HCTT-2015-48: Reporting Guidance for Applicable Large Employers
Internal Revenue Service (IRS) sent this bulletin at 08/11/2015 02:11 PM EDT
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Issue Number: HCTT-2015-48Inside This IssueReporting Guidance for Applicable Large Employers Some of the provisions of the health care law apply only to applicable large employers, which is generally those with 50 or more full-time equivalent employees. The law requires ALEs to file information returns in 2016 with the IRS and provide statements to their full-time employees about the health insurance coverage the employer offered. Monthly Tracking To prepare for the reporting requirements in 2016, applicable large employers should be tracking information each month of 2015, including:
Annual Information Reporting The first statements to employees must be provided by January 31, 2016, and the first information returns to the IRS must be filed by February 28, 2016, or March 31, 2016, if filed electronically.
Other Reporting Requirements
For more information, including whether you’re subject to an employer shared responsibility payment, see Publication 5196, Understanding Employer Reporting Requirements of the Health Care Law. For more information, see our Questions and Answers about Information Reporting by Health Coverage Providers and Reporting of Offers of Health Insurance Coverage by Employers. Thank you for subscribing to IRS Tax Tips, an IRS e-mail service. For more information on federal taxes please visit IRS.gov. This message was distributed automatically from the IRS Tax Tips mailing list. Please Do Not Reply To This Message. |