Entries for ' reporting'

Forms 1094/1095-B (B Forms) and Forms 1094/1095-C (C Forms), and related instructions, for the 2018 tax year have been released and are provided below. Employers Subject to Reporting Applicable large employers (ALEs), who are in general, entities that employed 50 or more full-time and full-time-equivalent employees in 2017, are required to report information about the health coverage they offered or did not offer to employees for 2018. To meet this reporting... Read more
Employer Shared Responsibility Provision, a.k.a. “Pay or Play” The Internal Revenue Service (IRS) released the 2014 forms and instructions to be used in reporting health insurance coverage offered by applicable employers, and minimum essential coverage by insurers and employers of self-insured plans.  Employers should become familiar with the reporting requirements and update their systems and processes in order to start tracking the required data for t... Read more