Payroll Based Journals - What Are the Reporting Requirements?Posted on March 10, 2016
The Affordable Care Act (ACA) has brought many requirements for employers, from providing healthcare insurance to reporting coverage information to the IRS. Payroll-Based Journal (PBJ) is a result of one of those new employer mandates, and it specifically affects nursing homes and long-term care facilities (including skilled nursing facilities).
Health care businesses with long term caregivers may be looking at a new regulation for how they track their associate’s hours. Some folks may be thinking payroll when they should really be thinking timekeeping. Paycor has the cure.