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ACA Employer Reporting Update: Employee Statements and IRS Reports Likely Still Must Be Filed Even if the Law Is Repealed Quickly
Christine Williams

Please join Christine Williams as she helps employers prepare for the statements and reports to be filed in 2017 and consider whether changes in their health plans or their data collection methods may be advisable.

Price: $299.00
ACA Employer Reporting Update: Employee Statements and IRS Reports Likely Still Must Be Filed Even if the Law Is Repealed Quickly

Despite the recent election results, it is likely that the Affordable Care Act (ACA) employer reports to the IRS and statements to employees will still be required. The extended deadline for statements to employees is March 2, 2017 and the deadline for reports to the IRS is still February 28, 2017 for employers filing on paper and March 31, 2017 for those filing electronically. There are a number of changes to the reporting requirements from last year, and many clarifications of problematic issues. In addition, the good faith transition relief from penalties that was available last year has been extended to this year’s reporting obligations.

The IRS has clarified its position on employer solicitation of social security numbers (SSNs), somewhat easing employer fears that employees’ refusal to provide accurate SSNs for dependents could result in large penalties. There have also been clarifications on employer reporting obligations for employees who have coverage under more than one minimum essential coverage (MEC) plan and counting hours of service for employees on disability leave. There are also new codes to report conditional offers of coverage to spouses. In other guidance, the IRS has announced the indexed affordability percentage for 2017 and has issued rules addressing the effect of opt-out payments and certain flex credits on the affordability calculation.

Please join Christine Williams as she helps employers prepare for the statements and reports to be filed in 2017 and consider whether changes in their health plans or their data collection methods may be advisable.

WHAT YOU'LL LEARN

This webinar will cover the recent IRS activity, including the following questions:

  • What has changed on the reporting forms and will information that was not required for 2015 reporting be required for 2016 reports?
  • What is a conditional offer to a spouse or dependent?
  • If employees will not provide accurate SSNs for dependents, what must an employer do in order to avoid penalties?
  • Are employers allowed to truncate Employer Identification Numbers on employee statements?
  • What are the rules for reporting health reimbursement arrangement (HRA) coverage for employees who also have other coverage?
  • Will opt-out payments and flex credits affect the determination of affordability?
  • What are the most common errors the IRS is finding in 2015 reports?
  • AND MUCH MORE!

 

Price: $299.00

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PRESENTER

Christine Williams

WHAT'S INCLUDED

  • Access your training anywhere, with a computer, tablet or smartphone.
  • Engaging and up-to-date training to support your career and your organization.
  • Handouts you can distribute to your board and staff.