Clarification on ACA Reporting: Reporting on COBRA ...

6/23/15 | 2015-07. Clarification on ACA Reporting : Reporting on COBRA . Participants, Mid-Month Hires and Terminations, and More The Internal Revenue Service (IRS) recently issued additional FAQ guidance on ACA Reporting , including how to properly code certain employees and plan participants, and also issued draft guidance on the electronic filings of ACA returns. While this guidance will largely impact third party vendors that provide ACA Reporting services, employers that plan to do their own Reporting should take special note of this latest guidance. Employers that intend to outsource Reporting to third party vendors should likewise review this recent guidance to understand how their operations and coverage offerings will impact their ACA Reporting .

The IRS has released two sets of forms to satisfy these reporting obligations. Providers of minimum essential coverage, most often insurance carriers, will use Forms 1094-B and 1095-B to accomplish MEC

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  Reporting, Clarification, Clarification on aca reporting

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