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Who is filing your 2021 ACA Reporting?

01/06/22

Author: ADP Admin/Wednesday, January 5, 2022/Categories: Bulletin News

If you are an Applicable Large Employer (ALE)*, your business could be in jeopardy of facing significant financial IRS assessments if you have not reviewed and approved your Affordable Care Act (ACA) forms in ADP Health Compliance for the 2021 reporting year. If you do not take action to review and approve your filing in ADP Health Compliance, your Forms 1095-C may not be distributed to your full-time employees prior to the IRS deadline. As a result, your business may be subject to financial IRS assessments. Your ACA filing must be approved by January 20, 2022 or your company may face IRS assessments for failure to furnish the filing on time.

What you need to do:

  • Go to ADP TotalSource® (for best results, use Chrome, Firefox or Microsoft Edge and be sure to clear your cache.).
  • Navigate to Process > ACA > Health Compliance.
  • Select the Ready for Approval bucket to review your IRS Forms 1095-C.
  • When ready, click Approve All.
  • Next, review your IRS Forms 1094-C.
  • If an entity or a Federal Employer Identification Number (FEIN) is missing from ADP Health Compliance, please contact your HR Business Partner for assistance.
  • When ready, click Approve.

We are here to help! We will be hosting webinars on the dates below to review how to approve your forms. Click here to register.

Wednesday, January 12, 2022, 04:00 PM EST / 1:00 PM PST

Thursday, January 13, 2022, 01:00 PM EST / 10:00 AM PST

* The IRS defines an Applicable Large Employer (ALE) as an employer with an average of at least 50 full-time employees (including full-time equivalents) in the prior calendar year (2020). The ACA requires ALEs to provide an annual form 1095-C to each full-time employee regarding healthcare coverage offered by the ALE. That form must also be filed with the IRS.

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Tags: 01/06/22

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