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1094/1095 ACA filings

Nov 23rd, 2021 at 07:36   Services   Woodland Hills   27 views

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For large employers having 50 or more full-time and full-time equivalent employees working for at least 30 hours a week has to submit the 1094/1095 ACA filings to IRS for every annual tax session. This Employer Mandate Provisions for specifying the Minimum Essential Coverage offered to all health insurance covered employees have to be compulsorily submitted, failing the IRS Letter 5699 for non-compliance for form submissions in the previous year will be sent to these employers. This letter has to be responded within 30 days, failing IRS charges high penalties. ACA Compliance Solutions simplifies the filing process. Explore www.acacss.com


 

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