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Daily Archives: November 10, 2021

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  2. 2021
  3. November
  4. 10

Large Employers Must File ACA Forms, Not the Insurers

BlogBy InterWest Insurance ServicesNovember 10, 2021

One mistake more and more employers are making is failing to file the required Affordable Care Act tax-related forms with the IRS. If you are what’s considered an “applicable large employer” (ALE) under the ACA, you are required to file with the IRS forms 1094 and 1095, often separately and before your annual tax returns…

Big Changes to Construction Dual Classes in the Works

BlogBy InterWest Insurance ServicesNovember 10, 2021

There could be significant changes coming for a number of construction dual-classification codes that could see the threshold for the higher-wage workers jump by as much as $5 per hour. Currently, 16 of the Workers’ Compensation Insurance Rating Bureau’s construction and erection class codes are divided into two separate classifications based on the hourly wage…

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The Importance of Succession Planning

Agency OperationsBy InterWest Insurance ServicesNovember 10, 2021

The point comes in every insurance agency principal’s career that they start thinking about retiring or transitioning into a different line of work they always have dreamed of. Or perhaps life complications arise, such as divorce, serious illness or the death of an agency partner that spurs the agency owner to hang it up. Whatever…

California Insurance License #0B01094
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