IRS Letter 1865C

IRS Letter 1865C - Flat lay of decorated envelopes

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

What is Employer Shared Responsibility?

employer shared responsibility provision payment meeting

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

Better Late Than Never – Filing Penalties for ACA Forms in 2023

Stack of hundred dollar bills - Filing Penalties for ACA Forms

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

COBRA Continuation Coverage and the ACA – 2023

Coffee and notebook on wood desk - COBRA Continuation Coverage and the ACA

The IRS has provided additional guidance regarding the application of the Consolidated Omnibus Budget Reconciliation Act (COBRA) provisions as they have been amended under the American Rescue Plan (ARP). Learn everything you need to know about COBRA Continuation Coverage below! COBRA Basics This guidance, IRS Notice 2021-46, builds upon the previous Notice 2021-31 and presents … Read more

Understanding Aggregate ALE Groups and the ACA in 2023

Understanding Aggregate ALE Groups and the ACA

Employer Shared Responsibility Provisions (ESRP) are an essential part of the Affordable Care Act (ACA). These provisions only apply to certain large employers, known as Applicable Large Employers (ALEs).  ESRP requires these employers to offer minimum essential coverage (MEC) that is affordable and that provides minimum value to their employees and their dependents. Failure to … Read more

10 Common Mistakes for IRS Form 1095-C

Common Mistakes on Form 1095-C - Boy covering face

There are many common mistakes that filers make when completing Forms 1095-C. We’ve compiled a list of the most common mistakes and how to fix them. Common Mistakes Only creating and sending forms to individuals that enrolled in coverage Common Mistake: Many filers assume that a Form 1095-C should only be completed for individuals that … Read more

IRS Form 1095-C Guide for 2023 (TY2022)

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. Form 1095-C Guide – Key Topics Our Form 1095-C guide identifies … Read more

6 Limited Non-Assessment Periods for ALEs

Pile of Clocks - Limited Non-Assessment Period

Determining when full-time employees should be offered health coverage can be one of the biggest challenges for Applicable Large Employers (ALEs) under the ACA Employer Mandate. ALEs who do not immediately offer coverage to full-time employees may be protected by using certain grace periods provided by the IRS, which are called Limited Non-Assessment Periods. What … Read more

IRS Filing Guides for ACA, 1099, and W-2

Quick Guide 2023 Filing Guide- Flat lay desktop with laptop, office supplies, coffee, and balled up paper.

The end of the 2022 tax year means that the 2023 filing season is just around the corner! With our filing guide, you don’t have to spend endless hours laboring over getting your filings prepared and submitted to the IRS. Whether you’re brand new to filing or have been a doing this for a while, … Read more

New Jersey ACA Filing Requirements – TY 2022

new jersey ACA - red mill -

Many states have adopted Individual Mandates. New Jersey ACA filing is required for certain employers and insurance providers. Clarifications to New Jersey ACA Requirements The NJ Market Preservation Act requires reporting to verify coverage provided by payers of NJ’s Income Tax. NJ requires employers, insurers, and other coverage providers to: Where New Jersey ACA Requirements … Read more

Import Spreadsheet Format Guidelines for Tax Year 2022

Import spreadsheet format guidelines A Step-by-Step Guide

We’ve created Excel import spreadsheet templates to help you easily upload all of your 1095-B and 1095-C, 1099, and W-2 data. These templates are identical to the official IRS forms so that you can enter the information just as you would on paper.  General Import Spreadsheet Guidelines For more in-depth or specific validation errors, you can … Read more

Affordable Care Act Reporting Tool – 4 Easy Steps!

ACA Measurement Methods - Person going over graphs

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