Tax Reporting Requirements

Starting in 2015, Applicable Large Employers (ALEs), or employers with over 50 Full-Time Equivalent employees (FTEs), are required to provide health insurance or pay an employer shared responsibility payment. This "Pay or Play" piece of the legislation is a giant liability for many businesses. In addition to offering a health plan with Minimum Essential Coverage (MEC) that is affordable, ALEs are required to report their offer of coverage as outlined in the IRS sections 6055 and 6056. We have solutions on how to accurately complete the reporting requirements and offer support in the following areas:

  • 1094/1095 Form Filing Guidance
  • Applicable Large Employer Determination
  • Full-Time Equivalent Calculation
  • Measurement/Stability Period Management
  • Determining Affordability Of Coverage For Employees