Common 1095-C Coverage Scenarios with Great Examples

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Completing 1095-C forms can be confusing, but we’re here to make it simple with this list of common 1095-C coverage scenarios and examples. We’ve even created an interactive code helper tool to help make ACA filing easier. Common 1095-C Coverage Scenarios: Full-Time Employee, Enrolled All 12 Months, qualifying offer In this example, the employee (EE) … Read more

IRS Form 1095-C Guide for 2024 (TY2023)

Form 1095-C Guide - Colorful leaves

Before you begin to prepare your ACA reporting, it’s important that you know what information you need in preparing Form 1095-C. We’ve compiled the following 7 key topics in our Form 1095-C Guide that may help you to correctly and timely complete your filing. What’s new for Form 1095-C? The electronic filing threshold has been … Read more

Breaking Down the Affordable Care Act – 2023

Breaking Down the Affordable Care Act - Dark Colored Screws, Washers, Springs, Etc on a White Background

In March 2010, Congress passed a comprehensive health care reform law known as the Affordable Care Act. What is the Affordable Care Act (ACA)? The Affordable Care Act is a comprehensive health care reform law that was passed in March 2010. Alternatively, known as ACA, Patient Protection and Affordable Care Act (PPACA), or Obamacare. It’s … Read more

Affordable Care Act Reporting Tool – 4 Easy Steps!

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When the IRS made reporting Affordable Care Act (ACA) a requirement back in 2015, it made employer reporting an obligation. There are two form types that can be submitted: Form 1095-B Health Coverage & Form 1095-C Employer-Provided Health Insurance Offer and Coverage. Failure to fulfill the filing and furnishing obligations with the IRS results in … Read more

3 Alternative Affordability Safe Harbors

Affordability Safe Harbors

Health coverage affordability is an important part of complying with the ACA’s Employer Mandate. Failing to comply can result in penalties and fines. So, how do employers determine affordability? There are three affordability safe harbors that can be used: Form W-2, Federal Poverty Line (FPL), and Rate of Pay. ACA Employer Mandate The ACA Employer … Read more

IRS Letter 1865C

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The IRS sends out Letter 1865C to employers if they cannot process some of their ACA forms. This can be for a variety of reasons, including improper format, incorrect forms, and typos among other things.   What is IRS Letter 1865C? The IRS Letter 1865-C, Information Return (Paper) Incomplete or Rejected for Processing, is a … Read more

ACA Measurement Methods – Critical for Reporting in 2023

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The IRS has outlined two ACA measurement methods that can be used in determining employee status for ACA purposes. These are the Monthly Measurement Method and Look-Back Measurement Method. ACA Employer Mandate It’s important that Applicable Large Employers (ALEs) ensure that they meet all of the requirements outlined by the ACA Employer Mandate. This means … Read more

What is Employer Shared Responsibility?

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Under the Affordable Care Act (ACA), the federal and state governments, employers, and insurers were given a shared responsibility to improve the availability, quality, and affordability of health coverage in the US. The Affordable Care Act’s employer shared responsibility provisions require certain employers (called applicable large employers or ALEs) to offer affordable health coverage to … Read more

What is a Common Law Employee?

Common Law Employee - Work Meeting

One of the first steps in preparing for ACA reporting is identifying all of your common law employees. The IRS defines an employee as anyone who performs services for you if you can control what will be done and how it will be done. This includes when you have given the employee freedom of action. … Read more

How Can I e-File PDF Forms 1095-C Easily?

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With a software provider, you can e-file PDF Forms 1095-C by converting the data into an IRS-acceptable format. Can I e-File PDF Forms 1095-C directly to the IRS? No, you cannot e-File PDF Forms 1095-C directly to the IRS. The IRS has very specific requirements for ACA Information Returns that are filed electronically. How can … Read more

Form 1095-C Codes Guidance – Master Code Series 1 & 2

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Perhaps the most intimidating (and challenging) part of Form 1095-C codes for new filers is determining what they mean and how to use them for Box 14 and 16 of the 1095-C. The use of short 1 digit, 1 letter codes to express coverage, full-time/part-time status, and affordability is cryptic at best, so we’ve compiled … Read more

Better Late Than Never – Filing Penalties for ACA Forms in 2024

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Filing Penalties for ACA forms can happen for a variety of reasons, including forgetting to file or not offering coverage. With the increase of tax enforcement from the IRS due to the Inflation Reduction Act, filers need to be sure that they are up to date with all ACA terms and in compliance with all … Read more

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