Small business need-to-know and news-to-watch human resources management benefits — healthcare.
Excerpt: The safe harbors, described in Notice 2012-58 and previous notices, provide methods of determining the full-time status of seasonal employees and those with unpredictable work schedules for purposes of the “shared responsibility” requirements of Sec. 4980H, enacted in the Patient Protection and Affordable Care Act of 2010, P.L. 111-148.
Generally, for months beginning after Dec. 31, 2013, the law requires employers with at least 50 full-time employees on average during the preceding calendar year to sponsor and offer full-time employees and their dependents health coverage meeting certain requirements or else pay an assessment. The law defines full time as working on average at least 30 hours per week, but Congress left it to the IRS, along with the U.S. Department of Labor, to prescribe how that average is computed and applied.
Read full article via Employee health insurance safe harbors expanded. From Journal of Accountancy via IRS