ACA Employer Reporting...Continued
A previous post informed about an upcoming (voluntary in 2015; mandatory in 2016) Affordable Care Act (ACA) compliance requirement requiring employers (small and large) and health insurers to report on health insurance coverage offered to employees.
(See - http://sstevenshealthcare.blogspot.com/2014/03/aca-employer-reporting-requirements.html )
Recently the IRS released draft versions of various forms that employers will need to disclose detailed information to both their employees and the IRS. The purpose of the reporting is to assist the federal government in enforcing the ACA's individual mandate, employer mandate, and premium subsidy provisions.
To access the complete article, click - https://www.smstevensandassociates.com/ResourceLibrary/tabid/192/Default.aspx