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Employee orientation is an important piece of HR and employee management. A formal orientation is essential to setting a new hire up for success and helping your company maintain the […]
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- DOL Adopts New Test for FLSA Applicability to Interns
The U.S. Department of Labor (DOL) has adopted the primary beneficiary test for determining whether interns of for-profit employers count as employees under the federal Fair Labor Standards Act (FLSA). The FLSA […]
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What Employers Need to Know About ACA Reporting in 2018
by Gregg Kennerly | Published Wednesday, February 7, 2018
Under the Affordable Care Act, applicable large employers (ALEs)—generally those with at least 50 full-time employees, including full-time equivalent employees, in the preceding calendar year—must report certain information to their full-time employees and the Internal Revenue Service (IRS) about the health care coverage they have offered (if any).
With deadlines for 2017 reporting just a few weeks away, ALEs should begin thinking about these five information reporting facts:
- ALEs are required to furnish a Form 1095-C to each of their full-time employees by March 2, 2018.
- ALEs must file Forms 1095-C, accompanied by the transmittal Form 1094-C, with the IRS no later than February 28, 2018 (or April 2, 2018, if filing electronically).
- Self-insured ALEs must also report via Forms 1094-C and 1095-C.
- ALEs that file 250 or more Forms 1095-C must file them electronically.
- ALEs can find a complete list of information reporting resources at the IRS’s Information Center for Applicable Large Employers.
Check out our Information Reporting section for more on the information reporting requirements.