Certified Public Accountants
Richard B. Dawson, CPA 15 Casco Street
David E. Smith, CPA Portland, Maine 04101-2902
Eric A. Purvis, CPA/ABV, MST, CVA Tel (207) 874-0355
Joel H. Bassett, CPA/PFS, CMA, CIA Fax (207) 874-0865
Kirk J. Purvis, CPA, CFE www.dspbcpa.com
William H. Souter, CPA, MST
Craig M. Pike, CPA
Adam P. Johnson, CPA
Patricia S. Hodgdon, CPA
Jeremy S. Handlon, CPA
Kevin M. Brunelle, CPA, CVA
Michael P. Kelly, CPA
Karla J. Brannen, CPA
Ryan W. Dawson, CPA
September 20, 2013
Dear Clients and Other Friends:
Under the Affordable Care Act (ACA), individuals will be able to enroll in state or federally facilitated Health Insurance Marketplace (aka “Exchange”) coverage beginning October 1, 2013, with initial coverage beginning effective January 1, 2014. The ACA requires employers to provide a notice to current employees with information regarding their coverage options, including information on the Exchange, by October 1, 2013. New employees must be provided with the notice at the time of hire, or within 14 days of their start date.
All employers covered by the Fair Labor Standards Act, including those with household employees, must provide these notices to all employees, regardless of their plan enrollment status or whether they are part-time or full-time. Notices are not required for dependents of employees or other individuals who are not employees. Notices must be free of charge and can be sent by first-class mail or email. There are two versions of the notices, one for employers who offer health plans and one for those who do not. Attached please find the two different notices.
As always, if you have any questions regarding these notices, please do not hesitate to contact us.
IRS Circular 230 requires us to inform you that any statements contained herein are not intended or written to be used, and cannot be used, by you or any other taxpayer, for the purpose of avoiding any penalties that may be imposed by federal tax law.
Very truly yours,