December 2024

Federal Updates

 

Who is filing your 2023 ACA Reporting?

01/04/24

Author: ADP Admin/Wednesday, January 3, 2024/Categories: Bulletin News

If you are an Applicable Large Employer (ALE)*, your business could face significant IRS assessments if your Affordable Care Act (ACA) reporting forms 1095-C for the 2023 reporting year are not timely distributed to your full-time employees.  Please review and acknowledge your filing in the ACA Reporting Tool (ART) by Jan.  31, 2024, so that we can timely distribute the forms to your full-time employees.  

ACA Reporting is filed under your unique FEIN.

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 > ACA IRS & State Reporting.
  • 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 IRS & State Reporting, please send us a Service Portal case with ACA in the title for assistance.
  • When ready, click Approve.

We are here to help! We will be hosting webinars on the [DP(1] to review how to approve your forms.

Click here to register

* 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 (2022). 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.


 [DP(1]What dates?

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Tags: 01/04/24

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