, many of our clients are asking for a review of the common ownership aggregation rules - also called controlled group rules.

The legislative alert below highlights how to calculate applicable large employer status, new transition rules, the basics on counting employees, and intricacies of penalty calculations.

Common ownership rules are complex and we highly recommend clients consult with their own legal or tax advisors regarding their individual circumstances.