• Description

Description

The obligatory provisions specified under the Affordable Care Act (ACA) of 2010 stipulate that all employers are needed to abide by the protocols of the IRS. The requisite forms 1094-B and 1095-B (Parts I, III, and IV) need to be submitted during every annual tax session on the Minimum Essential Coverage for health insurance provisions of the employees. These forms have to be submitted only by those ALEs employing less than 50 full-time or full-time equivalent employees operating for a minimum of 30 hours per week. Again ALEs with 50 or more full-time employees are required to submit the annual report to IRS on the coverage amount with forms 1094C and 1095C. This tedious process of ACA Compliance needs to be synced up by hiring professionals from ACA Compliance Solutions Services, Inc. Visit www.acacss.com, or speak to our experts at (818) 330-3900