How Many Employees Does Your Business Have
for ACA Purposes?
seems like a simple question: How many full-time workers does
your business employ?
But, when it comes to the Affordable Care Act (ACA), the
answer can be complicated.
The number of workers you employ determines whether your
organization is an applicable large employer (ALE). Just
because your business isn't an ALE one year doesn't mean it
won't be the next year.
is the magic number
Your business is an ALE if you had an average of 50 or more
full time employees - including full-time equivalent employees
- during the prior calendar year. Therefore, you'll count the
number of full time employees you have during 2016 to
determine if you're an ALE for 2017.
Under the law, an ALE:
> Is subject to the employer shared responsibility provisions
with their potential penalties, and
> Must comply with certain information reporting requirements.
A full-timer is generally an employee who works on average at
least 30 hours per week, or at least 130 hours in a calendar
A full-time equivalent involves more than one employee, each
of whom individually isn't a full-timer, but who, in
combination, are equivalent to a full-time employee.
If you're hiring employees for summer positions, you may
wonder how to count them. There's an exception for workers who
perform labor or services on a seasonal basis. An employer
isn't considered an ALE if its workforce exceeds 50 or more
full-time employees in a calendar year because it employed
seasonal workers for 120 days or less.
However, while the IRS states that retail workers employed
exclusively for the holiday season are considered seasonal
workers, the situation isn't so clear cut when it comes to
summer help. It depends on a number of factors.
Contact us for help calculating your full-time employees,
including how to handle summer hires. We can help ensure your
business complies with the ACA. Call us at
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,