I received this link to an article by Grant Thornton regarding businesses with 50 or more FTE employees. Excise Taxes under health care reform The requirements are getting more challenging to follow, calculating the FTE includes all employees who average 30 hours per week; hours worked during 2013 will be the base for calculating 2014 FTEs. Sever Excise Tax penalties.
Very few people can explain how this all fits together, thus it is best to seek advise from several sources including: HR specialist, CPA, insurance program managers, attorneys.
